[Federal Register Volume 68, Number 150 (Tuesday, August 5, 2003)]
[Notices]
[Pages 46251-46252]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-19891]


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SECURITIES AND EXCHANGE COMMISSION


Proposed Collection; Comment Request

Upon Written Request; Copies Available From: Securities and Exchange 
Commission, Office of Filings and Information Services, Washington, DC 
20549

Extension:
    Form T-1, OMB Control No. 3235-0110, SEC File No. 270-121
    Form T-2, OMB Control No. 3235-0111, SEC File No. 270-122
    Form T-3, OMB Control No. 3235-0105, SEC File No. 270-123
    Form T-4, OMB Control No. 3235-0107, SEC File No. 270-124

    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 collections of 
information summarized below. The Commission plans to submit these 
existing collections of information to the Office of Management and 
Budget for approval.
    Form T-1 (OMB 3235-0110; SEC File No. 270-121) is a statement of 
eligibility and qualification under the Trust Indenture Act of 1939 of 
a corporation designated to act as a trustee. The information is used 
to determine whether the trustee is qualified to serve under the 
indenture. Form T-1 takes approximately 15 hours to prepare and is 
filed by 13 respondents. It is estimated that 25% of the 195 total 
burden hours (49 hours) is prepared by the company. The remaining 75% 
of the burden hours is attributed to outside cost.
    Form T-2 (OMB 3235-0111; SEC File No. 270-122) is a statement of 
eligibility of an individual trustee to serve under an indenture 
relating to debt securities offered publicly. The information is used 
to determine whether the trustee is qualified to serve under the 
indenture. Form T-2 takes approximately 9 hours to prepare and is filed 
by 36 respondents. It is estimated that 25% of the 324 total burden 
hours (81 hours) is prepared by the filer. The remaining 75% of the 
burden hours is attributed to outside cost.
    Form T-3 (OMB 3235-0105; SEC File No. 270-123) is an application 
for qualification of an indenture under the Trust Indenture Act of 
1939. The information provided by Form T-3 is used by the staff to 
decide whether to qualify an indenture relating to securities offered 
to the public in an offering registered under the Securities Act of 
1933. Form T-3 takes approximately 43 hours to prepare and is filed by 
78 respondents. It is estimated that 25% of the 3,354 total burden 
hours (838.5 hours) is prepared by the filer. The remaining 75% of the 
burden hours is attributed to outside cost.
    Form T-4 (OMB 3235-0107; SEC File No. 270-124) is used to apply for 
an exemption pursuant to Section 304(c) of the Trust Indenture Act of 
1939 and is transmitted to shareholders. Form T-4 takes approximately 5 
hours to prepare and is filed by 3 respondents. It is estimated that 
25% of the 15 burden hours (4 hours) is prepared by the filer. The 
remaining 75% of the burden hours is attributed to outside cost.
    Written comments are invited on: (a) Whether these proposed 
collections of information are necessary for the 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 comment to Kenneth A. Fogash, Acting 
Associate Executive Director/CIO, Office of Information Technology, 
Securities and Exchange Commission, 450 Fifth Street, NW, Washington, 
DC 20549.


[[Page 46252]]


    Dated: July 30, 2003.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 03-19891 Filed 8-4-03; 8:45 am]
BILLING CODE 8010-01-P