[Federal Register Volume 69, Number 200 (Monday, October 18, 2004)]
[Notices]
[Pages 61420-61421]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E4-2662]


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SECURITIES AND EXCHANGE COMMISSION


Submission for OMB Review; Comment Request

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

Extension:
    Rule 53, SEC File No. 270-376, OMB Control No. 3235-0426; Rule 
57 and Form U-33-S, SEC File No. 270-376, OMB Control No. 3235-0429.

    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'') has submitted to the Office of Management 
and Budget (``OMB'') a request for extension of the previously approved 
collections of information discussed below.
    Sections 32 and 33 of the Public Utility Holding Company Act of 
1935, as amended (``Act''), and rules 53, 54, and 57(b) under the Act, 
permit, among other things, utility holding companies registered under 
the Act to make direct or indirect investments in exempt wholesale 
generators (``EWGs'') and foreign utility companies (``FUCOs''), as 
defined in sections 32 and 33 of the Act, respectively, without the 
prior approval of the Commission, if certain conditions are met. Rules 
53 and 54 do not create a reporting burden for respondents. These rules 
do, however, contain recordkeeping and retention requirements. As 
required by Congress, the Commission mandates the maintenance of 
certain books and records identifying investments in and earnings from 
all subsidiary EWGs or FUCOs in order to measure their financial effect 
on the registered systems.
    The Commission estimates that the total annual recordkeeping and 
record retention burden under rules 53 will be a total of 290 hours (10 
hours per respondent x 29 respondents = 290 burden hours). It is 
estimated that there will be no burden hours associated with rule 54.
    Under rule 57(b) there is an annual requirement for any public 
utility company that owns one or more FUCOs to file Form U-33-S. The 
information contained in Form U-33-S allows the Commission to monitor 
overseas investments by public utility companies.
    The Commission estimates that the total annual reporting burden 
under rule 57(b) will be 18 hours (3 hours per respondent x 6 filings = 
18 hours).
    These estimates of average burden hours are made solely for the 
purposes of the Paperwork Reduction Act and are not derived from a 
comprehensive or even a representative survey or study of the costs of 
SEC rules and forms.
    Rules 53, 54, 57(b) each impose a mandatory recordkeeping 
requirement of this information collection. It is mandatory that 
qualifying companies provide the information required by rules 53, 54 
and 57(b). There is no requirement to keep the information confidential 
because it is public information.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless it displays a 
currently valid control number.
    General comments regarding the above information should be directed 
to the following persons: (i) Desk Officer for the Securities and 
Exchange Commission, Office of Information and Regulatory Affairs, 
Office of Management and Budget, Room 10102, New Executive Office 
Building, Washington, DC 20503, or e-mail to: [email protected]; and (ii) R. Corey Booth, Director/Chief 
Information Officer, Office of Information Technology, Securities and 
Exchange Commission, 450 5th Street, NW., Washington, DC 20549. 
Comments must be submitted to OMB within 30 days of this notice.


[[Page 61421]]


    Dated: October 8, 2004.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. E4-2662 Filed 10-15-04; 8:45 am]
BILLING CODE 8010-01-P