[Federal Register Volume 62, Number 82 (Tuesday, April 29, 1997)]
[Rules and Regulations]
[Pages 23127-23128]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-11026]



5 CFR Part 2640

RIN 3209-AA09

Interpretation, Exemptions and Waiver Guidance Concerning 18 
U.S.C. 208 (Acts Affecting a Personal Financial Interest)

AGENCY: Office of Government Ethics (OGE).

ACTION: Final rule; correcting amendment.


SUMMARY: The Office of Government Ethics is correcting a minor error in 
its final personal financial interests regulation.

EFFECTIVE DATE: January 17, 1997.

FOR FURTHER INFORMATION CONTACT: William E. Gressman, Associate General 
Counsel, Office of Government Ethics, Suite 500, 1201 New York Avenue, 
NW., Washington, DC 20005-3917; telephone: 202-208-8000; TDD: 202-208-
8025; FAX: 202-208-8037.

SUPPLEMENTARY INFORMATION: On December 18, 1996, OGE published its 
executive branchwide final regulation on interpretation, exemptions 
and waiver guidance concerning 18 U.S.C. 208 (acts affecting a 
personal financial interest). See 61 FR 66830-66851 (part III), as 
corrected at 62 FR 1361 (January 9, 1997), and now codified at 5 
CFR part 2640. In the December 1996 final rule preamble, at 61 FR 
66837, OGE indicated that in response to an agency comment it had 
determined to delete the word ``vested'' in a passage of 
Sec. 2640.203(a) referring to pension plans as set forth in the 
prior proposed rule text. However, in the regulatory text of that 
section of the final rule, as issued at 61 FR 66847, OGE 
inadvertently did not delete the word ``vested''. This amendatory 
document corrects that oversight by removing the word ``vested'' 
from that section of the regulation.

Executive Order 12866

    In promulgating this final rule correcting amendment, the Office of 
Government Ethics has adhered to the regulatory philosophy and the 
applicable principles of regulation set forth in section 1 of Executive 
Order 12866, Regulatory Planning and Review. This amendment has not 
been reviewed

[[Page 23128]]

by the Office of Management and Budget under that Executive order, as 
it is not deemed ``significant'' thereunder.

Regulatory Flexibility Act

    As Director of the Office of Government Ethics, I certify under the 
Regulatory Flexibility Act (5 U.S.C. chapter 6) that this final rule 
correction will not have a significant economic impact on a substantial 
number of small entities because it primarily affects Federal executive 
branch employees.

Paperwork Reduction Act

    The Paperwork Reduction Act (44 U.S.C. chapter 35) does not apply 
because this correcting amendment does not contain information 
collection requirements that require the approval of the Office of 
Management and Budget.

List of Subjects in 5 CFR Part 2640

    Conflict of interests, Government employees.

    Approved: April 23, 1997.
Stephen D. Potts,
Director, Office of Government Ethics.

    Accordingly, for the reasons set forth in the preamble, the Office 
of Government Ethics is correcting 5 CFR part 2640 as follows:


    1. The authority citation for part 2640 continues to read as 

    Authority: 5 U.S.C. App. (Ethics in Government Act of 1978); 18 
U.S.C. 208; E.O. 12674, 54 FR 15159, 3 CFR, 1989 Comp., p. 215, as 
modified by E.O. 12731, 55 FR 42547, 3 CFR, 1990 Comp., p. 306.

Sec. 2640.203(a)(2)  [Corrected]

    2. Section 2640.203(a)(2) is corrected by removing the word 
``vested'' from between the words ``a'' and ``pension''.

[FR Doc. 97-11026 Filed 4-28-97; 8:45 am]