NAC706.753. Fixed assets: Account for fuel conversion plants.

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The account for fuel conversion plants includes the cost of setting up a fuel conversion plant in order to convert natural gas to a liquid state for use as fuel in the operation of taxicabs. Included as part of this cost are the costs of:

     1. Installing any required cement slabs;

     2. All required plumbing and electrical work;

     3. All piping gas lines compressors, including freight, and pumping stations; and

     4. The labor cost of all such installations.

[Taxicab Auth., Uniform System of Accounts Reg. § 225, eff. 11-16-79]

                    
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