[Federal Register Volume 64, Number 206 (Tuesday, October 26, 1999)]
[Notices]
[Page 57668]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-27880]
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SECURITIES AND EXCHANGE COMMISSION
Submission for OMB Review; Comment Request
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of Filings and Information Services, Washington, DC
20549
Extension:
Rule 18f-1 and Form N-18F-1, SEC File No. 270-187, OMB Control
No. 3235-0211
Notice is hereby given that pursuant to the Paperwork Reduction Act
of 1995 (44 U.S.C. 3501-3520), the Securities and Exchange Commission
(``Commission'') has submitted to the Office of Management and Budget
(``OMB'') a request for extension of the previously approved collection
of information discussed below.
Rule 18f-1 [17 CFR 270.18f-1] enables a registered open-end
management investment company (``fund'') that may redeem its securities
in kind, by making a one-time election, to commit to make cash
redemptions pursuant to certain requirements without violating section
18(f) of the Investment Company Act of 1940. A fund relying on the rule
must file Form N-18F-1 [17 CFR 274.51] to notify the Commission of this
election. The Commission staff estimates that approximately 106 funds
file the Form annually, and that each response takes approximately one
hour. Based on these estimates, the total annual burden hours
associated with the rule is estimated to be 106 hours.
The estimate of average burden hours is made solely for the
purposes of the Paperwork Reduction Act, and is not derived from a
comprehensive or even a representative survey or study of the costs of
Commission rules. The collection of information required by rule 18f-1
is necessary to obtain the benefits of the rule. Responses will not be
kept confidential. An agency may not conduct or sponsor, and a person
is not required to respond to, a collection of information unless it
displays a currently valid control number.
Please direct general comments regarding the above information to
the following persons: (i) Desk Officer for the Securities and Exchange
Commission, Office of Information and Regulatory Affairs, Office of
Management and Budget, Room 3208, New Executive Office Building,
Washington, DC 20503; and (ii) Michael E. Bartell, Associate Executive
Director, Office of Information Technology, Securities and Exchange
Commission, 450 Fifth Street, N.W., Washington, DC 20549. Comments must
be submitted to OMB within 30 days of this notice.
Dated: October 18, 1999.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 99-27880 Filed 10-25-99; 8:45 am]
BILLING CODE 8010-01-M
