1. (a) Any utility may petition for exemption from any of this part, on the basis that application of the rule would not be in the public interest, in accordance with Rule 1.03 of the Arkansas Public Services Commission’s Rules of Practice and Procedure.
2. (b) Any existing financing arrangements, provision of corporate services, or other affiliate relationship which could be deemed to be in violation of this part will be allowed to continue for a period of one (1) year from adoption of this part in order to allow the utilities involved to seek an exemption from the application of this part for those existing circumstances.

Codification Notes: This section was promulgated as Rule XI of the Affiliate Transaction Rules prior to codification in the Code of Arkansas Rules.