Sec.  32.2351   Public telephone terminal equipment.

   (a) This account shall include the original cost of coinless, coin-operated
   (including public and semi-public), credit card and pay telephone installed
   for use by the public.

   (b) This account shall also include the original cost of operating spares
   that are required to provide a continuity of service for public telephones.
   The operating spares shall not exceed six months supply in terms of turnover
   and be available to installers from locations in reasonable proximity to the
   location of the installed equipment.

   (c) The original cost of installing public telephone equipment shall not
   include the labor and minor materials costs of installing the public
   telephone equipment or premises wiring. These costs as well as the cost of
   replacing a public telephone shall be charged to Account 6351 Public
   Telephone Terminal Equipment Expense. The labor and minor materials costs of
   removal of public telephones will also be charged to Account 6351.

   [ 51 FR 43499 , Dec. 2, 1986, as amended at  52 FR 29019 , Aug. 5, 1987]