Senior Executive Service; Appointment of a Member to the Performance Review Board, 49305 [05-16678]
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Federal Register / Vol. 70, No. 162 / Tuesday, August 23, 2005 / Notices
requirements. The following sections
describe who uses the information
collected under each requirement, as
well as how they use it. The purpose
these requirements is to reduce
employees’ risk of death or serious
injury by ensuring that forging machines
used by them are in safe operating
condition, and that they are able to
clearly and properly identify manually
operated valves and switches.
Inspection of Forging Machines,
Guards, and Point-of-Operation
Protection Devices (paragraphs (a)(2)(i)
and (a)(2)(ii)). Paragraph (a)(2)(i)
requires employers to establish periodic
and regular maintenance safety checks,
and to develop and keep a certification
record of each inspection. The
certification record must include the
date of inspection, the signature of the
person who performed the inspection,
and the serial number (or other
identifier) of the forging machine
inspected. Under paragraph (a)(2)(ii),
employers are to schedule regular and
frequent inspections of guards and
point-of-operation protection devices,
and prepare a certification record of
each inspection that contains the date of
the inspection, the signature of the
person who performed the inspection,
and the serial number (or other
identifier) of the equipment inspected.
These inspection certification records
provide assurance to employers,
employees, and OSHA compliance
officers that forging machines, guards,
and point-of-operation protection
devices have been inspected, assuring
that they will operate properly and
safely, thereby preventing impact injury
and death to employees during forging
operations. These records also provide
the most efficient means for the
compliance officers to determine that an
employer is complying with the
Standard.
Identification of Manually Controlled
Valves and Switches (paragraphs (c),
(h)(3), (i)(1) and (i)(2)). These
paragraphs require proper and clear
identification of manually operated
valves and switches on presses,
upsetters, boltheading equipment, and
rivet-making machines, respectively.
Marking valves and switches provide
information to employees to ensure that
they operate the forging machines
correctly and safely.
Darrin A. King,
Acting Departmental Clearance Officer.
[FR Doc. 05–16679 Filed 8–22–05; 8:45 am]
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DEPARTMENT OF LABOR
Office of the Secretary
Senior Executive Service; Appointment
of a Member to the Performance
Review Board
Title 5 U.S.C. 4314(c)(4) provides that
Notice of the Appointment of an
individual to serve as a member of the
Performance Review Board of the Senior
Executive Service shall be published in
the Federal Register.
The following individuals are hereby
appointed to a three-year term on the
Department’s Performance Review
Board: John McWilliam; Felix Quintana;
Corlis Sellers.
FOR FURTHER INFORMATION CONTACT: Ms.
Anne Bartels, Director, Office of
Executive Resources and Personnel
Security, Room C5508, U.S. Department
of Labor, Frances Perkins Building, 200
Constitution Avenue, NW., Washington,
DC 20210, telephone: (202) 693–7628.
Signed at Washington, DC, this 16th day of
August, 2005.
Elaine L. Chao,
Secretary of Labor.
[FR Doc. 05–16678 Filed 8–22–05; 8:45 am]
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DEPARTMENT OF LABOR
Employee Benefits Security
Administration
[Application Number D–11047]
Amendment to Prohibited Transaction
Exemption (PTE) 84–14 for Plan Asset
Transactions Determined by
Independent Qualified Professional
Asset Managers
Employee Benefits Security
Administration.
ACTION: Adoption of amendment to PTE
84–14.
AGENCY:
SUMMARY: This document amends PTE
84–14, a class exemption that permits
various parties that are related to
employee benefit plans to engage in
transactions involving plan assets if,
among other conditions, the assets are
managed by ‘‘qualified professional
asset managers’’ (QPAMs), which are
independent of the parties in interest
and which meet specified financial
standards. Additional exemptive relief
is provided for employers to furnish
limited amounts of goods and services
to a managed fund in the ordinary
course of business. Limited relief is also
provided for leases of office or
commercial space between managed
funds and QPAMs or contributing
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49305
employers. Finally, relief is provided for
transactions involving places of public
accommodation owned by a managed
fund. The amendment affects
participants and beneficiaries of
employee benefit plans, the sponsoring
employers of such plans, and other
persons engaging in the described
transactions.
DATES: Except where otherwise
indicated herein, the amendment is
effective August 23, 2005.
FOR FURTHER INFORMATION CONTACT:
Christopher J. Motta or Karen E. Lloyd,
Office of Exemption Determinations,
Employee Benefits Security
Administration, U.S. Department of
Labor, Room N–5649, 200 Constitution
Avenue, NW., Washington, DC 20210,
(202) 693–8540 (not a toll-free number).
SUPPLEMENTARY INFORMATION: On
September 3, 2003, a notice was
published in the Federal Register (68
FR 52419) of the pendency before the
Department of Labor (the Department) of
a proposed amendment to PTE 84–14
(49 FR 9494, March 13, 1984, as
corrected at 50 FR 41430, October 10,
1985). PTE 84–14 provides an
exemption from certain of the
restrictions of section 406 of ERISA, and
from certain taxes imposed by section
4975(a) and (b) of the Code, by reason
of section 4975(c)(1) of the Code. The
Department proposed to amend to PTE
84–14 on its own motion, pursuant to
section 408(a) of ERISA and section
4975(c)(2) of the Code, and in
accordance with the procedures set
forth in 29 CFR part 2570, subpart B (55
FR 32836, 32847, August 10, 1990).1
The notice of pendency gave
interested persons an opportunity to
comment on the proposed exemption.
The Department received six comment
letters. In general, the commenters
expressed support for the proposed
amendments. Upon consideration of all
the comments received, the Department
has determined to grant the proposed
amendment, subject to certain
modifications. These modifications and
the major comments are discussed
below.
Executive Order 12866 Statement
Under Executive Order 12866, the
Department must determine whether the
regulatory action is ‘‘significant’’ and
therefore subject to the requirements of
1 Section 102 of the Reorganization Plan No. 4 of
1978, 5 U.S.C. App. 1 (1996), generally transferred
the authority of the Secretary of Treasury to issue
administrative exemptions under section 4975(c)(2)
of the Code to the Secretary of Labor.
For purposes of this exemption, references to
specific provisions of Title I of the Act, unless
otherwise specified, refer also to the corresponding
provisions of the Code.
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[Federal Register Volume 70, Number 162 (Tuesday, August 23, 2005)]
[Notices]
[Page 49305]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-16678]
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DEPARTMENT OF LABOR
Office of the Secretary
Senior Executive Service; Appointment of a Member to the
Performance Review Board
Title 5 U.S.C. 4314(c)(4) provides that Notice of the Appointment
of an individual to serve as a member of the Performance Review Board
of the Senior Executive Service shall be published in the Federal
Register.
The following individuals are hereby appointed to a three-year term
on the Department's Performance Review Board: John McWilliam; Felix
Quintana; Corlis Sellers.
FOR FURTHER INFORMATION CONTACT: Ms. Anne Bartels, Director, Office of
Executive Resources and Personnel Security, Room C5508, U.S. Department
of Labor, Frances Perkins Building, 200 Constitution Avenue, NW.,
Washington, DC 20210, telephone: (202) 693-7628.
Signed at Washington, DC, this 16th day of August, 2005.
Elaine L. Chao,
Secretary of Labor.
[FR Doc. 05-16678 Filed 8-22-05; 8:45 am]
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