[Federal Register Volume 64, Number 50 (Tuesday, March 16, 1999)]
[Notices]
[Page 13044]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-6333]
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SECURITIES AND EXCHANGE COMMISSION
Submission for OMB Review; 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'') has submitted to the Office of Management and Budget
(``OMB'') requests for extension of the previously approved collection
of information discussed below.
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. Providing the information on Form N-14 is
mandatory. Responses will not be kept confidential. Estimates of the
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. The
Commission may not conduct or sponsor, a person is not required to
respond to, a collection of information unless it displays a currently
valid OMB control number.
General comments regarding the above information should be directed
to the following persons: (i) Desk Officer for the Securities and
Exchange Commission, Office of Information and Regulatory Affairs,
Office of Management and Budget, New Executive Office Building,
Washington, D.C. 20503; and (ii) Michael E. Bartell, Associate
Executive Director, Office of Information Technology, Securities and
Exchange Commission, 450 Fifth Street, N.W., Washington, D.C. 20549.
Comments must be submitted to OMB within 30 days of this notice.
Dated: March 9, 1999.
Jonathan G. Katz,
Secretary.
[FR Doc. 99-6333 Filed 3-15-99; 8:45 am]
BILLING CODE 8010-01-M
