Golden Parachute and Indemnification Payments, 25743 [06-4095]

Download as PDF Federal Register / Vol. 71, No. 84 / Tuesday, May 2, 2006 / Rules and Regulations by NRC. Vendors with cask designs already listed may be adversely impacted because power reactor licensees may choose a newly listed design over an existing one. However, the NRC is required by its regulations and NWPA direction to certify and list approved casks. This rule has no significant identifiable impact or benefit on other Government agencies. Based on the above discussion of the benefits and impacts of the alternatives, the NRC concludes that the requirements of the final rule are commensurate with the Commission’s responsibilities for public health and safety and the common defense and security. No other available alternative is believed to be as satisfactory, and thus, this action is recommended. Regulatory Flexibility Certification Under the Regulatory Flexibility Act of 1980 (5 U.S.C. 605(b)), the NRC certifies that this rule will not, if issued, have a significant economic impact on a substantial number of small entities. This direct final rule affects only the licensing and operation of nuclear power plants, independent spent fuel storage facilities, and TN. The companies that own these plants do not fall within the scope of the definition of ‘‘small entities’’ set forth in the Regulatory Flexibility Act or the Small Business Size Standards set out in regulations issued by the Small Business Administration at 13 CFR part 121. Backfit Analysis The NRC has determined that the backfit rule (10 CFR 50.109 or 10 CFR 72.62) does not apply to this direct final rule because this amendment does not involve any provisions that would impose backfits as defined. Therefore, a backfit analysis is not required. rmajette on PROD1PC67 with RULES Congressional Review Act Under the Congressional Review Act of 1996, the NRC has determined that this action is not a major rule and has verified this determination with the Office of Information and Regulatory Affairs, Office of Management and Budget. List of Subjects in 10 CFR Part 72 Administrative practice and procedure, Criminal penalties, Manpower training programs, Nuclear materials, Occupational safety and health, Penalties, Radiation protection, Reporting and recordkeeping requirements, Security measures, Spent fuel, Whistleblowing. I For the reasons set out in the preamble and under the authority of the VerDate Aug<31>2005 14:26 May 01, 2006 Jkt 208001 Atomic Energy Act of 1954, as amended; the Energy Reorganization Act of 1974, as amended; and 5 U.S.C. 552 and 553; the NRC is adopting the following amendments to 10 CFR part 72. PART 72—LICENSING REQUIREMENTS FOR THE INDEPENDENT STORAGE OF SPENT NUCLEAR FUEL, HIGH-LEVEL RADIOACTIVE WASTE, AND REACTOR-RELATED GREATER THAN CLASS C WASTE 1. The authority citation for part 72 continues to read as follows: 25743 Model Number: NUHOMS HD– 32PTH. * * * * * Dated at Rockville, Maryland, this 13th day of April, 2006. For the Nuclear Regulatory Commission. William F. Kane, Acting Executive Director for Operations. [FR Doc. 06–4115 Filed 5–1–06; 8:45 am] BILLING CODE 7590–01–P I Authority: Secs. 51, 53, 57, 62, 63, 65, 69, 81, 161, 182, 183, 184, 186, 187, 189, 68 Stat. 929, 930, 932, 933, 934, 935, 948, 953, 954, 955, as amended, sec. 234, 83 Stat. 444, as amended (42 U.S.C. 2071, 2073, 2077, 2092, 2093, 2095, 2099, 2111, 2201, 2232, 2233, 2234, 2236, 2237, 2238, 2282); sec. 274, Pub. L. 86–373, 73 Stat. 688, as amended (42 U.S.C. 2021); sec. 201, as amended, 202, 206, 88 Stat. 1242, as amended, 1244, 1246 (42 U.S.C. 5841, 5842, 5846); Pub. L. 95–601, sec. 10, 92 Stat. 2951 as amended by Pub. L. 102– 486, sec. 7902, 106 Stat. 3123 (42 U.S.C. 5851); sec. 102, Pub. L. 91–190, 83 Stat. 853 (42 U.S.C. 4332); secs. 131, 132, 133, 135, 137, 141, Pub. L. 97–425, 96 Stat. 2229, 2230, 2232, 2241, sec. 148, Pub. L. 100–203, 101 Stat. 1330–235 (42 U.S.C. 10151, 10152, 10153, 10155, 10157, 10161, 10168); sec. 1704, 112 Stat. 2750 (44 U.S.C. 3504 note); sec. 651(e), Pub. L. 109–58, 119 Stat. 806–10 (42 U.S.C. 2014, 2021, 2021b, 2111). Section 72.44(g) also issued under secs. 142(b) and 148(c), (d), Pub. L. 100–203, 101 Stat. 1330–232, 1330–236 (42 U.S.C. 10162(b), 10168(c), (d)). Section 72.46 also issued under sec. 189, 68 Stat. 955 (42 U.S.C. 2239); sec. 134, Pub. L. 97–425, 96 Stat. 2230 (42 U.S.C. 10154). Section 72.96(d) also issued under sec. 145(g), Pub. L. 100–203, 101 Stat. 1330–235 (42 U.S.C. 10165(g)). Subpart J also issued under secs. 2(2), 2(15), 2(19), 117(a), 141(h), Pub. L. 97–425, 96 Stat. 2202, 2203, 2204, 2222, 2224 (42 U.S.C. 10101, 10137(a), 10161(h)). Subparts K and L are also issued under sec. 133, 98 Stat. 2230 (42 U.S.C. 10153) and sec. 218(a), 96 Stat. 2252 (42 U.S.C. 10198). 2. In § 72.214, Certificate of Compliance 1030 is added to read as follows: I § 72.214 List of approved spent fuel storage casks. * * * * * Certificate Number: 1030. Initial Certificate Effective Date: July 17, 2006. SAR Submitted by: Transnuclear, Inc. SAR Title: Final Safety Analysis Report for the NUHOMS HD Horizontal Modular Storage System for Irradiated Nuclear Fuel. Docket Number: 72–1030. Certificate Expiration Date: July 17, 2026. PO 00000 Frm 00005 Fmt 4700 Sfmt 4700 FARM CREDIT SYSTEM INSURANCE CORPORATION 12 CFR Part 1412 RIN 3055–AA08 Golden Parachute and Indemnification Payments Farm Credit System Insurance Corporation (FCSIC or Corporation). AGENCY: ACTION: Notice of effective date. SUMMARY: The Corporation published a final rule under part 1412 on February 13, 2006 (71 FR 7402) limiting golden parachute and indemnification payments to institution-related parties (IRPs) by Farm Credit System institutions, including their subsidiaries, service corporations and affiliates. The purpose of the rule is to prevent abuses in golden parachute and indemnity payments and to protect the assets of the institution and the Farm Credit System Insurance Fund. In accordance with 12 U.S.C. 2252, the effective date of the final rule is 30 days from the date of publication in the Federal Register during which either or both Houses of Congress are in session. Based on the records of Congress, the effective date of the regulation is April 26, 2006. EFFECTIVE DATE: The regulation adding 12 CFR part 1412 published on February 13, 2006 (71 FR 7402) is effective April 26, 2006. FOR FURTHER INFORMATION CONTACT: Dorothy L. Nichols, Chief Operating Officer, Farm Credit System Insurance Corporation, 1501 Farm Credit Drive, McLean, VA 22102, 703–883–4211, TTY 703–883–4390, Fax 703–790–9088. Dated: April 26, 2006. Roland E. Smith, Secretary to the Board, Farm Credit System Insurance Corporation. [FR Doc. 06–4095 Filed 5–1–06; 8:45 am] BILLING CODE 6710–01–P E:\FR\FM\02MYR1.SGM 02MYR1

Agencies

Farm Credit System Insurance Corporation

[Federal Register Volume 71, Number 84 (Tuesday, May 2, 2006)]
[Rules and Regulations]
[Page 25743]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 06-4095]


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FARM CREDIT SYSTEM INSURANCE CORPORATION

12 CFR Part 1412

RIN 3055-AA08


Golden Parachute and Indemnification Payments

AGENCY: Farm Credit System Insurance Corporation (FCSIC or 
Corporation).

ACTION: Notice of effective date.

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SUMMARY: The Corporation published a final rule under part 1412 on 
February 13, 2006 (71 FR 7402) limiting golden parachute and 
indemnification payments to institution-related parties (IRPs) by Farm 
Credit System institutions, including their subsidiaries, service 
corporations and affiliates. The purpose of the rule is to prevent 
abuses in golden parachute and indemnity payments and to protect the 
assets of the institution and the Farm Credit System Insurance Fund. In 
accordance with 12 U.S.C. 2252, the effective date of the final rule is 
30 days from the date of publication in the Federal Register during 
which either or both Houses of Congress are in session. Based on the 
records of Congress, the effective date of the regulation is April 26, 
2006.

EFFECTIVE DATE: The regulation adding 12 CFR part 1412 published on 
February 13, 2006 (71 FR 7402) is effective April 26, 2006.

FOR FURTHER INFORMATION CONTACT: Dorothy L. Nichols, Chief Operating 
Officer, Farm Credit System Insurance Corporation, 1501 Farm Credit 
Drive, McLean, VA 22102, 703-883-4211, TTY 703-883-4390, Fax 703-790-
9088.

    Dated: April 26, 2006.
Roland E. Smith,
Secretary to the Board, Farm Credit System Insurance Corporation.
[FR Doc. 06-4095 Filed 5-1-06; 8:45 am]
BILLING CODE 6710-01-P

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