47 C.F.R. § 32.2682

Current through May 31, 2024
Section 32.2682 - Leasehold improvements
(a) This account shall include the original cost of leasehold improvements made to telecommunications plant held under a finance or operating lease, which are subject to amortization treatment. This account shall also include those improvements which will revert to the lessor.
(b) Improvements to leased telecommunications plant which are of a relatively minor cost or short life or for which the period of the lease is one year or less shall be charged to the account chargeable with the cost of repairs to such plant.
(c) Amounts contained in this account shall be amortized over the term of the related lease.

47 C.F.R. §32.2682

51 FR 43499, Dec. 2, 1986, as amended at 67 FR 5687, Feb. 6, 2002; 69 FR 53649, Sept. 2, 2004; 82 FR 20841, May 4, 2017; 84 FR 4730, Feb. 19, 2019
82 FR 20841, 1/1/2018; 84 FR 4730, 1/1/2020