Circulation and voting of petitions for forbearance.

§ 1.57 Circulation and voting of petitions for forbearance. (a) If a petition for forbearance includes novel questions of fact, law or policy which cannot be resolved under outstanding precedents and decisions, the Chairperson will circulate a draft order no later than 28 days prior to the statutory deadline, unless all Commissioners agree to a shorter period. (b) The Commission will vote on any circulated order resolving a forbearance petition not later than seven days before the last day that action must be taken to prevent the petition from being deemed granted by operation of law. [74 FR 39227, Aug. 6, 2009, as amended at 88 FR 21433, Apr. 10, 2023]