99-415. Extension; Comment Request  

  • [Federal Register Volume 64, Number 5 (Friday, January 8, 1999)]
    [Notices]
    [Page 1245]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 99-415]
    
    
    =======================================================================
    -----------------------------------------------------------------------
    
    SECURITIES AND EXCHANGE COMMISSION
    
    
    Extension; Comment Request
    
    Upon Written Request, Copy Available From: Securities and Exchange 
    Commission, Office of Filings and Information Services, 450 Fifth 
    Street, N.W., Washington, D.C. 20549
    
    Extension
        Form N-14, SEC File No. 270-297, OMB Control No. 3235-0336
    
        Notice is hereby given that, pursuant to the Paperwork Reduction 
    Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange 
    Commission (``Commission'') is soliciting comments on the collection of 
    information summarized below. The Commission plans to submit this 
    existing collection of information to the Office of Management and 
    Budget for extension and approval.
        Form N-14--Registration Statement Under the Securities Act of 1933 
    for Securities Issued in Business Combination Transactions by 
    Investment Companies and Business Development Companies. Form N-14 is 
    used by investment companies registered under the Investment Company 
    Act of 1940 [15 U.S.C. 80a-1 et seq.] (``Investment Company Act'') and 
    business development companies as defined by section 2(a)(48) of the 
    Investment Company Act to register securities under the Securities Act 
    of 1933 [15 U.S.C. 77a et seq.] to be issued in business combination 
    transactions specified in Rule 145(a)(17 CFR 230.145(a)) and exchange 
    offers. The securities are registered under the Securities Act to 
    ensure that investors receive the material information necessary to 
    evaluate securities issued in business combination transactions. The 
    Commission staff reviews registration statements on Form N-14 for the 
    adequacy and accuracy of the disclosure contained therein. Without Form 
    N-14, the Commission would be unable to verify compliance with 
    securities law requirements. The respondents to the collection of 
    information are investment companies or business development companies 
    issuing securities in business combination transactions. The estimated 
    number of responses is 283 and the collection occurs only when a merger 
    or other business combination is planned. The estimated total annual 
    reporting burden of the collection of information is approximately 620 
    hours per response for a new registration statement, and approximately 
    350 hours per response for an amended Form N-14, for a total of 140,090 
    annual burden hours.
        Written comments are invited on: (a) whether the proposed 
    collection of information is necessary for the proper performance of 
    the Commission's mission, including whether the information will have 
    practical utility; (b) the accuracy of the Commission's estimate of the 
    burden of the collection of information; (c) ways to enhance the 
    quality, utility, and clarity of the information collected; and (d) 
    ways to minimize the burden of the collection of information on 
    respondents, including through the use of automated collection 
    techniques or other forms of information technology. Consideration will 
    be given to comments and suggestions submitted in writing within 60 
    days of this publication.
        Please direct your written comments to Michael E. Bartell, 
    Associate Executive Director, Office of Information Techology, 
    Securities and Exchange Commission, 450 5th Street, N.W., Washington, 
    DC 20549.
    
        Dated: December 29, 1998.
    Margaret H. McFarland,
    Deputy Secretary.
    [FR Doc. 99-415 Filed 1-7-99; 8:45 am]
    BILLING CODE 8010-01-M
    
    
    

Document Information

Published:
01/08/1999
Department:
Securities and Exchange Commission
Entry Type:
Notice
Document Number:
99-415
Pages:
1245-1245 (1 pages)
PDF File:
99-415.pdf