[Federal Register Volume 66, Number 201 (Wednesday, October 17, 2001)]
[Notices]
[Pages 52831-52832]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-26026]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The OCC, as part of its continuing effort to reduce paperwork 
and respondent burden, invites the general public and other Federal 
agencies to take this opportunity to comment on a continuing 
information collection, as required by the Paperwork Reduction Act of 
1995. The OCC is soliciting comment concerning its information 
collection titled, ``(MA)--Management Official Interlocks--12 CFR 26.'' 
The OCC also gives notice that it has sent the information collection 
to OMB for review and approval.

DATES: You should submit your comments to the OCC and the OMB Desk 
Officer by November 16, 2001.

ADDRESSES: You should direct your comments to:
    Communications Division, Office of the Comptroller of the Currency, 
Public Information Room, Mailstop 1-5, Attention: 1557-0196, 250 E 
Street, SW., Washington, DC 20219. In addition, comments may be sent by 
fax to (202) 874-4448, or by electronic mail to 
[email protected]. You can inspect and photocopy the comments 
at the OCC's Public Information Room, 250 E Street, SW., Washington, DC 
20219. You can make an appointment to inspect the comments by calling 
(202) 874-5043.
    Alexander T. Hunt, OMB Desk Officer, Office of Management and 
Budget, New Executive Office Building, Room 3208, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: You can request additional information 
or a copy of the collection from Jessie Dunaway, OCC Clearance Officer, 
or Camille Dixon, (202) 874-5090, Legislative and Regulatory Activities 
Division, Office of the Comptroller of the Currency, 250 E Street, SW, 
Washington, DC 20219.

SUPPLEMENTARY INFORMATION: The OCC is proposing to extend OMB approval 
of the following information collection:
    Title: (MA)--Management Official Interlocks--12 CFR part 26.
    OMB Number: 1557-0196.
    Description: The OCC is requesting comment on its proposed 
extension, without change, of the information collection titled, 
``(MA)-Management Official Interlocks--12 CFR part 26.''
    Under the Interlocks Act, two competing depository institutions 
generally may not share management officials. However, the OCC has 
legal authority to implement exemptions to this general prohibition. 
This information collection is needed to prevent any management 
official interlock that would result in a monopoly or substantial 
lessening of competition, and to foster competition between 
unaffiliated institutions. The OCC uses the information to ensure that 
a proposed management interlock is permitted under statute, is eligible 
for an exemption, and does not have an anticompetitive effect. The OCC 
also uses the information to determine whether it can share a 
management official with a competing depository institution.
    Type of Review: Extension of OMB approval.
    Affected Public: Businesses or other for-profit (national banks).
    Estimated Number of Respondents: 7.
    Estimated Total Annual Responses: 7.
    Frequency of Response: On occasion.
    Estimated Time per Respondent: 3.66 hours.
    Estimated Total Annual Burden: 29 hours.

[[Page 52832]]

    An agency may not conduct or sponsor, and a respondent is not 
required to respond to, an information collection unless the 
information collection displays a currently valid OMB control number.

    Dated: October 11, 2001
Mark J. Tenhundfeld,
Assistant Director, Legislative and Regulatory Activities Division.
[FR Doc. 01-26026 Filed 10-16-01; 8:45 am]
BILLING CODE 4810-33-P