Proposed Collection; Comment Request, 38432 [E6-10491]

Download as PDF 38432 Federal Register / Vol. 71, No. 129 / Thursday, July 6, 2006 / Notices jlentini on PROD1PC65 with NOTICES procedure, which will continue to meet the underlying purpose of 10 CFR Part 50, Appendix G. The underlying purpose of the regulations in 10 CFR Part 50, Appendix G, is to provide an acceptable margin of safety against brittle failure of the RCS during any condition of normal operation to which the pressure boundary may be subjected over its service lifetime. Based on the staff’s March 16, 2001, SE regarding CE NPSD–683, Revision 6, and the licensee’s rationale to support the exemption request, the staff accepts the licensee’s determination that an exemption would be required to approve the use of the KIM calculational methodology of CE NPSD–683–A, Revision 6. The staff concludes that the application of the technical provisions of the KIM calculational methodology of CE NPSD–683–A, Revision 6, by SONGS 2 and 3 provides sufficient margin in the development of RPV P-T limit curves such that the underlying purpose of the regulations (10 CFR Part 50, Appendix G) continues to be met. Therefore, the NRC staff concludes that the exemption requested by the licensee is justified based on the special circumstances of 10 CFR 50.12(a)(2)(ii), ‘‘[a]pplication of the regulation in the particular circumstances would not serve the underlying purpose of the rule or is not necessary to achieve the underlying purpose of the rule.’’ Based upon a consideration of the conservatism that is explicitly incorporated into the methodologies of 10 CFR Part 50, Appendix G, and ASME Code, Section XI, Appendix G, the staff concludes that application of the KIM calculational methodology of CE NPSD– 683–A, Revision 6, as described, would provide an adequate margin of safety against brittle failure of the RPV. Therefore, the staff concludes that the exemption is appropriate under the special circumstances of 10 CFR 50.12(a)(2)(ii), and that the application of the technical provisions of the KIM calculational methodology of CE NPSD– 683–A, Revision 6, should be approved for use in the SONGS 2 and 3 PTLR methodology. 4.0 Conclusion Accordingly, the Commission has determined that, pursuant to 10 CFR 50.12(a), the exemption is authorized by law, will not present an undue risk to the public health and safety, and is consistent with the common defense and security. Also, special circumstances are present. Therefore, the Commission hereby grants Southern California Edison Company an exemption from the requirements of 10 CFR Part 50, Appendix G, to allow VerDate Aug<31>2005 17:01 Jul 05, 2006 Jkt 208001 application of the KIM calculational methodology of CE NPSD–683–A, Revision 6, in establishing the PTLR methodology for SONGS 2 and 3. Pursuant to 10 CFR 51.32, the Commission has determined that the granting of this exemption will not have a significant effect on the quality of the human environment (71 FR 19553; dated April 14, 2006). This exemption is effective upon issuance. Dated at Rockville, Maryland, this 5th day of June 2006. For the Nuclear Regulatory Commission. Catherine Haney, Director, Division of Operating Reactor Licensing, Office of Nuclear Reactor Regulation. [FR Doc. E6–10529 Filed 7–5–06; 8:45 am] BILLING CODE 7590–01–P SECURITIES AND EXCHANGE COMMISSION Proposed Collection; Comment Request Upon written request, copies available from: Securities and Exchange Commission, Office of Filings and Information Services, Washington, DC 20549. Extension: Rule 20a–1, SEC File No. 270– 132, OMB Control No. 3235–0158. Notice is hereby given that pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3501–3520) the Securities and Exchange Commission (the ‘‘Commission’’) is soliciting comments on the collection of information summarized below. The Commission plans to submit the existing collection of information to the Office of Management and Budget (‘‘OMB’’) for extension and approval. The title of the collection of information is ‘‘Rule 20a– 1 under the Investment Company Act of 1940, Solicitation of Proxies, Consents and Authorizations.’’ Rule 20a–1 (17 CFR 270.20a–1) under the Investment Company Act of 1940 (15 U.S.C. 80a–1 et seq.) requires that the solicitation of a proxy, consent, or authorization with respect to a security issued by a registered investment company (‘‘fund’’) be in compliance with Regulation 14A (17 CFR 240.14a– 1 et seq.), Schedule 14A (17 CFR 240.14a–101), and all other rules and regulations adopted under section 14(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78n(a)). It also requires a fund’s investment adviser, or a prospective adviser, to transmit to the person making a proxy solicitation the information necessary to enable that PO 00000 Frm 00077 Fmt 4703 Sfmt 4703 person to comply with the rules and regulations applicable to the solicitation. Regulation 14A and Schedule 14A establish the disclosure requirements applicable to the solicitation of proxies, consents and authorizations. In particular, Item 22 of Schedule 14A contains extensive disclosure requirements for fund proxy statements. Among other things, it requires the disclosure of information about fund fee or expense increases, the election of directors, the approval of an investment advisory contract and the approval of a distribution plan. The Commission requires the dissemination of this information to assist investors in understanding their fund investments and the choices they may be asked to make regarding fund operations. The Commission does not use the information in proxies directly, but reviews proxy statement filings for compliance with applicable rules. It is estimated that funds file approximately 1,565 proxy solicitations annually with the Commission. That figure includes multiple filings by some funds. The total annual reporting and recordkeeping burden of the collection of information is estimated to be approximately 166,203 hours (1,565 responses × 106.2 hours per response). Written comments are invited on: (a) Whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information collected; and (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology. Consideration will be given to comments and suggestions submitted in writing within 60 days of this publication. Please direct your written comments to R. Corey Booth, Director/Chief Information Officer, Securities and Exchange Commission, c/o Shirley Martinson, 6432 General Green Way, Alexandria, VA 22312, or via e-mail to: PRA_Mailbox@sec.gov. Dated: June 20, 2006. Nancy M. Morris, Secretary. [FR Doc. E6–10491 Filed 7–5–06; 8:45 am] BILLING CODE 8010–01–P E:\FR\FM\06JYN1.SGM 06JYN1

Agencies

[Federal Register Volume 71, Number 129 (Thursday, July 6, 2006)]
[Notices]
[Page 38432]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-10491]


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SECURITIES AND EXCHANGE COMMISSION


Proposed Collection; Comment Request

Upon written request, copies available from: Securities and Exchange 
Commission, Office of Filings and Information Services, Washington, DC 
20549.

Extension: Rule 20a-1, SEC File No. 270-132, OMB Control No. 3235-
0158.

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501-3520) the Securities and Exchange Commission 
(the ``Commission'') is soliciting comments on the collection of 
information summarized below. The Commission plans to submit the 
existing collection of information to the Office of Management and 
Budget (``OMB'') for extension and approval. The title of the 
collection of information is ``Rule 20a-1 under the Investment Company 
Act of 1940, Solicitation of Proxies, Consents and Authorizations.''
    Rule 20a-1 (17 CFR 270.20a-1) under the Investment Company Act of 
1940 (15 U.S.C. 80a-1 et seq.) requires that the solicitation of a 
proxy, consent, or authorization with respect to a security issued by a 
registered investment company (``fund'') be in compliance with 
Regulation 14A (17 CFR 240.14a-1 et seq.), Schedule 14A (17 CFR 
240.14a-101), and all other rules and regulations adopted under section 
14(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78n(a)). It 
also requires a fund's investment adviser, or a prospective adviser, to 
transmit to the person making a proxy solicitation the information 
necessary to enable that person to comply with the rules and 
regulations applicable to the solicitation.
    Regulation 14A and Schedule 14A establish the disclosure 
requirements applicable to the solicitation of proxies, consents and 
authorizations. In particular, Item 22 of Schedule 14A contains 
extensive disclosure requirements for fund proxy statements. Among 
other things, it requires the disclosure of information about fund fee 
or expense increases, the election of directors, the approval of an 
investment advisory contract and the approval of a distribution plan.
    The Commission requires the dissemination of this information to 
assist investors in understanding their fund investments and the 
choices they may be asked to make regarding fund operations. The 
Commission does not use the information in proxies directly, but 
reviews proxy statement filings for compliance with applicable rules.
    It is estimated that funds file approximately 1,565 proxy 
solicitations annually with the Commission. That figure includes 
multiple filings by some funds. The total annual reporting and 
recordkeeping burden of the collection of information is estimated to 
be approximately 166,203 hours (1,565 responses x 106.2 hours per 
response).
    Written comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the agency, including whether the information will 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden of the collection of information; (c) ways to enhance the 
quality, utility, and clarity of the information collected; and (d) 
ways to minimize the burden of the collection of information on 
respondents, including through the use of automated collection 
techniques or other forms of information technology. Consideration will 
be given to comments and suggestions submitted in writing within 60 
days of this publication.
    Please direct your written comments to R. Corey Booth, Director/
Chief Information Officer, Securities and Exchange Commission, c/o 
Shirley Martinson, 6432 General Green Way, Alexandria, VA 22312, or via 
e-mail to: PRA--Mailbox@sec.gov.

    Dated: June 20, 2006.
Nancy M. Morris,
Secretary.
 [FR Doc. E6-10491 Filed 7-5-06; 8:45 am]
BILLING CODE 8010-01-P
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