[Federal Register Volume 64, Number 33 (Friday, February 19, 1999)]
[Notices]
[Page 8415]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-4119]
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SECURITIES AND EXCHANGE COMMISSION
Existing Collection; Comment Request
Upon Written Request, Copies Available From: Securities and
Exchange Commission, Office of Filings and Information Services, 450
Fifth Street, NW, Washington, DC 20549.
Extension: Rule 24 [17 CFR 250.24], SEC File No. 270-129, OMB
Control No. 3235-0126
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 to the
Office of management and Budget (``OMB'') a request for an extension of
the previously OMB approved rule 24 under the Public Utility Holding
Company Act of 1935 (15 U.S.C. Section 79a et seq.) (``Act'').
Rule 24 under the Act requires the filing with the Commission of
certain information indicating that an authorized transaction has been
carried out in accordance with the terms and conditions of the
Commission order authorizing the transaction. The Commission needs the
information under rule 24 to ensure that the terms and conditions of
its orders are being complied with, and the Commission uses the
information to ensure appropriate compliance with the Act. The
respondents are comprised of two groups of entities: (a) registered
holding companies under the Act and their direct and indirect
subsidiaries and affiliates; and (b) holding companies exempt from the
provisions of the Act by rule or order from all provisions of the Act,
except section 9(a)(2). It is estimated that the total number of
respondents is 134, and the average number of responses per respondent
is 2.4 responses annually. The Commission estimates that the total
annual reporting burden under rule 24 is 636 hours (e.g., 318 filings
x 2 hours = 636 burden hours).
These estimates of average burden hours are made solely for the
purposes of the Paperwork Reduction Act and are not derived from a
comprehensive or even a representative survey or study of the costs of
SEC rules and forms. There is no requirement to keep the information in
the forms confidential because it is public information.
Written comments are invited on (a) whether the proposed collection
of information is necessary for the proper performance of the functions
of the agency, including whether the information will have 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 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, Securities and Exchange Commission, 450
5th Street, NW Washington, DC 20549.
Dated: February 10, 1999.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 99-4119 Filed 2-18-99; 8:45 am]
BILLING CODE 3010-01-M