[Federal Register Volume 64, Number 33 (Friday, February 19, 1999)]
[Notices]
[Page 8415]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-4119]


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SECURITIES AND EXCHANGE COMMISSION


Existing Collection; Comment Request

    Upon Written Request, Copies Available From: Securities and 
Exchange Commission, Office of Filings and Information Services, 450 
Fifth Street, NW, Washington, DC 20549.
    Extension: Rule 24 [17 CFR 250.24], SEC File No. 270-129, OMB 
Control No. 3235-0126
    Notice is hereby given that, pursuant to the Paperwork Reduction 
Act of 1995 (44 U.S.C. 3501, et seq.), the Securities and Exchange 
Commission (``Commission'') is soliciting comments on the collection of 
information summarized below. The Commission plans to submit to the 
Office of management and Budget (``OMB'') a request for an extension of 
the previously OMB approved rule 24 under the Public Utility Holding 
Company Act of 1935 (15 U.S.C. Section 79a et seq.) (``Act'').
    Rule 24 under the Act requires the filing with the Commission of 
certain information indicating that an authorized transaction has been 
carried out in accordance with the terms and conditions of the 
Commission order authorizing the transaction. The Commission needs the 
information under rule 24 to ensure that the terms and conditions of 
its orders are being complied with, and the Commission uses the 
information to ensure appropriate compliance with the Act. The 
respondents are comprised of two groups of entities: (a) registered 
holding companies under the Act and their direct and indirect 
subsidiaries and affiliates; and (b) holding companies exempt from the 
provisions of the Act by rule or order from all provisions of the Act, 
except section 9(a)(2). It is estimated that the total number of 
respondents is 134, and the average number of responses per respondent 
is 2.4 responses annually. The Commission estimates that the total 
annual reporting burden under rule 24 is 636 hours (e.g., 318 filings 
x  2 hours = 636 burden hours).
    These estimates of average burden hours are made solely for the 
purposes of the Paperwork Reduction Act and are not derived from a 
comprehensive or even a representative survey or study of the costs of 
SEC rules and forms. There is no requirement to keep the information in 
the forms confidential because it is public information.
    Written comments are invited on (a) whether the proposed collection 
of information is necessary for the proper performance of the functions 
of the agency, including whether the information will have practical 
utility; (b) the accuracy of the agency's estimate of the burden of the 
collection of information; (c) ways to enhance the quality, utility, 
and clarity of the information collected; and (d) ways to minimize the 
burden of the collection of information on respondents, including 
through the use of automated collection techniques or other forms of 
information technology. Consideration will be given to comments and 
suggestions submitted in writing within 60 days of this publication.
    Please direct your written comments to Michael E. Bartell, 
Associate Executive Director, Securities and Exchange Commission, 450 
5th Street, NW Washington, DC 20549.

    Dated: February 10, 1999.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 99-4119 Filed 2-18-99; 8:45 am]
BILLING CODE 3010-01-M