Extensions of Credit by Federal Reserve Banks, 56889-56890 [E7-19691]
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Federal Register / Vol. 72, No. 193 / Friday, October 5, 2007 / Rules and Regulations
decisions be rendered no later than 90
days after the close of the record will
not prejudice any party to the case and
will not form the basis for any legal
action by any party. See 5 CFR
9701.706(l).
§ 1210.31 OPM petition for
reconsideration.
(a) If the Director seeks
reconsideration of a final Board order,
the Board must render its decision no
later than 60 days after receipt of the
opposition to the Director’s petition in
support of such reconsideration. The
Board’s failure to meet this requirement
will not prejudice any party to the case
and will not form the basis for any legal
action by any party. See 5 CFR
9701.706(l).
(b) The Board shall state the reasons
for any decision rendered in response to
a petition for reconsideration filed by
the Director.
Subpart D—Review of Mandatory
Removal Action Appeals
§ 1210.40
review.
Filing a request for Board
(a) Who may file. Any party to the
proceeding or OPM may file a request
for review. All submissions to the Board
must contain the signature of the party
or of the party’s designated
representative. The requirements for an
electronic signature are set forth in 5
CFR 1201.14(i).
(b) Time for filing. Any request for
review must be filed within 15 days
after issuance of the MRP’s decision.
Any party’s response to the request for
review, cross request for review, or
OPM’s request for review must be filed
within 15 days of the Board’s receipt of
the request for review. If OPM does not
file a request for review, it may
intervene within 15 days after MSPB’s
receipt of a request for review of the
record. A party or OPM may submit,
and the Board may grant for good cause
shown, a request for a single extension
of time not to exceed 15 days.
(c) Record for review. The Board will
establish, in conjunction with the MRP,
standards for the contents of the record
and the administrative process for
review, including notice to the parties
and OPM and procedures for the
transfer of records from the Department
to the Board.
yshivers on PROD1PC62 with RULES
§ 1210.41
Decision of the Board.
(a) Board review of an MRP decision.
The Board must accept the findings of
fact and interpretations of law of the
MRP and sustain the MRP’s decision
unless the party appealing the MRP’s
decision shows that the MRP’s decision
was:
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15:23 Oct 04, 2007
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(1) Arbitrary, capricious, an abuse of
discretion, or otherwise not in
accordance with law;
(2) Caused by harmful error in the
application of the MRP’s procedures in
arriving at such decision; or
(3) Unsupported by substantial
evidence.
(b) Definitions. The following
definitions apply to this part:
(1) Harmful error. Error by the MRP in
the application of its procedures that is
likely to have caused it to reach a
conclusion different from the one it
would have reached in the absence or
cure of the error. The burden is upon
the party appealing the MRP’s decision
to show that the error was harmful, i.e.,
that it caused substantial harm or
prejudice to his or her rights.
(2) Substantial evidence. The degree
of relevant evidence that a reasonable
person, considering the record as a
whole, might accept as adequate to
support a conclusion, even though other
reasonable persons might disagree. This
is a lower standard of proof than
preponderance of the evidence.
(c)(1) Mandatory time limit for
decision. The Board must complete its
review of the record and issue a final
decision within 30 days after receiving
any party’s response to the request for
review, cross request for review, or
OPM’s intervention brief, whichever is
filed later. The Board may extend the
period for review by a single extension
of time not to exceed 15 days, if it
determines that:
(i) The case is unusually complex; or
(ii) An extension is necessary to
prevent any prejudice to the parties that
would otherwise result.
(2) No further extension of time will
be permitted.
§ 1210.42
Intervenors.
The Director may intervene as a
matter of right under 5 CFR 9701.707(f)
or otherwise participate in any
proceeding brought under this subpart,
if the Director believes that an erroneous
decision will have a substantial impact
on a civil service law, rule, regulation,
or policy directive.
§ 1210.43
Finality.
Final decision of the Board. A
decision of the Board on a request for
review of an MRP decision shall
constitute a final decision subject to
judicial review in accordance with 5
U.S.C. 7703.
§ 1210.44
Request for reconsideration.
A decision of the Board under this
subpart is final unless the Director
petitions the Board for review within 30
days after the receipt of the decision.
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56889
The Director may petition the Board for
review only if he or she believes the
decision is erroneous and will have a
substantial impact on a civil service
law, rule, regulation, or policy directive.
The Board may extend the filing period
for good cause shown.
Dated: September 28, 2007.
Arlin Winefordner,
Acting Clerk of the Board.
[FR Doc. E7–19574 Filed 10–4–07; 8:45 am]
BILLING CODE 7400–01–P
FEDERAL RESERVE SYSTEM
12 CFR Part 201
[Regulation A]
Extensions of Credit by Federal
Reserve Banks
Board of Governors of the
Federal Reserve System.
ACTION: Correcting amendments.
AGENCY:
SUMMARY: The Board of Governors of the
Federal Reserve System (Board) is
correcting a document published in the
Federal Register of September 27, 2007,
that amended Regulation A to reflect a
decrease in the primary and secondary
credit rates at each Federal Reserve
Bank.
This correction is effective
October 5, 2007. The rate changes for
primary and secondary credit were
effective on the dates specified in 12
CFR 201.51, as amended.
FOR FURTHER INFORMATION CONTACT:
Jennifer J. Johnson, Secretary of the
Board (202/452–3259); for users of
Telecommunication Devices for the Deaf
(TDD) only, contact 202/263–4869.
SUPPLEMENTARY INFORMATION: The Board
published a document in the Federal
Register of September 27, 2007 (72 FR
54813). The document (FR Doc. E7–
19062) amended the Federal Reserve
Banks’ primary and secondary credit
rates on extensions of credit available to
depository institutions as a backup
source of funding on a short-term basis.
This document corrects the secondary
credit rates for the Federal Reserve Bank
of Dallas and the Federal Reserve Bank
of San Francisco.
DATES:
List of Subjects in 12 CFR Part 201
Banks, Banking, Federal Reserve
System, Reporting and recordkeeping.
Authority and Issuance
For the reasons set forth in the
preamble, the Board is amending 12
CFR Chapter II to read as follows:
I
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56890
Federal Register / Vol. 72, No. 193 / Friday, October 5, 2007 / Rules and Regulations
PART 201—EXTENSIONS OF CREDIT
BY FEDERAL RESERVE BANKS
(REGULATION A)
1. The authority citation for part 201
continues to read as follows:
I
Authority: 12 U.S.C. 248(i)–(j), 343 et seq.,
347a, 347b, 347c, 348 et seq., 357, 374, 374a,
and 461.
2. In § 201.51 in paragraph (b), the
entries for Dallas and San Francisco are
revised to read as follows:
I
§ 201.51 Interest rates applicable to credit
extended by a Federal Reserve Bank.1
*
*
*
(b) * * *
*
Federal Reserve Bank
Rate
*
*
Dallas ............
San Francisco
5.75
5.75
*
*
*
Effective
*
*
*
*
*
September 19, 2007.
September 18, 2007.
*
By order of the Board of Governors of the
Federal Reserve System, October 2, 2007.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E7–19691 Filed 10–4–07; 8:45 am]
BILLING CODE 6210–01–P
another country to identify and correct
an unsafe condition on an aviation
product. The MCAI describes the unsafe
condition as:
To prevent fuel system leaks inspect the
bronze/brass hollow threaded fuel line
fittings for type and leaks, per Avions Pierre
Robin Service Bulletin (SB) No. 86.
We are issuing this AD to require
actions to correct the unsafe condition
on these products.
DATES: This AD becomes effective
November 9, 2007.
On November 9, 2007, the Director of
the Federal Register approved the
incorporation by reference of certain
publications listed in this AD.
ADDRESSES: You may examine the AD
docket on the Internet at
https://dms.dot.gov or in person at
Document Management Facility, U.S.
Department of Transportation, Docket
Operations, M–30, West Building
Ground Floor, Room W12–140, 1200
New Jersey Avenue, SE., Washington,
DC 20590.
FOR FURTHER INFORMATION CONTACT: Karl
Schletzbaum, Aerospace Engineer, FAA,
Small Airplane Directorate, 901 Locust,
Room 301, Kansas City, Missouri 64106;
telephone: (816) 329–4146; fax: (816)
329–4090.
SUPPLEMENTARY INFORMATION:
Discussion
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 39
[Docket No. FAA–2006–26491 Directorate
Identifier 2006–CE–076–AD; Amendment
39–15218; AD 2007–20–08]
RIN 2120–AA64
We issued a supplemental notice of
proposed rulemaking (NPRM) to amend
14 CFR part 39 to include an AD that
would apply to the specified products.
That supplemental NPRM was
published in the Federal Register on
August 13, 2007 (72 FR 45183). That
supplemental NPRM proposed to
correct an unsafe condition for the
specified products. The MCAI states:
Airworthiness Directives; Alpha
Aviation Design Limited (Type
Certificate No. A48EU Previously Held
by Apex Aircraft and Avions Pierre
Robin) Model R2160 Airplanes
To prevent fuel system leaks inspect the
bronze/brass hollow threaded fuel line
fittings for type and leaks, per Avions Pierre
Robin Service Bulletin (SB) No. 86. Replace
leaking Type 1 fuel line fittings with Type 2
fittings, per SB No. 86, before further flight.
Federal Aviation
Administration (FAA), Department of
Transportation (DOT).
ACTION: Final rule.
You may obtain further information
by examining the MCAI in the AD
docket.
We are adopting a new
airworthiness directive (AD) for the
products listed above. This AD results
from mandatory continuing
airworthiness information (MCAI)
issued by an aviation authority of
We gave the public the opportunity to
participate in developing this AD. We
received no comments on the NPRM or
on the determination of the cost to the
public.
AGENCY:
Comments
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SUMMARY:
1 The
primary, secondary, and seasonal credit
rates described in this section apply to both
advances and discounts made under the primary,
secondary, and seasonal credit programs,
respectively.
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15:23 Oct 04, 2007
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Conclusion
We reviewed the available data and
determined that air safety and the
public interest require adopting the AD
as proposed.
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Differences Between This AD and the
MCAI or Service Information
We have reviewed the MCAI and
related service information and, in
general, agree with their substance. But
we might have found it necessary to use
different words from those in the MCAI
to ensure the AD is clear for U.S.
operators and is enforceable. In making
these changes, we do not intend to differ
substantively from the information
provided in the MCAI and related
service information.
We might also have required different
actions in this AD from those in the
MCAI in order to follow FAA policies.
Any such differences are highlighted in
a Note within the AD.
Costs of Compliance
We estimate that this AD will affect
about 10 products of U.S. registry. We
also estimate that it will take about 1
work-hour per product to comply with
the basic requirements of this AD. The
average labor rate is $80 per work-hour.
Required parts will cost about $100 per
product. Where the service information
lists required parts costs that are
covered under warranty, we have
assumed that there will be no charge for
these costs. As we do not control
warranty coverage for affected parties,
some parties may incur costs higher
than estimated here.
Based on these figures, we estimate
the cost of this AD on U.S. operators to
be $1,800, or $180 per product.
Authority for This Rulemaking
Title 49 of the United States Code
specifies the FAA’s authority to issue
rules on aviation safety. Subtitle I,
section 106, describes the authority of
the FAA Administrator. ‘‘Subtitle VII:
Aviation Programs,’’ describes in more
detail the scope of the Agency’s
authority.
We are issuing this rulemaking under
the authority described in ‘‘Subtitle VII,
Part A, Subpart III, Section 44701:
General requirements.’’ Under that
section, Congress charges the FAA with
promoting safe flight of civil aircraft in
air commerce by prescribing regulations
for practices, methods, and procedures
the Administrator finds necessary for
safety in air commerce. This regulation
is within the scope of that authority
because it addresses an unsafe condition
that is likely to exist or develop on
products identified in this rulemaking
action.
Regulatory Findings
We determined that this AD will not
have federalism implications under
Executive Order 13132. This AD will
not have a substantial direct effect on
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]]>Agencies
[Federal Register Volume 72, Number 193 (Friday, October 5, 2007)]
[Rules and Regulations]
[Pages 56889-56890]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-19691]
=======================================================================
-----------------------------------------------------------------------
FEDERAL RESERVE SYSTEM
12 CFR Part 201
[Regulation A]
Extensions of Credit by Federal Reserve Banks
AGENCY: Board of Governors of the Federal Reserve System.
ACTION: Correcting amendments.
-----------------------------------------------------------------------
SUMMARY: The Board of Governors of the Federal Reserve System (Board)
is correcting a document published in the Federal Register of September
27, 2007, that amended Regulation A to reflect a decrease in the
primary and secondary credit rates at each Federal Reserve Bank.
DATES: This correction is effective October 5, 2007. The rate changes
for primary and secondary credit were effective on the dates specified
in 12 CFR 201.51, as amended.
FOR FURTHER INFORMATION CONTACT: Jennifer J. Johnson, Secretary of the
Board (202/452-3259); for users of Telecommunication Devices for the
Deaf (TDD) only, contact 202/263-4869.
SUPPLEMENTARY INFORMATION: The Board published a document in the
Federal Register of September 27, 2007 (72 FR 54813). The document (FR
Doc. E7-19062) amended the Federal Reserve Banks' primary and secondary
credit rates on extensions of credit available to depository
institutions as a backup source of funding on a short-term basis. This
document corrects the secondary credit rates for the Federal Reserve
Bank of Dallas and the Federal Reserve Bank of San Francisco.
List of Subjects in 12 CFR Part 201
Banks, Banking, Federal Reserve System, Reporting and
recordkeeping.
Authority and Issuance
0
For the reasons set forth in the preamble, the Board is amending 12 CFR
Chapter II to read as follows:
[[Page 56890]]
PART 201--EXTENSIONS OF CREDIT BY FEDERAL RESERVE BANKS (REGULATION
A)
0
1. The authority citation for part 201 continues to read as follows:
Authority: 12 U.S.C. 248(i)-(j), 343 et seq., 347a, 347b, 347c,
348 et seq., 357, 374, 374a, and 461.
0
2. In Sec. 201.51 in paragraph (b), the entries for Dallas and San
Francisco are revised to read as follows:
Sec. 201.51 Interest rates applicable to credit extended by a Federal
Reserve Bank.\1\
---------------------------------------------------------------------------
\1\ The primary, secondary, and seasonal credit rates described
in this section apply to both advances and discounts made under the
primary, secondary, and seasonal credit programs, respectively.
---------------------------------------------------------------------------
* * * * *
(b) * * *
------------------------------------------------------------------------
Federal Reserve Bank Rate Effective
------------------------------------------------------------------------
* * * * *
Dallas........................... 5.75 September 19, 2007.
San Francisco.................... 5.75 September 18, 2007.
------------------------------------------------------------------------
* * * * *
By order of the Board of Governors of the Federal Reserve
System, October 2, 2007.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E7-19691 Filed 10-4-07; 8:45 am]
BILLING CODE 6210-01-P
