Interest Rates, 14837 [E9-7315]

Download as PDF Federal Register / Vol. 74, No. 61 / Wednesday, April 1, 2009 / Notices of investors and the public interest. Therefore, the Commission designates the proposal operative upon filing. At any time within 60 days of the filing of the proposed rule change, the Commission may summarily abrogate such rule change if it appears to the Commission that such action is necessary or appropriate in the public interest, for the protection of investors, or otherwise in furtherance of the purposes of the Act. IV. Solicitation of Comments Interested persons are invited to submit written data, views, and arguments concerning the foregoing, including whether the proposed rule change is consistent with the Act. Comments may be submitted by any of the following methods: Electronic Comments • Use the Commission’s Internet comment form (https://www.sec.gov/ rules/sro.shtml); or • Send an e-mail to rulecomments@sec.gov. Please include File Number SR–NYSEAmex–2009–02 on the subject line. comments received will be posted without change; the Commission does not edit personal identifying information from submissions. You should submit only information that you wish to make publicly available. All submissions should refer to File Number SR–NYSEAmex–2009–02 and should be submitted on or before April 22, 2009. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.18 Florence E. Harmon, Deputy Secretary. [FR Doc. E9–7217 Filed 3–31–09; 8:45 am] BILLING CODE SMALL BUSINESS ADMINISTRATION Interest Rates The Small Business Administration publishes an interest rate called the optional ‘‘peg’’ rate (13 CFR 120.214) on a quarterly basis. This rate is a weighted average cost of money to the government for maturities similar to the average SBA direct loan. This rate may be used as a base rate for guaranteed Paper Comments fluctuating interest rate SBA loans. This • Send paper comments in triplicate rate will be 3.375 (33⁄8) percent for the to Elizabeth M. Murphy, Secretary, April–June quarter of FY 2009. Securities and Exchange Commission, Pursuant to 13 CFR 120.921(b), the 100 F Street, NE., Washington, DC maximum legal interest rate for any 20549–1090. third party lender’s commercial loan All submissions should refer to File which funds any portion of the cost of Number SR–NYSEAmex–2009–02. This a 504 project (see 13 CFR 120.801) shall file number should be included on the be 6% over the New York Prime rate or, subject line if e-mail is used. To help the if that exceeds the maximum interest Commission process and review your rate permitted by the constitution or comments more efficiently, please use laws of a given State, the maximum only one method. The Commission will interest rate will be the rate permitted post all comments on the Commission’s by the constitution or laws of the given Internet Web site (https://www.sec.gov/ State. rules/sro.shtml). Copies of the Grady B. Hedgespeth, submission, all subsequent Director, Office of Financial Assistance. amendments, all written statements [FR Doc. E9–7315 Filed 3–31–09; 8:45 am] with respect to the proposed rule BILLING CODE 8025–01–P change that are filed with the Commission, and all written communications relating to the DEPARTMENT OF TRANSPORTATION proposed rule change between the Commission and any person, other than Office of the Secretary those that may be withheld from the public in accordance with the Providing Guidance on Airline provisions of 5 U.S.C. 552, will be Baggage Liability and Responsibilities available for inspection and copying in of Code Share Partners Involving the Commission’s Public Reference International Itineraries Room, 100 F Street, NE., Washington, DC 20549, on official business days AGENCY: Office of the Secretary, between the hours of 10 a.m. and 3 p.m. Department of Transportation. Copies of such filing also will be ACTION: Notice. available for inspection and copying at the principal office of the Exchange. All SUMMARY: The Department is publishing the following notice on Airline Baggage proposed rule’s impact on efficiency, competition, and capital formation. See 15 U.S.C. 78c(f). VerDate Nov<24>2008 17:46 Mar 31, 2009 Jkt 217001 18 17 PO 00000 CFR 200.30–3(a)(12). Frm 00071 Fmt 4703 Sfmt 4703 14837 Liability and Responsibilities of Code Share Partners Involving International Itineraries. FOR FURTHER INFORMATION CONTACT: Nicholas Lowry, Attorney, Office of Aviation Enforcement and Proceedings (C–70), 1200 New Jersey Ave., SE.,Washington, DC 20590, (202) 366– 9349. This notice is intended to give guidance to U.S. and foreign air carriers on two tariff matters: First, tariffs relating to liability for lost, stolen, delayed or damaged baggage carried on international itineraries; and second, tariffs that appear to assign responsibility, in code-share service, to the operating carrier rather than the selling carrier (i.e., the carrier shown on the ticket). We have become aware of tariff provisions filed by several carriers that attempt, with respect to checked baggage, to exclude certain items, generally high-cost or fragile items such as electronics, cameras, jewelry or antiques, from liability for damage, delay, loss or theft. A typical provision found in carrier tariffs and disclosed on carrier Web sites states that the carrier does not assume liability for loss, damage, or delay of ‘‘certain specific items, including: * * * antiques, documents, electronic equipment, film, jewelry, keys, manuscripts, medication, money, paintings, photographs * * *.’’ Such exclusions, while not prohibited in domestic contracts of carriage, are in contravention of Article 17 of the Montreal Convention (Convention),1 as revised on May 28, 1999. Article 17 provides that carriers are liable for damaged or lost baggage if the ‘‘destruction, loss or damage’’ occurred while the checked baggage was within the custody of the carrier, except to the extent that the damage ‘‘resulted from the inherent defect, quality or vice of the baggage.’’ 2 Article 19 provides that a carrier is liable for damage caused by delay in the carriage of baggage, except to the extent that it proves that it took all reasonable measures to prevent the damage or that it was impossible to take such measures. Although carriers may wish to have tariff terms that prohibit passengers from including certain items in checked baggage, once a carrier accepts checked baggage, whatever is contained in the checked baggage is protected, subject to the terms of the 1 Convention for the Unification of Certain Rules for International Carriage by Air, adopted on May 28, 1999 at Montreal. 2 The quoted language might absolve a carrier from liability for a fragile item that is damaged during transport. It would not absolve the carrier from liability for the item’s loss or theft. E:\FR\FM\01APN1.SGM 01APN1

Agencies

[Federal Register Volume 74, Number 61 (Wednesday, April 1, 2009)]
[Notices]
[Page 14837]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-7315]


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SMALL BUSINESS ADMINISTRATION


Interest Rates

    The Small Business Administration publishes an interest rate called 
the optional ``peg'' rate (13 CFR 120.214) on a quarterly basis. This 
rate is a weighted average cost of money to the government for 
maturities similar to the average SBA direct loan. This rate may be 
used as a base rate for guaranteed fluctuating interest rate SBA loans. 
This rate will be 3.375 (3\3/8\) percent for the April-June quarter of 
FY 2009.
    Pursuant to 13 CFR 120.921(b), the maximum legal interest rate for 
any third party lender's commercial loan which funds any portion of the 
cost of a 504 project (see 13 CFR 120.801) shall be 6% over the New 
York Prime rate or, if that exceeds the maximum interest rate permitted 
by the constitution or laws of a given State, the maximum interest rate 
will be the rate permitted by the constitution or laws of the given 
State.

Grady B. Hedgespeth,
Director, Office of Financial Assistance.
[FR Doc. E9-7315 Filed 3-31-09; 8:45 am]
BILLING CODE 8025-01-P
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