96-32338. Information Collection; Comment Request

[Federal Register Volume 61, Number 246 (Friday, December 20, 1996)]
[Notices]
[Pages 67375-67376]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-32338]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Information Collection; Comment Request

ACTION: Federal Register Pre-Clearance Notice.

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SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to take this opportunity to comment 
on continuing information collections, as required by the Paperwork 
Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). 
Currently, the Treasury Department's Office of Foreign Assets Control 
is soliciting comments concerning the civil penalty provisions, of the 
Foreign Assets Control Regulations, 31 CFR Secs. 500.703 and 500.704.

DATES: Written comments should be received on or before February 18, 
1997 to be assured of consideration.


[[Page 67376]]


ADDRESS: Direct all written comments to Dorene F. Erhard, Sr. Sanctions 
Advisor, Office of Foreign Assets Control, U.S. Department of the 
Treasury, 1500 Pennsylvania Avenue, NW, Washington, DC 20220, (tel.: 
202/622-2500). Internet Address: [e-mail].

FOR FURTHER INFORMATION CONTACT: Mrs. B.S. Scott, Chief, Penalties 
Program (tel.: [phone]); or William B. Hoffman, Chief Counsel 
(tel.: [phone]); Office of Foreign Assets Control, U.S. Department 
of the Treasury, Washington, DC 20220.

SUPPLEMENTARY INFORMATION: 

    Title: Foreign Assets Control Regulations, Civil Penalties 
Provisions.
    OMB Number: 1505-0147.
    Abstract: A recipient of a prepenalty notice alleging a violation 
of the Foreign Assets Control Regulation is permitted to respond in 
writing requesting a hearing and/or setting forth his or her belief 
that a penalty should not be imposed, or if imposed, should be in a 
lesser amount than proposed.
    Current Actions: Extension.
    Type of Review: Extension.
    Affected Public: Businesses and other for-profit institutions/ 
banking institutions/individuals.
    Estimated Number of Respondents: 50.
    Estimated Time Per Respondent: 2 hours to process.
    Estimated Annual Burden Hours: 100 hours.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and/or included in the request for OMB approval. All 
comments will become a matter of public record. Comments are invited 
on: (a) Whether the collection of information is necessary for the 
proper performance of the agency's functions, including whether the 
information has practical utility; (b) the accuracy of the agency's 
estimate of the burden of the collection of information; (c) ways to 
enhance the quality, utility, and clarity of the information to be 
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; (e) 
estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Dated: December 12, 1996.
William B. Hoffman,
Chief Counsel, Office of Foreign Assets Control, U.S. Department of the 
Treasury.
[FR Doc. 96-32338 Filed 12-19-96; 8:45 am]
BILLING CODE 4810-25-M