[Federal Register Volume 60, Number 105 (Thursday, June 1, 1995)]
[Notices]
[Page 28593]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-13382]



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DEPARTMENT OF ENERGY


Conduct of Employees

    Notice of Waiver Pursuant to section 602(c) of the Department of 
Energy Organization Act (Pub. L. 95-91)
    Section 602(a) of the Department of Energy (``DOE'') Organization 
Act (Pub. L. 95-91, hereinafter referred to as the ``Act'') prohibits a 
``supervisory employee'' (defined in section 601(a) of the Act) of the 
Department from knowingly receiving compensation from, holding any 
official relation with, or having any pecuniary interest in any 
``energy concern'' (defined in section 601(b) of the Act).
    Section 602(c) of the Act authorizes the Secretary of Energy to 
waive the requirements of section 602(a) in cases where exceptional 
hardship would result, where the interest is a pension, interest or 
other similarly vested interest, or where the waiver is in the 
Department's interest and the asset is placed in a qualified trust that 
is created in accordance with regulations promulgated by the Office of 
Government Ethics.
    Dr. Alexander MacLachlan is serving as Deputy Under Secretary for 
Technology Partnerships and Economic Competitiveness. As a result of 
his past employment with du Pont (E.I.) de Nemours and Company 
(DuPont), Dr. MacLachlan has a vested pension interest in the DuPont 
Pension and Retirement Plan within the meaning of section 602(c) of the 
Act. Dr. MacLachlan also participates in the DuPont Stock Performance 
Plan and the DuPont Savings and Investment Plan. I have determined that 
requiring Dr. MacLachlan to terminate his interest in these plans would 
be an exceptional hardship. He also owns stock in 11 energy concerns: 
Bethlehem Steel Corp., Burlington Resources Inc., The Coastal Corp., 
Delmarva Power & Light Co., E. I. du Pont de Nemours and Company, 
General Electric Co., GTE Corp., Halliburton Co., IMC Fertilizer Group, 
Inc., USX-US Steel Group, and Weyerhaeuser Co. I have determined that 
requiring Dr. MacLachlan to sell this stock would be an exceptional 
hardship. Therefore, I have granted Dr. MacLachlan a waiver of the 
divestiture requirement of section 602(a) of the Act with respect to 
the interests described above for the duration of his service as a 
supervisory employee to the Department.
    In accordance with section 208, title 18, United States Code, Dr. 
MacLachlan has been directed not to participate personally and 
substantially, as a Government employee, in any particular matter the 
outcome of which could have a direct and predictable effect upon DuPont 
or any of the other entities listed above, unless his appointing 
official determines that his financial interest in the particular 
matter are not so substantial as to be deemed likely to affect the 
integrity of the services which the Government may expect from Dr. 
MacLachlan.

    Dated: May 10, 1995.
Hazel R. O'Leary,
Secretary of Energy.
[FR Doc. 95-13382 Filed 5-31-95; 8:45 am]
BILLING CODE 6450-01-P