[Federal Register Volume 68, Number 40 (Friday, February 28, 2003)]
[Rules and Regulations]
[Pages 9532-9533]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-4546]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9021]
RIN 1545-AX68


Loans From a Qualified Employer Plan to Plan Participants or 
Beneficiaries; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Corrections to final regulations.

-----------------------------------------------------------------------

SUMMARY: This document contains corrections to final regulations that 
were published in the Federal Register on Tuesday, December 3, 2002 (67 
FR 71821). This document contains final regulations relating to loans 
made from a qualified employer plan to plan participants or 
beneficiaries.

DATES: This correction is effective December 3, 2002.

FOR FURTHER INFORMATION CONTACT: Vernon S. Carter (202) 622-6060 (not a 
toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The final regulations that are the subject of this corrections are 
under section 72 of Internal Revenue Code.

Need for Correction

    As published, the final regulations (TD 9021) contains errors that 
may prove to be misleading and are in need of clarification.

Correction of Publication

    Accordingly, the publication of the final regulations (TD 9021), 
which is the subject of FR. Doc. 02-29204, is corrected as follows:


Sec.  1.72(p)-1  [Corrected]

    1. On page 71825, column 1, Sec.  1.72(p)-1, A-19, paragraph (a), 
last 2 lines in the paragraph, the language ``of the Internal Revenue 
Code. See Q&A 16 of this section'', is corrected to read ``of the 
Internal Revenue Code. See Q&A-11 through Q&A-16 of this section''.
    2. On page 71825, column 3, Sec.  1.72(p)-1, A-20, paragraph 
(a)(2), lines 4 and 5, the language ``section (including paragraph 
(a)(3) of this Q&A 20 and the amount limitations'', is

[[Page 9533]]

corrected to read ``section (including the amount limitations''.
    3. On page 71825, column 3, Sec.  1.72(p)-1, A-20, paragraph 
(a)(2), the last line of the paragraph, the language ``replaced 
loan.'', is corrected to read ``replacement loan.''.

Cynthia E. Grigsby,
Chief, Regulations Unit, Associate Chief Counsel (Procedure and 
Administration).
[FR Doc. 03-4546 Filed 2-27-03; 8:45 am]
BILLING CODE 4830-01-P