42 USC § 16459 - Savings provisions

---
identifier: "/us/usc/t42/s16459"
source: "usc"
legal_status: "official_prima_facie"
title: "42 USC § 16459 - Savings provisions"
title_number: 42
title_name: "THE PUBLIC HEALTH AND WELFARE"
section_number: "16459"
section_name: "Savings provisions"
chapter_number: 149
chapter_name: "NATIONAL ENERGY POLICY AND PROGRAMS"
subchapter_number: "XII"
subchapter_name: "ELECTRICITY"
part_number: "D"
part_name: "Repeal of Public Utility Holding Company Act of 1935"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 109–58, title XII, § 1271, Aug. 8, 2005, 119 Stat. 976.)"
---


# § 16459. Savings provisions

**(a)** **In general** August 8, 2005

Nothing in this part, or otherwise in the Public Utility Holding Company Act of 1935, or rules, regulations, or orders thereunder, prohibits a person from engaging in or continuing to engage in activities or transactions in which it is legally engaged or authorized to engage on , if that person continues to comply with the terms (other than an expiration date or termination date) of any such authorization, whether by rule or by order.

**(b)** **Effect on other Commission authority** 16 U.S.C. 791a15 U.S.C. 717

Nothing in this part limits the authority of the Commission under the Federal Power Act ( et seq.) or the Natural Gas Act ( et seq.).

**1** **Tax treatment** [^1]15 U.S.C. 7942 U.S.C. 16451

Tax treatment under section 1081  of title 26 as a result of transactions ordered in compliance with the Public Utility Holding Company Act of 1935 ( et seq.) shall not be affected in any manner due to the repeal of that Act and the enactment of the Public Utility Holding Company Act of 2005 [ et seq.].

See References in Text note below.

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**Source Credit**: (Pub. L. 109–58, title XII, § 1271, Aug. 8, 2005, 119 Stat. 976.)

## Editorial Notes

### References in Text

This part, referred to in text, was in the original “this subtitle”, meaning subtitle F (§§ 1261–1277) of title XII of , , , known as the Public Utility Holding Company Act of 2005, which enacted this part, amended sections 824 and 824m of Title 16, Conservation, repealed chapter 2C (§ 79 et seq.) of Title 15, Commerce and Trade, and , and enacted provisions set out as notes under sections 15801 and 16451 of this title. For complete classification of subtitle F to the Code, see Short Title note set out under  and Tables.

The Public Utility Holding Company Act of 1935, referred to in subsecs. (a) and (c), is title I of , , which was classified generally to chapter 2C (§ 79 et seq.) of Title 15, Commerce and Trade, prior to repeal by , , . For complete classification of this Act to the Code, see Tables.

The Federal Power Act, referred to in subsec. (b), is , , which is classified generally to chapter 12 (§ 791a et seq.) of Title 16, Conservation. For complete classification of this Act to the Code, see  and Tables.

The Natural Gas Act, referred to in subsec. (b), is , , which is classified generally to chapter 15B (§ 717 et seq.) of Title 15, Commerce and Trade. For complete classification of this Act to the Code, see  and Tables.

, referred to in subsec. (c), was repealed by , , .

The Public Utility Holding Company Act of 2005, referred to in subsec. (c), is subtitle F (§§ 1261–1277) of title XII of . See note for this part above.