Section 50IAC5.1-3-6. Extension of time

   (a) The state board may extend the due date for the annual report for a public utility company.

  (b) The state board may grant a general extension to all public utility companies or classes of public utility companies. The state board will notify the public utility company of any general extension. A written request by the public utility company is not necessary to exercise the general extension.

  (c) An extension of the due date, or an extension beyond the general extension granted under subsection (b), shall be considered by the state board if:

(1) the public utility company submits a written request for an extension at least five (5) days prior to the due date; and

(2) the public utility company cannot file on or before the due date because of extraordinary and unusual circumstances.

  (d) An extension granted by the state board under subsection (c) shall be in writing. A copy of the extension shall accompany the taxpayer's annual report.

  (e) An extension granted by the state board under subsection (b) or subsection (c) shall also apply to the report required under section 3 of this rule. (Department of Local Government Finance; 50 IAC 5.1-3-6; filed Dec 15, 1993, 5:00 p.m.: 17 IR 956; reinstated by IC 6-1.1-8-44, eff Jul 1, 2003)