[Federal Register Volume 61, Number 35 (Wednesday, February 21, 1996)]
[Rules and Regulations]
[Pages 6506-6507]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-3744]



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AFRICAN DEVELOPMENT FOUNDATION

22 CFR Part 1504


Repeal of Superseded Regulations Covering Standards of Ethical 
Conduct for Employees of the African Development Foundation

AGENCY: African Development Foundation (``Foundation'').

ACTION: Final rule.

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[[Page 6507]]


SUMMARY: The African Development Foundation is repealing its old 
conduct regulations for employees of the Foundation, which were 
superseded by the executive branch-wide Standards of Ethical Conduct 
and financial disclosure regulations. The Foundation is also issuing a 
residual cross-reference to the new provisions.

EFFECTIVE DATE: February 21, 1996.

FOR FURTHER INFORMATION CONTACT: Paul Magid, Designated Agency Ethics 
Official, or Tom Wilson, Alternate Designated Agency Ethics Official, 
African Development Foundation, 1400 Eye Street, N.W., 10th Floor, 
Washington, D.C. 20005. Telephone: (202) 673-3916.

SUPPLEMENTARY INFORMATION:

I. Background

    On August 7, 1992, the Office of Government Ethics published a 
final rule entitled ``Standards of Ethical Conduct for Employees of the 
Executive Branch'' (Standards). See 57 FR 35006-35067, as corrected at 
57 FR 48557 and 57 FR 52583, with additional grace period extensions 
for certain existing agency Standards of Conduct at 59 FR 4779-4780 and 
60 FR 6390-6391. The Standards, codified at 5 CFR part 2635 and 
effective February 3, 1993, establish uniform standards of ethical 
conduct that apply to all executive branch personnel.
    By this notice, the Foundation is repealing its old conduct 
regulations at 22 CFR part 1504 which have been superseded by the 
Standards found at 5 CFR part 2635 and by the OGE regulations at 5 CFR 
part 2634, Executive Branch Financial Disclosure, Qualified Trusts, and 
Certificates of Divestiture.

II. Repeal of Foundation Employee Responsibilities and Conduct 
Regulations

    Because the Foundation's regulations on Employees Responsibilities 
and Conduct have been superseded by the newer executive branch 
standards of ethical conduct and financial disclosure regulations, 5 
CFR parts 2634 and 2635, on the effective date of the final rule, the 
Foundation is repealing all of existing 22 CFR part 1504. To ensure 
that Foundation employees are on notice of the ethical standards and 
financial disclosure requirements to which they are subject, the 
Foundation is replacing old part 1504 with a new 5 CFR 1504.1 which 
cross-references 5 CFR parts 2634 and 2635.

III. Matters of Regulatory Procedure

Administrative Procedure Act

    In accordance with the Administrative Procedure Act (5 U.S.C. 553 
(b) and (d)(3)), the Foundation has found that good cause exists for 
waiving as unnecessary and contrary to the public interest, the general 
notice of proposed rulemaking and the 30-day delay in effectiveness as 
to the rules and repeals. Public comment is unnecessary because these 
regulations merely revoke existing regulations which have been 
superseded in accordance with previously issued government-wide 
regulations. In addition, since these regulations relate to agency 
management and personnel they are exempt from notice and comment under 
5 U.S.C. 553(a)(2).

Executive Order 12866

    In promulgating this final rule the Foundation has adhered to the 
regulatory philosophy and the applicable principles of regulation set 
forth at section 1 of Executive Order 12866, Regulatory Planning and 
Review. This final rule deals with Foundation organization, management 
and personnel matters and is therefore, not deemed ``significant'' 
under Executive Order 12866.

Regulatory Flexibility Act

    The Foundation has determined under the Regulatory Flexibility Act 
(5 U.S.C. 601 et seq.) that these regulations will not have a 
significant impact on small business entities because they affect only 
Foundation employees.

Paperwork Reduction Act

    The Foundation has determined that the Paperwork Reduction Act (44 
U.S.C. chapter 35) does not apply because these regulations do not 
contain any information collection requirements that require the 
approval of the Office of Management and Budget.

List of Subjects in 22 CFR Part 1504

    Conflict of interests, Government employees.

    Dated: February 13, 1995.
Paul Magid,
General Counsel, African Development Foundation.
    For the reasons set forth in the preamble, the African Development 
Foundation is revising 22 CFR part 1504 to read as follows:

PART 1504--EMPLOYEE RESPONSIBILITIES AND CONDUCT


Sec. 1504.1  Cross-references to employee ethical conduct standards and 
financial disclosure regulations.

    Directors and other employees of the African Development Foundation 
are subject to the Standards of Ethical Conduct for Employees of the 
Executive Branch at 5 CFR part 2635, and the executive branch financial 
disclosure regulations at 5 CFR part 2634.

    Authority: 5 U.S.C. 7301.

[FR Doc. 96-3744 Filed 2-20-96; 8:45 am]
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