[Federal Register Volume 63, Number 152 (Friday, August 7, 1998)]
[Rules and Regulations]
[Page 42201]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-21020]



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 Rules and Regulations
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  Federal Register / Vol. 63, No. 152 / Friday, August 7, 1998 / Rules 
and Regulations  

[[Page 42201]]


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UNITED STATES ENRICHMENT CORPORATION

10 CFR Part 1101


Removal of Obsolete Sunshine Act Regulations

AGENCY: United States Enrichment Corporation.

ACTION: Final rule.

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SUMMARY: The United States Enrichment Corporation (USEC) is removing 
from the Code of Federal Regulations obsolete regulations under the 
Government in the Sunshine Act because the USEC is being privatized and 
will become a state chartered corporation under the USEC Privatization 
Act.

EFFECTIVE DATE: July 28, 1998.

ADDRESSES: 2 Democracy Center, 6903 Rockledge Drive, Bethesda, Maryland 
20817.

FOR FURTHER INFORMATION CONTACT:
Elizabeth Stuckle, (301) 564-3399.

SUPPLEMENTARY INFORMATION: Pursuant to the authority of the Energy 
Policy Act of 1992 (Pub. L. 102-486, 106 Stat. 2776, 42 U.S.C. 2297 et 
seq.) and the USEC Privatization Act, (42 U.S.C. 2297h et seq.), the 
privatization of USEC is to be completed on July 28, 1998 (the 
``Privatization Date''). On the Privatization Date, the assets and the 
obligations of USEC are transferred to a state chartered corporation 
and the interest of the United States in USEC is transferred to the 
private sector. Pursuant to 42 U.S.C. 2297h-3(b), the state chartered 
corporation that succeeds to the interests of USEC as of the 
Privatization Date is not an agency, instrumentality or establishment 
of the United States, as Government corporation or a Government-
controlled corporation. Because the statutory basis for the regulations 
at 10 CFR Part 1101 will be eliminated, we remove those regulations 
effective as of the privatization. Because the statutory basis for the 
regulations ceases in its entirety upon the privatization date of USEC, 
it is for good cause shown that this final rule be published without 
notice and without publication of a proposed rule.

List of Subjects in 10 CFR Part 1101

    Sunshine Act.

    Decided: July 28, 1998.
Robert J. Moore,
General Counsel.

PART 1101--REMOVED

    For the reasons set forth in the premable and under the authority 
of 42 U.S.C. 2297 et seq., title 10 of the Code of Federal Regulations 
is amended by removing Part 1101.

[FR Doc. 98-21020 Filed 8-6-98; 8:45 am]
BILLING CODE 8270-01-M