[Federal Register Volume 70, Number 145 (Friday, July 29, 2005)]
[Notices]
[Pages 43909-43910]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E5-4068]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 1-09912]


Issuer Delisting; Notice of Application of NOVA Gas Transmission 
Ltd. To Withdraw Its 7\7/8\% Debentures (due April 1, 2023), From 
Listing and Registration on the New York Stock Exchange, Inc.

July 25, 2005.
    On June 29, 2005, NOVA Gas Transmission Ltd., a company organized 
in Alberta, Canada (``Issuer''), filed an application with the 
Securities and Exchange Commission (``Commission''), pursuant to 
Section 12(d) of the Securities Exchange Act of 1934 (``Act'') \1\ and 
Rule 12d2-2(d) thereunder,\2\ to withdraw its 7\7/8\% debentures (due 
April 1, 2023) (``Security''), from listing and

[[Page 43910]]

registration on the New York Stock Exchange, Inc. (``NYSE'').
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    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
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    The Board of Directors (``Board'') of the Issuer unanimously 
approved resolutions on June 3, 2005, to withdraw the Security from 
listing and registration on NYSE. The Issuer stated the following 
reasons factored into the Board's decision to withdraw the Security 
from NYSE: (1) The fact that the Issuer has a limited number of 
security holders of record for the Security; (2) the limited volume of 
trading in the Security; and (3) the costs associated with maintaining 
the Issuer's status as a NYSE-listed Issuer, which obligations the 
Issuer could suspend immediately absent the listing of the Security. In 
this regard, the Board took into account that the Security had fewer 
than 25 holders of record.
    The Issuer stated in its application that it has complied with 
NYSE's rules governing an issuer's voluntary withdrawal of a security 
from listing and registration by providing NYSE with the required 
documents governing the removal of securities from listing and 
registration on NYSE.
    The Issuer's application relates solely to the withdrawal of the 
Securities from listing on the NYSE and from registration under Section 
12(b) of the Act,\3\ and shall not affect its obligation to be 
registered under Section 12(g) of the Act.\4\
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    \3\ 15 U.S.C. 78l(b).
    \4\ 15 U.S.C. 78l(g).
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    Any interested person may, on or before August 18, 2005, comment on 
the facts bearing upon whether the application has been made in 
accordance with the rules of NYSE, and what terms, if any, should be 
imposed by the Commission for the protection of investors. All comment 
letters may be submitted by either of the following methods:

Electronic Comments

     Use the Commission's Internet comment form (http://www.sec.gov/rules/delist.shtml); or
     Send an e-mail to [email protected]. Please include 
the File Number 1-09912; or

Paper Comments

     Send paper comments in triplicate to Jonathan G. Katz, 
Secretary, Securities and Exchange Commission, 100 F Street, NE., 
Washington, DC 20549-9303.

All submissions should refer to File Number 1-09912. This file number 
should be included on the subject line if e-mail is used. To help us 
process and review your comments more efficiently, please use only one 
method. The Commission will post all comments on the Commission's 
Internet Web site (http://www.sec.gov/rules/delist.shtml). Comments are 
also available for public inspection and copying in the Commission's 
Public Reference Room. All comments received will be posted without 
change; we do not edit personal identifying information from 
submissions. You should submit only information that you wish to make 
available publicly.
    The Commission, based on the information submitted to it, will 
issue an order granting the application after the date mentioned above, 
unless the Commission determines to order a hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\5\
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    \5\ 17 CFR 200.30-3(a)(1).
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Jonathan G. Katz,
Secretary.
[FR Doc. E5-4068 Filed 7-28-05; 8:45 am]
BILLING CODE 8010-01-P