California Disaster #CA-00263, 15410 [2017-06031]

Download as PDF 15410 Federal Register / Vol. 82, No. 58 / Tuesday, March 28, 2017 / Notices sradovich on DSK3GMQ082PROD with NOTICES and any principal underwriter for the Funds, and/or any broker or dealer registered under the Exchange Act, to sell shares to Funds of Funds beyond the limits of section 12(d)(1)(B) of the Act. The application’s terms and conditions are designed to, among other things, help prevent any potential (i) undue influence over a Fund through control or voting power, or in connection with certain services, transactions, and underwritings, (ii) excessive layering of fees, and (iii) overly complex fund structures, which are the concerns underlying the limits in sections 12(d)(1)(A) and (B) of the Act. 8. Applicants request an exemption from sections 17(a)(1) and 17(a)(2) of the Act to permit persons that are Affiliated Persons, or Second Tier Affiliates, of the Funds, solely by virtue of certain ownership interests, to effectuate purchases and redemptions in-kind. The deposit procedures for in-kind purchases of Creation Units and the redemption procedures for in-kind redemptions of Creation Units will be the same for all purchases and redemptions and Deposit Instruments and Redemption Instruments will be valued in the same manner as those Portfolio Holdings currently held by the Funds. Applicants also seek relief from the prohibitions on affiliated transactions in section 17(a) to permit a Fund to sell its shares to and redeem its shares from a Fund of Funds, and to engage in the accompanying in-kind transactions with the Fund of Funds.2 The purchase of Creation Units by a Fund of Funds directly from a Fund will be accomplished in accordance with the policies of the Fund of Funds and will be based on the NAVs of the Funds. 9. Applicants also request relief to permit a Feeder Fund to acquire shares of another registered investment company managed by the Adviser having substantially the same investment objectives as the Feeder Fund (‘‘Master Fund’’) beyond the limitations in section 12(d)(1)(A) and permit the Master Fund, and any principal underwriter for the Master Fund, to sell shares of the Master Fund to the Feeder Fund beyond the limitations in section 12(d)(1)(B). 2 The requested relief would apply to direct sales of shares in Creation Units by a Fund to a Fund of Funds and redemptions of those shares. Applicants, moreover, are not seeking relief from section 17(a) for, and the requested relief will not apply to, transactions where a Fund could be deemed an Affiliated Person, or a Second-Tier Affiliate, of a Fund of Funds because an Adviser or an entity controlling, controlled by or under common control with an Adviser provides investment advisory services to that Fund of Funds. VerDate Sep<11>2014 17:14 Mar 27, 2017 Jkt 241001 10. Section 6(c) of the Act permits the Commission to exempt any persons or transactions from any provision of the Act if such exemption is necessary or appropriate in the public interest and consistent with the protection of investors and the purposes fairly intended by the policy and provisions of the Act. Section 12(d)(1)(J) of the Act provides that the Commission may exempt any person, security, or transaction, or any class or classes of persons, securities, or transactions, from any provision of section 12(d)(1) if the exemption is consistent with the public interest and the protection of investors. Section 17(b) of the Act authorizes the Commission to grant an order permitting a transaction otherwise prohibited by section 17(a) if it finds that (a) the terms of the proposed transaction are fair and reasonable and do not involve overreaching on the part of any person concerned; (b) the proposed transaction is consistent with the policies of each registered investment company involved; and (c) the proposed transaction is consistent with the general purposes of the Act. For the Commission, by the Division of Investment Management, under delegated authority. Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2017–06085 Filed 3–27–17; 8:45 am] BILLING CODE 8011–01–P SMALL BUSINESS ADMINISTRATION [Disaster Declaration #15092 and #15093] California Disaster #CA–00263 U.S. Small Business Administration. ACTION: Notice. AGENCY: This is a notice of an Administrative declaration of a disaster for the State of California dated 03/20/ 2017. Incident: Severe Storms and Flooding. Incident Period: 02/01/2017 through 02/25/2017. DATES: Effective Date: 03/20/2017. Physical Loan Application Deadline Date: 05/19/2017. Economic Injury (EIDL) Loan Application Deadline Date: 12/20/2017. ADDRESSES: Submit completed loan applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, SUMMARY: PO 00000 Frm 00097 Fmt 4703 Sfmt 4703 409 3rd Street SW., Suite 6050, Washington, DC 20416. SUPPLEMENTARY INFORMATION: Notice is hereby given that as a result of the Administrator’s disaster declaration, applications for disaster loans may be filed at the address listed above or other locally announced locations. The following areas have been determined to be adversely affected by the disaster: Primary Counties: Colusa, Lake, Lassen, Plumas, Santa Clara, Santa Cruz. Contiguous Counties: California: Alameda, Butte, Glenn, Mendocino, Merced, Modoc, Monterey, Napa, San Benito, San Joaquin, San Mateo, Shasta, Sierra, Sonoma, Stanislaus, Sutter, Tehama, Yolo, Yuba. Nevada: Washoe. The Interest Rates are: Percent For Physical Damage: Homeowners with Credit Available Elsewhere ...................... Homeowners without Credit Available Elsewhere .............. Businesses with Credit Available Elsewhere ...................... Businesses without Credit Available Elsewhere .............. Non-Profit Organizations with Credit Available Elsewhere ... Non-Profit Organizations without Credit Available Elsewhere ..................................... For Economic Injury: Businesses & Small Agricultural Cooperatives without Credit Available Elsewhere .............. Non-Profit Organizations without Credit Available Elsewhere ..................................... 3.750 1.875 6.300 3.150 2.500 2.500 3.150 2.500 The number assigned to this disaster for physical damage is 15092 6 and for economic injury is 15093 0. The States which received an EIDL Declaration # are California, Nevada. (Catalog of Federal Domestic Assistance Number 59008) Dated: March 20, 2017. Linda E. McMahon, Administrator. [FR Doc. 2017–06031 Filed 3–27–17; 8:45 am] BILLING CODE 8025–01–P SMALL BUSINESS ADMINISTRATION [Disaster Declaration #15090 and #15091] Kentucky Disaster #KY–00064 U.S. Small Business Administration. ACTION: Notice. AGENCY: E:\FR\FM\28MRN1.SGM 28MRN1

Agencies

[Federal Register Volume 82, Number 58 (Tuesday, March 28, 2017)]
[Notices]
[Page 15410]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-06031]


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 SMALL BUSINESS ADMINISTRATION

[Disaster Declaration #15092 and #15093]


California Disaster #CA-00263

AGENCY: U.S. Small Business Administration.

ACTION: Notice.

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SUMMARY: This is a notice of an Administrative declaration of a 
disaster for the State of California dated 03/20/2017.
    Incident: Severe Storms and Flooding.
    Incident Period: 02/01/2017 through 02/25/2017.

DATES: Effective Date: 03/20/2017.
    Physical Loan Application Deadline Date: 05/19/2017.
    Economic Injury (EIDL) Loan Application Deadline Date: 12/20/2017.

ADDRESSES: Submit completed loan applications to: U.S. Small Business 
Administration, Processing and Disbursement Center, 14925 Kingsport 
Road, Fort Worth, TX 76155.

FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster 
Assistance, U.S. Small Business Administration, 409 3rd Street SW., 
Suite 6050, Washington, DC 20416.

SUPPLEMENTARY INFORMATION: Notice is hereby given that as a result of 
the Administrator's disaster declaration, applications for disaster 
loans may be filed at the address listed above or other locally 
announced locations.
    The following areas have been determined to be adversely affected 
by the disaster:

Primary Counties: Colusa, Lake, Lassen, Plumas, Santa Clara, Santa 
Cruz.
Contiguous Counties:
    California: Alameda, Butte, Glenn, Mendocino, Merced, Modoc, 
Monterey, Napa, San Benito, San Joaquin, San Mateo, Shasta, Sierra, 
Sonoma, Stanislaus, Sutter, Tehama, Yolo, Yuba.
    Nevada: Washoe.

    The Interest Rates are:

------------------------------------------------------------------------
                                                                Percent
------------------------------------------------------------------------
For Physical Damage:
  Homeowners with Credit Available Elsewhere.................      3.750
  Homeowners without Credit Available Elsewhere..............      1.875
  Businesses with Credit Available Elsewhere.................      6.300
  Businesses without Credit Available Elsewhere..............      3.150
  Non-Profit Organizations with Credit Available Elsewhere...      2.500
  Non-Profit Organizations without Credit Available Elsewhere      2.500
For Economic Injury:
  Businesses & Small Agricultural Cooperatives without Credit      3.150
   Available Elsewhere.......................................
  Non-Profit Organizations without Credit Available Elsewhere      2.500
------------------------------------------------------------------------

    The number assigned to this disaster for physical damage is 15092 6 
and for economic injury is 15093 0.
    The States which received an EIDL Declaration # are California, 
Nevada.

(Catalog of Federal Domestic Assistance Number 59008)

    Dated: March 20, 2017.
Linda E. McMahon,
Administrator.
[FR Doc. 2017-06031 Filed 3-27-17; 8:45 am]
BILLING CODE 8025-01-P