Gulfstream Natural Gas System, L.L.C.

Original Volume No. 1

Effective Date: 06/28/2010, Docket: RP10-792-000, Status: Effective

First Revised Sheet No. 163 First Revised Sheet No. 163

Superseding: Original Sheet No. 163

GENERAL TERMS AND CONDITIONS

(CONTINUED)

23.1 Federal Energy Regulatory Commission Annual Charge

Adjustment.

(a) The purpose of this Section 23.1 is to establish an

Annual Charge Adjustment ("ACA") as permitted by

Section 154.402 of the Commission's Regulations to

permit Transporter to recover from its Shippers all

annual charges assessed it by the Commission under Part

382 of the Commission's Regulations.

(b) Applicable Rate Schedules: The ACA as set forth on the

Statement of Additional Charges and Surcharges of this

Tariff, is applicable to Transporter's Rate Schedules

FTS and ITS.

filed by Transporter at least thirty (30) Days prior to

the proposed effective date unless, for good cause

shown, lesser periods are allowed by valid Commission

Order. The proposed effective date of the filings

shall be October 1 of each calendar year. Any such

filing shall not become effective until it becomes

effective without suspension or refund obligation.

(d) Remittance to the Commission. Transporter shall remit

to the Commission, not later than forty-five (45) Days

after receipt of the Annual Charges Billing, the Total

Annual Charge stated on such billing.

(e) Basics of the Annual Charge Adjustment. The Rate

Schedules specified in Section 23.1(b) hereof shall

include an increment for an Annual Charge Adjustment for

costs specified in Section 23.1(a), above. Such

adjustment shall be the billable charge factor from the

Commission, adjusted to the Company's pressure base and

heating value, if required, which is stated in the

Commission's Annual Charges Billing. The Annual Charge

Adjustment shall be reflected on the Statement of

Additional Charges and Surcharges of this Tariff.