[Federal Register Volume 68, Number 61 (Monday, March 31, 2003)]
[Notices]
[Pages 15554-15555]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-7560]


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DEPARTMENT OF THE TREASURY


Office of International Investment; Proposed Collection; Comment 
Request

ACTION: Notice and request for comments.

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SUMMARY: The Department of the Treasury, 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 proposed and/or continuing information collections, as required by 
the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 
3506(c)(2)(A)). Currently, the Office of International Investment 
within the Department of the Treasury is soliciting comments concerning 
the information collection provisions of the Regulations Pertaining to 
Mergers, Acquisitions and Takeovers by Foreign Persons, 31 CFR 800.402.

DATES: Written comments should be received on or before May 30, 2003 to 
be assured of consideration.

ADDRESS: Direct all written comments to Gay Sills, Director, Office of 
International Investment, Department of the Treasury, 1500 Pennsylvania 
Ave., NW., 4201NY, Washington, DC. 20220 (Tel.: (202) 622-1860).

FOR FURTHER INFORMATION CONTACT: Jack Dempsey, Economist (Tel.: (202) 
622-1860), Office of International Investment, Department of the 
Treasury, 1500 Pennsylvania Avenue NW., Washington, DC 20220; Francine 
McNulty Barber, Senior Counsel, Department of the Treasury, Room 2010, 
1500 Pennsylvania Ave., NW., Washington, DC 20220, ((202) 622-1947).

SUPPLEMENTARY INFORMATION:
    Title: Regulations Pertaining to Mergers, Acquisitions and 
Takeovers by Foreign Persons.
    OMB Number: 1505-0121.
    Abstract: The information request in this proposed collection is 
contained in section 800.402. The information collected under these 
regulations is used by the Committee on Foreign Investment in the 
United States (CFIUS), an inter-agency committee chaired by the 
Secretary of the Treasury and comprised of the Secretaries of State, 
Defense, Treasury and Commerce, the Attorney General, the U.S. Trade 
Representative. the Director of the Office of Management and Budget, 
the Chairman of the Council of Economic Advisers, and the Assistants to 
the President for National Security, National Economic Policy, and 
Science and Technology. The President has delegated to CFIUS the 
President's authority under section 721 of the Defense Production Act 
to determine the effects on the national security of acquisitions 
proposed or pending after the date of enactment (August 23, 1988) by or 
with foreign persons that could result in foreign control of persons 
engaged in interstate commerce in the United States.
    Current Actions: Extension.
    Type of Review: Extension.
    Affected Public: Foreign businesses and foreign individuals.
    Estimated Number of Responses: 60.
    Estimated Time Per Respondent: This varies, depending on individual 
circumstances, with an average of 60 hours.
    Estimated Total Annual Burden Hours: 3600 hours.
    Requests for Comments: Comments submitted in response to this 
notice will be summarized and/or included in the request for OMB 
approval. All comments will be become a matter of public record. 
Comments are invited on: (a) Whether the collection of information is 
necessary for the proper performance of the functions of the agency, 
including whether the information shall 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 to be collected; (d) ways to minimize the burden of the 
collection of information on respondents, including

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through use of automated collection techniques or other forms of 
information technology; and (e) estimates of capital or start-up costs 
and costs of operation, maintenance, and purchase of services to 
provide information.

    Dated: March 24, 2003.
Francine McNulty Barber,
Senior Counsel, Office of the Assistant General Counsel for 
International Affairs.
[FR Doc. 03-7560 Filed 3-28-03; 8:45 am]
BILLING CODE 4810-25-P