Sec.  69.610   Other hypothetical net balances.

   (a) The hypothetical net balance for an access element other than a Common
   Line element shall be computed as provided in this section.

   (b) If the company does not participate in the association tariff for such
   element, the hypothetical net balance shall be zero.

   (c) If the company does participate in the association tariff for such
   element, the hypothetical net balance shall be computed by deducting access
   revenues collected for such element from the sum of expense attributable to
   such  element and the element residue apportioned to such company. The
   element  residue shall be apportioned among such companies in the same
   proportions as the net investment attributable to such element.

   (d) The element residue shall be computed by deducting expenses of all
   participating companies attributable to such element from revenues collected
   by all participating companies for such element.

   [ 48 FR 10358 , Mar. 11, 1983, as amended at  51 FR 42237 , Nov. 24, 1986]