[Federal Register Volume 64, Number 117 (Friday, June 18, 1999)]
[Rules and Regulations]
[Pages 32805-32806]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-15502]


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OVERSEAS PRIVATE INVESTMENT CORPORATION

22 CFR Chapter VII


Abolishment of the U.S. International Development Cooperation 
Agency and Revision of Code of Federal Regulations Chapter Heading

AGENCY: Overseas Private Investment Corporation.

ACTION: Final rule.

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SUMMARY: The Overseas Private Investment Corporation (``OPIC'') is 
amending its chapter in the Code of Federal Regulations (``CFR'') to 
delete the reference to the U.S. International Development Cooperation 
Agency (``IDCA''). Under the provisions of the Foreign Affairs Reform 
and Restructuring Act of 1998, IDCA was abolished, effective April 1, 
1999.

DATES: Effective June 18, 1999.

FOR FURTHER INFORMATION CONTACT: Eli Landy, Legal Affairs Department, 
202-336-8418, [email protected].

SUPPLEMENTARY INFORMATION: Under the provisions of the Foreign Affairs 
Reform and Restructuring Act of 1998, as contained in Public Law 105-
277, IDCA was abolished, effective April 1, 1999.
    The abolition of IDCA does not affect the status and validity of 
OPIC regulations, directives, rulings, policies; they continue in 
effect.
    This is a procedural rule exempt from notice and comment under 5 
U.S.C. 533(b)(3)(a). This rule is not a significant rule for purposes 
of Executive Order 12866 and has not been reviewed by the Office of 
Management and Budget. This rule does not have a significant impact on 
small business entities under the Regulatory Flexibility Act.
    For the reasons set forth in the preamble and under the authority 
of 22 U.S.C. 2191, revise the heading of

[[Page 32806]]

chapter VII of title 22 of the Code of Federal Regulations to read as 
follows:

CHAPTER VII--OVERSEAS PRIVATE INVESTMENT CORPORATION

Charles D. Toy,
Vice President and General Counsel.
[FR Doc. 99-15502 Filed 6-17-99; 8:45 am]
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