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CFR

266.7—Project eligibility.

(1) The Commission pursuant to 49 U.S.C. 10903 has found since February 5, 1976, that the public convenience and necessity permit the abandonment and discontinuance of rail service on the line related to the project, except that any such line or related project eligible prior to October 1, 1978, is eligible only until September 30, 1981 and any such line eligible for rail service continuation assistance shall receive such assistance for no more than 36 months after October 1, 1978;
(2) The line related to the project was eligible for assistance under section 402 of the Rail Act (45 U.S.C. 762 ), except that any such line or related project is eligible only until September 30, 1981; or
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