Notification of Impending Waiver Termination, 5797 [E9-2179]

Download as PDF 5797 Rules and Regulations Federal Register Vol. 74, No. 20 Monday, February 2, 2009 This section of the FEDERAL REGISTER contains regulatory documents having general applicability and legal effect, most of which are keyed to and codified in the Code of Federal Regulations, which is published under 50 titles pursuant to 44 U.S.C. 1510. The Code of Federal Regulations is sold by the Superintendent of Documents. Prices of new books are listed in the first FEDERAL REGISTER issue of each week. NUCLEAR REGULATORY COMMISSION 10 CFR Chapter I RIN 3150–AH84 Notification of Impending Waiver Termination AGENCY: Nuclear Regulatory Commission. ACTION: Notice of impending waiver termination. dwashington3 on PROD1PC60 with RULES BILLING CODE 7590–01–P Section 651(e) of the Energy Policy Act of 2005 (EPAct) authorized the U.S. Nuclear Regulatory Commission (Commission or NRC) to issue a time-limited waiver (70 FR 51581; August 31, 2005) to allow continued use and possession of naturally-occurring and acceleratorproduced radioactive materials (NARM) while the Commission developed a regulatory framework for regulation of the new byproduct material. The Commission has begun terminating the time-limited waiver in phases in accordance to the provisions of the ‘‘Plan for the Transition of Regulatory Authority Resulting from the Expanded Definition of Byproduct Material’’ (transition plan) issued by the Commission on October 19, 2007 (72 FR 59157). The first phase of waiver terminations occurred on November 30, 2007 (72 FR 68043), and the second phase occurred on September 30, 2008 (73 FR 14376). This document provides advance notification that on August 7, 2009, the Commission will terminate the timelimited waivers for all remaining nonAgreement States and Canadian licenses that are under NRC jurisdiction. Alaska, Connecticut, Hawaii, Michigan, New Jersey, and Virginia. As provided in the transition plan, for existing NRC licensees, NARM use VerDate Nov<24>2008 15:02 Jan 30, 2009 Jkt 217001 FOR FURTHER INFORMATION CONTACT: Shirley Xu, Office of Federal and State Materials and Environmental Management Programs, U.S. Nuclear Regulatory Commission, Washington, DC 20555–0001, telephone (301) 415– 7640 or e-mail Shirley.xu@nrc.gov. Dated at Rockville, Maryland, this 26th day of January 2009. For the Nuclear Regulatory Commission. Annette L. Vietti-Cook, Secretary of the Commission. [FR Doc. E9–2179 Filed 1–30–09; 8:45 am] [NRC–2006–0011] SUMMARY: amendments are required within 6 months from the date of waiver termination. For NARM users in nonAgreement States and Canadian licensees without a NRC license, the license applications are required within 12 months from the date waiver termination. FEDERAL DEPOSIT INSURANCE CORPORATION 12 CFR Part 360 RIN 3064–AD26 Processing of Deposit Accounts in the Event of an Insured Depository Institution Failure AGENCY: Federal Deposit Insurance Corporation (FDIC). ACTION: Final rule. SUMMARY: The FDIC is adopting a final rule establishing the FDIC’s practices for determining deposit and other liability account balances at a failed insured depository institution. Except as noted, the FDIC practices defined in the final rule represent a continuation of longstanding FDIC procedures in processing such balances at a failed depository institution. The final rule also imposes certain disclosure requirements in connection with sweep accounts. The final rule replaces the FDIC’s interim rule on this subject and applies to all insured depository institutions. DATES: Effective Dates: The final rule is effective March 4, 2009. FOR FURTHER INFORMATION CONTACT: James Marino, Project Manager, Division of Resolutions and Receiverships, (202) 898–7151 or jmarino@fdic.gov; or Joseph A. DiNuzzo, Counsel, Legal PO 00000 Frm 00001 Fmt 4700 Sfmt 4700 Division, (202) 898–7349 or jdinuzzo@fdic.gov. SUPPLEMENTARY INFORMATION: I. Background Upon the failure of an FDIC-insured depository institution, the FDIC must determine the total insured amount for each depositor. 12 U.S.C. 1821(f). To make this determination, the FDIC must ascertain the balances of all deposit accounts owned by the same depositor in the same ownership capacity at a failed institution as of the day of failure. A deposit account balance can be affected by transactions 1 presented during the day. A customer, a third party or the depository institution can initiate a deposit account transaction. All depository institutions process and post these deposit account transactions according to a predetermined set of rules to determine whether to include a deposit account transaction either in that day’s end-of-day ledger balances or in a subsequent day’s balances. These rules establish cutoff times that vary by institution and by type of deposit account transaction—for example, check clearing, Fedwire, ATM, and teller transactions. Institutions post transactions initiated before the respective cutoff time as part of that day’s business and generally post transactions initiated after the cutoff time the following business day. Further, institutions automatically execute prearranged ‘‘sweep’’ instructions affecting deposit and other liability balances at various points throughout the day. The cutoff rules for posting deposit account transactions and the prearranged automated instructions define the end-of-day balance for each deposit account on any given business day.2 In the past, the FDIC usually took over an institution as receiver after it had closed on a Friday. For institutions with 1 A deposit account transaction, such as deposits, withdrawals, transfers and payments, causes funds to be debited from or credited to the account. 2 Some depository institutions operate ‘‘realtime’’ deposit systems in which some deposit account transactions are posted throughout the business day. Most depository institutions, however, process at least some deposit account transactions in a ‘‘batch mode,’’ where deposit account transactions presented before the cutoff time are posted that evening or in the early morning hours of the following day. With either system— batch or real-time—the institution calculates a close-of-business deposit balance for each deposit account on each business day. E:\FR\FM\02FER1.SGM 02FER1

Agencies

[Federal Register Volume 74, Number 20 (Monday, February 2, 2009)]
[Rules and Regulations]
[Page 5797]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-2179]



========================================================================
Rules and Regulations
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains regulatory documents 
having general applicability and legal effect, most of which are keyed 
to and codified in the Code of Federal Regulations, which is published 
under 50 titles pursuant to 44 U.S.C. 1510.

The Code of Federal Regulations is sold by the Superintendent of Documents. 
Prices of new books are listed in the first FEDERAL REGISTER issue of each 
week.

========================================================================


Federal Register / Vol. 74, No. 20 / Monday, February 2, 2009 / Rules 
and Regulations

[[Page 5797]]



NUCLEAR REGULATORY COMMISSION

10 CFR Chapter I

[NRC-2006-0011]
RIN 3150-AH84


Notification of Impending Waiver Termination

AGENCY: Nuclear Regulatory Commission.

ACTION: Notice of impending waiver termination.

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

SUMMARY: Section 651(e) of the Energy Policy Act of 2005 (EPAct) 
authorized the U.S. Nuclear Regulatory Commission (Commission or NRC) 
to issue a time-limited waiver (70 FR 51581; August 31, 2005) to allow 
continued use and possession of naturally-occurring and accelerator-
produced radioactive materials (NARM) while the Commission developed a 
regulatory framework for regulation of the new byproduct material. The 
Commission has begun terminating the time-limited waiver in phases in 
accordance to the provisions of the ``Plan for the Transition of 
Regulatory Authority Resulting from the Expanded Definition of 
Byproduct Material'' (transition plan) issued by the Commission on 
October 19, 2007 (72 FR 59157). The first phase of waiver terminations 
occurred on November 30, 2007 (72 FR 68043), and the second phase 
occurred on September 30, 2008 (73 FR 14376).
    This document provides advance notification that on August 7, 2009, 
the Commission will terminate the time-limited waivers for all 
remaining non-Agreement States and Canadian licenses that are under NRC 
jurisdiction.
    Alaska, Connecticut, Hawaii, Michigan, New Jersey, and Virginia.
    As provided in the transition plan, for existing NRC licensees, 
NARM use amendments are required within 6 months from the date of 
waiver termination. For NARM users in non-Agreement States and Canadian 
licensees without a NRC license, the license applications are required 
within 12 months from the date waiver termination.

FOR FURTHER INFORMATION CONTACT: Shirley Xu, Office of Federal and 
State Materials and Environmental Management Programs, U.S. Nuclear 
Regulatory Commission, Washington, DC 20555-0001, telephone (301) 415-
7640 or e-mail Shirley.xu@nrc.gov.

    Dated at Rockville, Maryland, this 26th day of January 2009.

    For the Nuclear Regulatory Commission.
Annette L. Vietti-Cook,
Secretary of the Commission.
[FR Doc. E9-2179 Filed 1-30-09; 8:45 am]
BILLING CODE 7590-01-P
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