§ 1.1512   Net worth exhibit.

   (a) Each applicant except a qualified tax-exempt organization or cooperative
   association must provide with its application a detailed exhibit showing the
   net worth of the applicant and any affiliates (as defined in § 1.1504(f) of
   this part) at the time the proceeding was designated. The exhibit may be in
   any form convenient to the applicant that provides full disclosure of the
   applicant's and its affiliates' assets and liabilities and is sufficient to
   determine  whether the applicant qualifies under the standards in this
   subpart. The Administrative Law Judge may require an applicant to file
   additional information to determine its eligibility for an award.

   (b) Ordinarily, the net worth exhibit will be included in the public record
   of the proceeding. However, an applicant that objects to public disclosure
   of information in any portion of the exhibit and believes there are legal
   grounds for withholding it from disclosure may submit that portion of the
   exhibit directly to the Administrative Law Judge in a sealed enevelope
   labeled “Confidential Financial Information”, accompanied by a motion to
   withhold the information from public disclosure. The motion shall describe
   the information sought to be withheld and explain, in detail, why it falls
   within one or more of the specific exemptions from mandatory disclosure
   under the Freedom of Information Act, 5 U.S.C. 552(b)(1)-(9), why public
   disclosue of the information would adversely affect the applicant, and why
   disclosure is not required in the public interest. The material in question
   shall be served on Bureau counsel, but need not be served on any other party
   to  the  proceeding.  If  the  Administrative Law Judge finds that the
   information should not be withheld from disclosure, it shall be placed in
   the public record of the proceeding. Otherwise, any request to inspect or
   copy the exhibit shall be disposed of in accordance with the Commission's
   established procedures under the Freedom of Information Act, § § 0.441 through
   0.466 of this chapter.

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