94-107. Withdrawal of Notice of Proposed Exemption

[Federal Register Volume 59, Number 3 (Wednesday, January 5, 1994)]
[Notices]
[Page 599]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-107]


[[Page Unknown]]

[Federal Register: January 5, 1994]


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DEPARTMENT OF LABOR
Pension and Welfare Benefits Administration

 

Withdrawal of Notice of Proposed Exemption

    In the matter of Day Runner, Inc. 401(k) Plan (the Plan), 
Located in Fullerton, California [Exemption Application No. D-9357]

    In the Federal Register dated April 27, 1993 (58 FR 25661), the 
Department of Labor (the Department) published a notice of proposed 
exemption from the prohibited transaction restrictions of the Employee 
Retirement Income Security Act of 1974 and from certain taxes imposed 
by the Internal Revenue Code of 1986. The notice of proposed exemption 
concerned the proposed cash sale by the Plan to Day Runner, Inc. (the 
Employer), the sponsor of the Plan, of a guaranteed investment 
certificate issued by Mutual Benefit Life Insurance Company of New 
Jersey.
    On December 16, 1993, the applicant informed the Department that it 
did not wish to proceed with the exemption application procedure.
    Accordingly, the notice of proposed exemption is hereby withdrawn.

    Signed at Washington, DC, this 30th day of December, 1993.
Ivan Strasfeld,
Director, Office of Exemption Determinations, Pension and Welfare 
Benefits Administration, U.S. Department of Labor.
[FR Doc. 94-107 Filed 1-4-94; 8:45 am]
BILLING CODE 4510-29-P