just compensation

(3) The term “just compensation”, when used with respect to any intrastate pipeline which would have transported or distributed natural gas with respect to which contractual interests are transferred pursuant to the rule required under subsection (a)(1), means an amount equal to any loss of revenue, during the remaining period of the contract with respect to which contractual interests are transferred pursuant to the rule required under subsection (a)(1), to the extent such loss— (A) is directly incurred by reason of the discontinuation of the transportation or distribution of natural gas resulting from the transfer of contractual interests pursuant to the rule required under subsection (a)(1); and (B) is not offset by— (i) a reduction in expenses associated with such discontinuation; and (ii) revenues derived from other transportation or distribution which would not have occurred if such contractual interests had not been transferred.

Source

15 USC § 717y(e)(3)


Scoping language

For purposes of this section
Is this correct? or