[Federal Register Volume 62, Number 200 (Thursday, October 16, 1997)]
[Rules and Regulations]
[Page 53733]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-27276]


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FEDERAL RESERVE SYSTEM

12 CFR Part 213

[Regulation M; Docket Nos. R-0892, R-0952, and R-0961]


Consumer Leasing; Delay of Compliance Date; Correction

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Final rule; delay of compliance date; correction.

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SUMMARY: This document corrects the preamble to the document published 
in the Federal Register on September 30, 1997 (62 FR 51006), regarding 
the delay of the mandatory compliance date for Regulation M, which 
implements the Consumer Leasing Act. This correction clarifies that the 
delay of the mandatory compliance date for the revised regulation 
applies not only to the final rule published in the Federal Register in 
October 1996, but also to an amendment published on April 1, 1997 (62 
FR 15364), and the official staff commentary published on April 4, 1997 
(62 FR 16053).

DATES: The date for mandatory compliance with the final rule published 
on October 7, 1996 (61 FR 52246), an amendment published on April 1, 
1997 (62 FR 15364), and the official staff commentary published on 
April 4, 1997 (62 FR 16053), is delayed until January 1, 1998.

FOR FURTHER INFORMATION CONTACT: Kyung H. Cho-Miller or Obrea O. 
Poindexter, Staff Attorneys, Division of Consumer and Community 
Affairs, Board of Governors of the Federal Reserve System, Washington, 
DC 20551, at (202) 452-2412 or 452-3667. For users of 
Telecommunications Devices for the Deaf (TDDs), please contact Diane 
Jenkins at (202) 452-3544.

Correction

    In the Board document for Docket R-0892 published on September 30, 
1997, beginning on page 51006 in the Federal Register, the Dates 
section is corrected to read:

    Dates: The date for mandatory compliance with the final rule 
published on October 7, 1996 (61 FR 52246), an amendment published 
on April 1, 1997 (62 FR 15364), and the official staff commentary 
published on April 4, 1997 (62 FR 16053), is delayed until January 
1, 1998.

    By order of the Board of Governors of the Federal Reserve 
System, acting through the Secretary of the Board under delegated 
authority, October 8, 1997.
William W. Wiles,
Secretary of the Board.
[FR Doc. 97-27276 Filed 10-15-97; 8:45 am]
BILLING CODE 6210-01-P