Notice of Consideration of Request for Consent to Transfer of Materials Licenses Westinghouse Electric Company, 36833-36834 [E6-10194]

Download as PDF Federal Register / Vol. 71, No. 124 / Wednesday, June 28, 2006 / Notices CNo Committee name 1198 ................................................ 1199 ................................................ 1210 ................................................ 1214 ................................................ 173 .................................................. 1189 ................................................ 1190 ................................................ 1194 ................................................ 1196 ................................................ 1205 ................................................ 66 .................................................... 1186 ................................................ 1191 ................................................ 1203 ................................................ 1204 ................................................ 1208 ................................................ Proposal Review Panel for Experimental Programs to Stimulate Competitive Research. Proposal Review Panel for Human Resource Development. Proposal Review Panel for Research Evaluation and Communication. Proposal Review Panel for Undergraduate Education. Proposal Review Panel for Engineering Education and Centers. Proposal Review Panel for Bioengineering and Environmental Systems. Proposal Review Panel for Chemical and Transport Systems. Proposal Review Panel for Design and Manufacturing Innovation. Proposal Review Panel for Electrical and Communications Systems. Proposal Review Panel for Civil and Mechanical Systems. Advisory Committee for Mathematical and Physical Sciences. Proposal Review Panel for Astronomical Sciences. Proposal Review Panel for Chemistry. Proposal Review Panel for Materials Research. Proposal Review Panel for Mathematical Sciences. Proposal Review Panel for Physics. Effective date for renewal is June 30, 2006. For more information, please contact Susanne Bolton, NSF, at (703) 292–7488. Dated: June 23, 2006. Susanne Bolton, Committee Management Officer. [FR Doc. 06–5758 Filed 6–27–06; 8:45 am] BILLING CODE 7555–01–M NUCLEAR REGULATORY COMMISSION [Docket Nos. 70–36, 70–1151] Notice of Consideration of Request for Consent to Transfer of Materials Licenses Westinghouse Electric Company Nuclear Regulatory Commission. ACTION: Notice of consideration of request from Westinghouse Electric Company for consent to transfer of materials licenses. AGENCY: FOR FURTHER INFORMATION CONTACT: Mary Adams, Senior Project Manager, Fuel Cycle Facilities Branch, Division of Fuel Cycle Safety and Safeguards, Office of Nuclear Material Safety and Safeguards, U.S. Nuclear Regulatory Commission, Washington, DC 20555. Telephone: (301) 415–7249; fax number: (301) 415–5955; e-mail: mta@nrc.gov. SUPPLEMENTARY INFORMATION: jlentini on PROD1PC65 with NOTICES I. Introduction The U.S. Nuclear Regulatory Commission (NRC) is considering approval of an application (the application) from Westinghouse Electric Company (Westinghouse), submitted on April 21, 2006, for consent to indirect change of control with respect to materials licenses, from its parent company British Nuclear Fuels PLC VerDate Aug<31>2005 16:52 Jun 27, 2006 36833 Jkt 208001 (BNFL) to Toshiba Corporation (Toshiba). The filing and requested NRC consent is necessitated by the planned sale by BNFL of its entire interest in Westinghouse to Toshiba. The applicant described the transaction as follows: BNFL currently controls all interest in Westinghouse through its wholly owned holding company, BNFL USA Group, Inc. (BNFL USA). To accomplish the purchase of all of BNFL’s interest in Westinghouse, Toshiba would form an intermediate holding company (NewCo), which would subsequently issue its shares to Toshiba and possibly other minority investors. Toshiba, however, would maintain ownership over a majority of shares in NewCo (51% or more of the membership interest). Once complete, BNFL will sell 100% of its shares of BNFL USA (and Westinghouse) to NewCo. Therefore, through its majority ownership of NewCo, and NewCo’s entire ownership of Westinghouse, Toshiba would maintain indirect control of Westinghouse. The applicant stated that Toshiba would at all times maintain majority control of at least 51% of the membership interest in Westinghouse, and that no minority ownership would constitute a change of control of Westinghouse. The application states that there would be no change to Westinghouse’s operations, corporate structure, key operating personnel or licensed activities as a result of the transaction and the indirect change of control. Westinghouse would remain a U.S. company and would continue to be headquartered in Pittsburgh, PA. Westinghouse would continue to be the holder of the licenses, approvals, and certificates listed above after the closing of the transaction and the indirect change of control. Westinghouse will remain technically and financially qualified as the licensee and will PO 00000 Frm 00081 Fmt 4703 Sfmt 4703 continue to fulfill all responsibilities as the licensee. The application states that no amendments to the licenses, approvals, and certificates will be necessary in connection with this request for consent. This license transfer, if approved, would affect Special Nuclear Material Licenses SNM–33 and SNM–1107. License SNM–33 authorizes Westinghouse to possess and use source, special nuclear, and byproduct material at its former fuel fabrication facility in Hematite, Missouri, for the purpose of decommissioning the facility. License SNM–1107 authorizes Westinghouse to possess and use source, special nuclear, and byproduct material at the Columbia Fuel Fabrication Facility in Columbia, South Carolina. Pursuant to 10 CFR 70.36, no license granted under the regulations in Part 70 and no right to possess or utilize special nuclear material granted by any license issued pursuant to the regulations in Part 70 shall be transferred, assigned or in any manner disposed of, either voluntarily or involuntarily, directly or indirectly, through transfer of control of any license to any person unless the Commission shall, after securing full information, find that the transfer is in accordance with the provisions of the Atomic Energy Act of 1954, as amended (AEA), and shall give its consent in writing. The Commission will approve an application for the transfer of a license if the Commission determines that the proposed transferee is qualified to hold the license, and that the transfer is otherwise consistent with applicable provisions of law, regulations, and orders issued by the Commission pursuant thereto. An Environmental Assessment (EA) will not be performed because this action is categorically excluded from the requirement to perform an EA pursuant to 10 CFR 51.22(c)(21). E:\FR\FM\28JNN1.SGM 28JNN1 36834 Federal Register / Vol. 71, No. 124 / Wednesday, June 28, 2006 / Notices II. Further Information Documents related to this action, including the application for amendment and supporting documentation, are available electronically at the NRC’s Electronic Reading Room at https://www.nrc.gov/ reading-rm/adams.html. From this site, you can access the NRC’s Agencywide Document Access and Management System (ADAMS), which provides text and image files of NRC’s public documents. The ADAMS accession number for the document related to this notice is ML061160195. If you do not have access to ADAMS or if there are problems in accessing the documents located in ADAMS, contact the NRC Public Document Room (PDR) Reference staff at 1–800–397–4209, 301–415–4737 or by e-mail to pdr@nrc.gov. These documents may also be viewed electronically on the public computers located at the NRC’s PDR, O 1 F21, One White Flint North, 11555 Rockville Pike, Rockville, MD 20852. The PDR reproduction contractor will copy documents for a fee. Dated at Rockville, Maryland, this 21st day of June, 2006. For the Nuclear Regulatory Commission. Gary S. Janosko, Chief, Fuel Cycle Facilities Branch, Division of Fuel Cycle Safety and Safeguards, Office of Nuclear Material Safety and Safeguards. [FR Doc. E6–10194 Filed 6–27–06; 8:45 am] BILLING CODE 7590–01–P OVERSEAS PRIVATE INVESTMENT CORPORATION July 6, 2006 Public Hearing jlentini on PROD1PC65 with NOTICES OPIC’s Sunshine Act notice of its Public Hearing in Conjunction with each Board meeting was published in the Federal Register (Volume 71, Number 109, Page 33006) June 7, 2006. No requests were received to provide testimony or submit written statements for the record; therefore, OPIC’s public hearing in conjunction with OPIC’s July 13, 2006 Board of Directors meeting scheduled for 2 p.m. on July 6, 2006 has been cancelled. FOR FURTHER INFORMATION CONTACT: Information on the hearing cancellation may be obtained from Connie M. Downs at (202) 336–8438, via facsimile at (202) 218–0136, or via e-mail at cdown@opic.gov. Dated: June 26, 2006. Connie M. Downs, OPIC Corporate Secretary. [FR Doc. 06–5813 Filed 6–26–06; 12:33 pm] BILLING CODE 3210–01–M VerDate Aug<31>2005 19:43 Jun 27, 2006 Jkt 208001 SECURITIES AND EXCHANGE COMMISSION [Release No. IC–27416; File No. 812–13180] Cohen & Steers VIF Realty Fund, Inc. et al.; Notice of Application June 22, 2006. Securities and Exchange Commission (‘‘SEC’’ or the ‘‘Commission’’). ACTION: Notice of Application for Exemption pursuant to Section 6(c) of the Investment Company Act of 1940, as amended (the ‘‘1940 Act’’), for an exemption from the provisions of Sections 9(a), 13(a), 15(a) and 15(b) of the Act and Rules 6e–2(b)(15) and 6e– 3(T)(b)(15) thereunder. AGENCY: Cohen & Steers VIF Realty Fund, Inc. (the ‘‘Fund’’) and Cohen & Steers Capital Management, Inc. (the ‘‘Investment Adviser’’) (collectively the ‘‘Applicants’’). SUMMARY OF APPLICATION: Applicants request an order pursuant to Section 6(c) of the 1940 Act exempting certain life insurance companies and their separate accounts that currently invest in or may hereafter invest in the Fund from the provisions of Sections 9(a), 13(a), 15(a) and 15(b) of the Act and Rules 6e–2(b)(15) and 6e–3(T)(b)(15) thereunder, to the extent necessary to permit shares of the Fund (the ‘‘Shares’’), and shares of any existing or future investment company that is designed to fund insurance products and for which the Investment Adviser or any of its affiliates, may serve as investment adviser, investment manager, subadviser, administrator, principal underwriter or sponsor (collectively the ‘‘Insurance Funds’’) to be sold to and held by: (a) Separate accounts funding variable annuity contracts and variable life insurance policies (collectively ‘‘Variable Contracts’’) issued by both affiliated life insurance companies and unaffiliated life insurance companies; (b) trustees of qualified group pension and group retirement plans outside of the separate account context, (‘‘Qualified Plans’’); (c) separate accounts that are not registered as investment companies under the 1940 Act pursuant to exemptions from registration under Section 3(c) of the 1940 Act; (d) the Investment Adviser or any successor in interest to the Investment Adviser (‘‘Adviser’’) for the purpose of providing seed capital to an Insurance Fund; and (e) any other account of a Participating Insurance Company permitted to hold shares of an Insurance Fund (‘‘General Accounts’’). APPLICANTS: PO 00000 Frm 00082 Fmt 4703 Sfmt 4703 The Application was filed on March 28, 2005 and amended and restated on October 3, 2005 and June 16, 2006. HEARING OR NOTIFICATION OF HEARING: If no hearing is ordered, the requested exemption will be granted. Any interested person may request a hearing on this Application, or ask to be notified if a hearing is ordered. Any requests must be received by the Commission by 5:30 p.m. on July 19, 2006. Request a hearing in writing, giving the nature of your interest, the reason for the request, and the issues you contest. Serve the Applicants with the request, either personally or by mail, and also send it to the Secretary of the Commission, along with proof of service by affidavit, or in the case of any attorney-at-law by certificate. Request notification of the date of a hearing by writing to the Secretary of the Commission. ADDRESSES: The Commission: Secretary, Securities and Exchange Commission, 100 F Street, NE., Washington, DC 20549–1090; Applicants: C/O Lawrence B. Stoller, Esq., 280 Park Avenue, New York, NY 10017. FOR FURTHER INFORMATION CONTACT: Rebecca A. Marquigny, Senior Counsel, or Joyce M. Pickholz, Branch Chief, Office of Insurance Products, Division of Investment Management, at (202) 551– 6795. SUPPLEMENTARY INFORMATION: The following is a summary of the Application. The complete Application is available for a fee from the Commission’s Public Reference Branch, SEC’s Public Reference Branch, 100 F Street, NE., Room 1580, Washington, DC 20549 (telephone (202) 551–8090). FILING DATE: Applicant’s Representations 1. Each Insurance Funds is, or will be, registered under the 1940 Act as an open-end management investment company. The Fund (1940 Act Registration No. 811–21669) was incorporated under Maryland law on November 10, 2004 and is registered under the 1940 Act as a non-diversified management investment company. The Fund’s registration statement became effective on January 27, 2005. The Fund’s Shares are not sold to the general public, but are currently offered to separate accounts funding variable annuity contracts issued by Merrill Lynch Life Insurance Company, ML Life Insurance Company of New York and affiliated entities. 2. The Investment Adviser was organized in 1986, under the laws of the State of New York, and registered with the Commission under the Investment Advisers Act of 1940. The Investment E:\FR\FM\28JNN1.SGM 28JNN1

Agencies

NUCLEAR REGULATORY COMMISSION

[Federal Register Volume 71, Number 124 (Wednesday, June 28, 2006)]
[Notices]
[Pages 36833-36834]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-10]


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NUCLEAR REGULATORY COMMISSION

[Docket Nos. 70-36, 70-1151]


Notice of Consideration of Request for Consent to Transfer of 
Materials Licenses Westinghouse Electric Company

AGENCY: Nuclear Regulatory Commission.

ACTION: Notice of consideration of request from Westinghouse Electric 
Company for consent to transfer of materials licenses.

-----------------------------------------------------------------------

FOR FURTHER INFORMATION CONTACT: Mary Adams, Senior Project Manager, 
Fuel Cycle Facilities Branch, Division of Fuel Cycle Safety and 
Safeguards, Office of Nuclear Material Safety and Safeguards, U.S. 
Nuclear Regulatory Commission, Washington, DC 20555. Telephone: (301) 
415-7249; fax number: (301) 415-5955; e-mail: mta@nrc.gov.

SUPPLEMENTARY INFORMATION:

I. Introduction

    The U.S. Nuclear Regulatory Commission (NRC) is considering 
approval of an application (the application) from Westinghouse Electric 
Company (Westinghouse), submitted on April 21, 2006, for consent to 
indirect change of control with respect to materials licenses, from its 
parent company British Nuclear Fuels PLC (BNFL) to Toshiba Corporation 
(Toshiba).
    The filing and requested NRC consent is necessitated by the planned 
sale by BNFL of its entire interest in Westinghouse to Toshiba. The 
applicant described the transaction as follows: BNFL currently controls 
all interest in Westinghouse through its wholly owned holding company, 
BNFL USA Group, Inc. (BNFL USA). To accomplish the purchase of all of 
BNFL's interest in Westinghouse, Toshiba would form an intermediate 
holding company (NewCo), which would subsequently issue its shares to 
Toshiba and possibly other minority investors. Toshiba, however, would 
maintain ownership over a majority of shares in NewCo (51% or more of 
the membership interest). Once complete, BNFL will sell 100% of its 
shares of BNFL USA (and Westinghouse) to NewCo. Therefore, through its 
majority ownership of NewCo, and NewCo's entire ownership of 
Westinghouse, Toshiba would maintain indirect control of Westinghouse. 
The applicant stated that Toshiba would at all times maintain majority 
control of at least 51% of the membership interest in Westinghouse, and 
that no minority ownership would constitute a change of control of 
Westinghouse.
    The application states that there would be no change to 
Westinghouse's operations, corporate structure, key operating personnel 
or licensed activities as a result of the transaction and the indirect 
change of control. Westinghouse would remain a U.S. company and would 
continue to be headquartered in Pittsburgh, PA. Westinghouse would 
continue to be the holder of the licenses, approvals, and certificates 
listed above after the closing of the transaction and the indirect 
change of control. Westinghouse will remain technically and financially 
qualified as the licensee and will continue to fulfill all 
responsibilities as the licensee. The application states that no 
amendments to the licenses, approvals, and certificates will be 
necessary in connection with this request for consent.
    This license transfer, if approved, would affect Special Nuclear 
Material Licenses SNM-33 and SNM-1107. License SNM-33 authorizes 
Westinghouse to possess and use source, special nuclear, and byproduct 
material at its former fuel fabrication facility in Hematite, Missouri, 
for the purpose of decommissioning the facility. License SNM-1107 
authorizes Westinghouse to possess and use source, special nuclear, and 
byproduct material at the Columbia Fuel Fabrication Facility in 
Columbia, South Carolina.
    Pursuant to 10 CFR 70.36, no license granted under the regulations 
in Part 70 and no right to possess or utilize special nuclear material 
granted by any license issued pursuant to the regulations in Part 70 
shall be transferred, assigned or in any manner disposed of, either 
voluntarily or involuntarily, directly or indirectly, through transfer 
of control of any license to any person unless the Commission shall, 
after securing full information, find that the transfer is in 
accordance with the provisions of the Atomic Energy Act of 1954, as 
amended (AEA), and shall give its consent in writing. The Commission 
will approve an application for the transfer of a license if the 
Commission determines that the proposed transferee is qualified to hold 
the license, and that the transfer is otherwise consistent with 
applicable provisions of law, regulations, and orders issued by the 
Commission pursuant thereto. An Environmental Assessment (EA) will not 
be performed because this action is categorically excluded from the 
requirement to perform an EA pursuant to 10 CFR 51.22(c)(21).

[[Page 36834]]

II. Further Information

    Documents related to this action, including the application for 
amendment and supporting documentation, are available electronically at 
the NRC's Electronic Reading Room at https://www.nrc.gov/reading-rm/
adams.html. From this site, you can access the NRC's Agencywide 
Document Access and Management System (ADAMS), which provides text and 
image files of NRC's public documents. The ADAMS accession number for 
the document related to this notice is ML061160195. If you do not have 
access to ADAMS or if there are problems in accessing the documents 
located in ADAMS, contact the NRC Public Document Room (PDR) Reference 
staff at 1-800-397-4209, 301-415-4737 or by e-mail to pdr@nrc.gov.
    These documents may also be viewed electronically on the public 
computers located at the NRC's PDR, O 1 F21, One White Flint North, 
11555 Rockville Pike, Rockville, MD 20852. The PDR reproduction 
contractor will copy documents for a fee.

    Dated at Rockville, Maryland, this 21st day of June, 2006.

    For the Nuclear Regulatory Commission.
Gary S. Janosko,
Chief, Fuel Cycle Facilities Branch, Division of Fuel Cycle Safety and 
Safeguards, Office of Nuclear Material Safety and Safeguards.
 [FR Doc. E6-10194 Filed 6-27-06; 8:45 am]
BILLING CODE 7590-01-P

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