Disclosure to Shareholders, 58449 [2013-23370]

Download as PDF 58449 Rules and Regulations Federal Register Vol. 78, No. 185 Tuesday, September 24, 2013 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. FARM CREDIT ADMINISTRATION 12 CFR Part 620 Disclosure to Shareholders CFR Correction In Title 12 of the Code of Federal Regulations, Parts 600 to 899, revised as of January 1, 2013, on page 253, in § 620.5, paragraphs (i), (j) and (k) are removed and paragraphs (l), (m) and (n) are redesignated as (i), (j) and (k). [FR Doc. 2013–23370 Filed 9–23–13; 8:45 am] BILLING CODE 1505–01–D DEPARTMENT OF ENERGY modifications improve reliability either by extending applicability of the Reliability Standard to certain generator interconnection facilities, or by clarifying that the existing Reliability Standard is and remains applicable to generator interconnection facilities. The Commission also approves the related Violation Risk Factors and Violation Severity Levels, as well as the implementation plan and effective dates proposed by NERC. DATES: Effective Date: This rule will become effective November 25, 2013. FOR FURTHER INFORMATION CONTACT: Susan Morris (Technical Information), Office of Electric Reliability, Division of Reliability Standards and Security, Federal Energy Regulatory Commission, 888 First Street NE., Washington, DC 20426, (202) 502– 6803, susan.morris@ferc.gov. Julie Greenisen (Legal Information), Office of the General Counsel, Federal Energy Regulatory Commission, 888 First Street NE., Washington, DC 20426 (202) 502–6362, julie.greenisen@ferc.gov. SUPPLEMENTARY INFORMATION: 144 FERC ¶ 61,221 Federal Energy Regulatory Commission Order No. 785 18 CFR Part 40 Issued September 19, 2013 1. Pursuant to section 215 of the Federal Power Act (FPA),1 the Commission hereby approves modifications to four existing Reliability Standards submitted by the North American Electric Reliability Corporation (NERC), the Commission certified Electric Reliability Organization. Specifically, the Commission approves Reliability Standards FAC–001–1 (Facility Connection Requirements), FAC–003–3 (Transmission Vegetation Management), PRC–004–2.1a (Analysis and Mitigation of Transmission and Generation Protection System Misoperations), and PRC–005–1.1b (Transmission and Generation Protection System Maintenance and Testing). The modifications to these standards improve reliability either by extending their applicability to certain generator interconnection facilities, or by clarifying that the existing Reliability Standard is and remains applicable to Final Rule [Docket No. RM12–16–000; Order No. 785] Generator Requirements at the Transmission Interface Federal Energy Regulatory Commission. ACTION: Final rule. AGENCY: Pursuant to section 215 of the Federal Power Act, the Federal Energy Regulatory Commission (Commission) approves modifications to four existing Reliability Standards submitted by the North American Electric Reliability Corporation (NERC), the Commission certified Electric Reliability Organization. Specifically, the Commission approves Reliability Standards FAC–001–1 (Facility Connection Requirements), FAC–003–3 (Transmission Vegetation Management), PRC–004–2.1a (Analysis and Mitigation of Transmission and Generation Protection System Misoperations), and PRC–005–1.1b (Transmission and Generation Protection System Maintenance and Testing). The tkelley on DSK3SPTVN1PROD with RULES SUMMARY: VerDate Mar<15>2010 17:12 Sep 23, 2013 Jkt 229001 1 16 PO 00000 U.S.C. 824o (2006). Frm 00001 Fmt 4700 Sfmt 4700 generator interconnection facilities. The Commission also approves the related Violation Risk Factors and Violation Severity Levels, as well as the implementation plan and effective dates proposed by NERC. I. Background A. Regulatory Background—Section 215 of the FPA Section 215 of the FPA requires a Commission-certified Electric Reliability Organization (ERO) to develop mandatory and enforceable Reliability Standards, which are subject to Commission review and approval.2 Once approved, the Reliability Standards may be enforced either by the ERO (subject to Commission oversight), or by the Commission independently.3 In 2006, the Commission established a process to select and certify an ERO 4 and, subsequently, certified NERC as the ERO.5 In 2007, in Order No. 693, the Commission approved 83 Reliability Standards submitted by NERC, including initial versions of Reliability Standards FAC–001, FAC–003, PRC– 004, and PRC–005.6 Further, in Order No. 693, the Commission approved NERC’s compliance registry process, including NERC’s Statement of Compliance Registry Criteria (Registry Criteria), which describes how NERC and the Regional Entities 7 will identify the entities that should be registered for compliance with mandatory Reliability Standards.8 While that process allows a Regional Entity to register an entity over its objection, NERC’s Rules of Procedure provide a mechanism for NERC review 2 Id. 824o(c) and (d). id. 824o(e). 4 Rules Concerning Certification of the Electric Reliability Organization; and Procedures for the Establishment, Approval and Enforcement of Electric Reliability Standards, Order No. 672, FERC Stats. & Regs. ¶ 31,204, order on reh’g, Order No. 672–A, FERC Stats. & Regs. ¶ 31,212 (2006). 5 North American Electric Reliability Corp., 116 FERC ¶ 61,062, order on reh’g and compliance, 117 FERC ¶ 61,126 (2006), aff’d sub nom. Alcoa, Inc. v. FERC, 564 F.3d 1342 (D.C. Cir. 2009). 6 Mandatory Reliability Standards for the BulkPower System, Order No. 693, FERC Stats. & Regs. ¶ 31,242 (2007) (Order No. 693), order on reh’g, Order No. 693–A, 120 FERC ¶ 61,053 (2007). 7 NERC is authorized to delegate certain authority to regional entities as prescribed by FPA section 215(e)(4). See 16 U.S.C. 824o(e)(4). 8 Order No. 693, FERC Stats. & Regs. ¶ 31,242 at PP 92–95. The Commission has approved subsequent amendments to the Registry Criteria. See, e.g., North American Electric Reliability Corp., 122 FERC ¶ 61,101 (2008). 3 See E:\FR\FM\24SER1.SGM 24SER1

Agencies

[Federal Register Volume 78, Number 185 (Tuesday, September 24, 2013)]
[Rules and Regulations]
[Page 58449]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-23370]



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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.

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Federal Register / Vol. 78, No. 185 / Tuesday, September 24, 2013 / 
Rules and Regulations

[[Page 58449]]



FARM CREDIT ADMINISTRATION

12 CFR Part 620


Disclosure to Shareholders

CFR Correction

    In Title 12 of the Code of Federal Regulations, Parts 600 to 899, 
revised as of January 1, 2013, on page 253, in Sec.  620.5, paragraphs 
(i), (j) and (k) are removed and paragraphs (l), (m) and (n) are 
redesignated as (i), (j) and (k).

[FR Doc. 2013-23370 Filed 9-23-13; 8:45 am]
BILLING CODE 1505-01-D
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