[Federal Register Volume 61, Number 163 (Wednesday, August 21, 1996)]
[Notices]
[Pages 43280-43281]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-21323]
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SECURITIES AND EXCHANGE COMMISSION
[Investment Company Act Release No. IC-22144; 811-8048]
Special Opportunities Trust, Health Care Securities, Series I;
Notice of Application
August 15, 1996.
AGENCY: Securities and Exchange Commission (``SEC'').
ACTION: Notice of Application for Deregistration under the Investment
Company Act of 1940 (the ``Act'').
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APPLICANT: Special Opportunities Trust, Health Care Securities, Series
I.
RELEVANT ACT SECTION: Order requested under section 8(f).
SUMMARY OF APPLICATION: Applicant requests an order declaring that it
has ceased to be an investment company.
FILING DATE: The application was filed on March 20, 1996, and amended
on July 23, 1996.
HEARING OR NOTIFICATION OF HEARING: An order granting the application
will be issued unless the SEC orders a hearing. Interested persons may
request a hearing by writing to the SEC's Secretary and serving
applicant with a copy of the request, personally or by mail. Hearing
requests should be received by the SEC by 5:30 p.m. on September 9,
1996, and should be accompanied by proof of service on the applicant,
in the form of an affidavit or, for lawyers, a certificate of service.
Hearing requests should state the nature of the writer's interest, the
reason for the request, and the issues contested. Persons may request
notification of a hearing by writing to the SEC's Secretary.
ADDRESSES: Secretary, SEC, 450 Fifth Street, NW., Washington, DC 20549.
Applicant, 251 North Illinois Street, Suite 500, Indianapolis, IN
46204.
FOR FURTHER INFORMATION CONTACT:
Christine Y. Greenless, Senior Counsel, (202) 942-0581, or Robert A.
Robertson, Branch Chief, at (202) 942-0564 (Division of Investment
Management, Office of Investment Company Regulation).
SUPPLEMENTARY INFORMATION: The following is a summary of the
application. The complete application may be obtained for a fee from
the SEC's Public Reference Branch.
Applicant's Representations
1. Applicant is a unit investment trust created under the laws of
New York and registered under the Act. On September 23, 1993, applicant
filed a notification of registration on Form N-8A under section 8(a) of
the Act and a registration statement on Form N-8B-2 under section 8(b)
of the Act. On the same day, applicant filed a registration statement
on Form S-6 under the Securities Act of 1933 to register an indefinite
number of units of fractional undivided interests (``Units''). The
registration statement became effective and the initial public offering
took place on November 17, 1993.
2. In compliance with the terms of its indenture, applicant
terminated its operations on December 31, 1995. On January 17, 1996,
applicant made a final liquidating distribution of $2,778,121.81, or
$15.1201 per Unit, to unitholders of record as of December 31,
[[Page 43281]]
1995. Each unitholder received, in cash, the net asset value of his or
her interests in applicant.
3. Expenses incurred in connection with the liquidation consisted
of $480 in trustee's fees and expenses, $3,897.66 in brokerage
commissions and $876 in annual tax filing fees. These expenses were
incurred by applicant and reflected as a reduction of the liquidating
distribution. All other expenses, consisting principally of legal fees
and expenses in connection with the deregistration, will be borne by
applicant's depositor. At the time of applicant's liquidation,
applicant had no unamortized organizational expenses.
4. As of the date of the application, applicant had no assets,
liabilities, or unitholders, and was not a party to any litigation or
administrative proceeding. Applicant is not engaged, nor proposes to
engage, in any business activities other than those necessary for the
winding-up of its affairs.
For the SEC, by the Division of Investment Management, under
delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 96-21323 Filed 8-20-96; 8:45 am]
BILLING CODE 8010-01-M
