[Federal Register Volume 62, Number 44 (Thursday, March 6, 1997)]
[Rules and Regulations]
[Pages 10220-10221]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-5496]
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FEDERAL COMMUNICATIONS COMMISSION
47 CFR Parts 32 and 53
[CC Docket No. 96-150: FCC 96-490]
Accounting Safeguards Under the Telecommunications Act of 1996:
Correction
AGENCY: Federal Communications Commission.
ACTION: Final rule; Correction.
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SUMMARY: This document contains a correction to the effective date of
the Final Rules, which were published Tuesday, January 21, 1997, (62 FR
2918). The rules related to accounting safeguards that are necessary to
satisfy the requirements of Sections 260 and 271 through 276 of the
Communications Act of 1934, as amended by the Telecommunications Act of
1996 (``1996 Act''). Specifically, this Order prescribed the way
incumbent local exchange carriers, including the Bell Operating
Companies (``BOCs''), must account for transactions with affiliates
involving, and allocate costs incurred in the provision of, both
regulated telecommunications services and nonregulated services,
including telemessaging, interLATA telecommunications, information,
manufacturing, electronic publishing, alarm monitoring and payphone
services, to ensure compliance with the 1996 Act.
[[Page 10221]]
EFFECTIVE DATE: The requirements and regulations established in this
Order with regard to Part 32 of our Rules 47 CFR Part 32, shall become
effective upon approval by OMB of the new information collection
requirements adopted herein, but no sooner than July 20, 1997 (six
months after publication in the Federal Register). We will allow
carriers to implement these rules at an earlier date and encourage them
to do so. The remaining new and/or modified information collections
established in this Order shall become effective upon approval by OMB
of the new information collection requirements adopted herein, but no
sooner than February 20,1 997. The Commission will publish a document
at a later date establishing the effective dates of these rules.
FOR FURTHER INFORMATION CONTACT:
Mark Ehrlich, Attorney/Advisor, Accounting and Audits Division, Common
Carrier Bureau, (202) 418-0385.
SUPPLEMENTARY INFORMATION:
Background
The Accounting Safeguards Under the Telecommunications Act of 1996
Report and Order established accounting safeguards that are necessary
to satisfy the requirements of the 1996 Act, including the way
incumbent local exchange carriers, including the Bell Operating
Companies (``BOCs''), must account for transactions with affiliates
involving, and allocate costs incurred in the provision of, both
regulated telecommunications services and nonregulated services,
including telemessaging, inteLATA telecommunications, information,
manufacturing, electronic publishing, alarm monitoring and payphone
services.
Need for Correction
Under section 220(g) of the Act, the Commission must allow six
months notice before alterations in the required manner or form of
keeping accounts are to take effect.
Correction of Publication
Accordingly, the publication on January 21, 1997 is corrected as
follows:
1. The effective date paragraph on page 2918, in the third column,
should read: The requirements and regulations established in this Order
with regard to Part 32 of our Rules, 47 CFR Part 32, shall become
effective upon approval by OMB of the new information collection
requirements adopted herein, but no sooner than July 20, 1997 (six
months after publication in the Federal Register). We will allow
carriers to implement these rules at an earlier date and encourage them
to do so. The remaining new and/or modified information collections
established in this Order shall become effective upon approval by OMB
of the new information collection requirements adopted herein, but no
sooner than February 20, 1997.
2. The second indented paragraph 2925, in the second column, should
read:
It is further ordered that, pursuant to section 220(g) of the
Communications Act of 1934, as amended, 47 U.S.C. Sec. 220(g) and
section 1.427(c) of the Commission's Rules, 47 CFR Sec. 1.427(c), the
requirements and regulations established in this Order with regard to
Part 32 of the Commission's Rules, 47 CFR Part 32, shall be effective
six months after publication in the Federal Register. The remaining
requirements and regulations established in this Order shall become
effective upon approval by OMB of the new information collection
requirements adopted herein, but no sooner than February 20, 1997.
Federal Communications Commission
William F. Caton,
Acting Secretary.
[FR Doc. 97-5496 Filed 3-5-97; 8:45 am]
BILLING CODE 6712-01-M
