24-B - Notice to be given Long Island power authority prior to rate increase.

§ 24-b. Notice  to  be given Long Island power authority prior to rate  increase. 1. Notwithstanding any inconsistent general, special or  local  law  or  rule or regulation to the contrary, the commission shall to the  extent the Long Island power authority shall so request in any cases  or  class  of  cases,  relating  to  a gas or electric corporation operating  within the service territory  of  the  authority,  give  notice  to  the  authority  of any filed statement proposing to modify or increase rates,  services, schedule of rates or any other rating  rule  or  to  adopt  or  amend  any  rate  or service rules or regulations within five days after  the commission shall have  received  such  statement  from  any  gas  or  electric  corporation  within  the  service territory of the Long Island  Power authority subject to its jurisdiction; provided, however, that  in  lieu  of  giving  such notice, the commission may direct that the gas or  electric corporation give such notice to the authority.    2. In any such case  in  which  the  authority  shall  file  with  the  commission a statement of intent to be a party, the authority shall have  and  in  its  discretion may exercise all the rights and privileges of a  party.    3. For the purposes of this section, the term "authority"  shall  mean  the  Long  Island  power authority, the term "commission" shall mean the  public service commission.