Agency Information Collection Activities: Information Collection Renewal; Comment Request; Securities Offering Disclosure Rules, 3105-3106 [2020-00673]
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Federal Register / Vol. 85, No. 12 / Friday, January 17, 2020 / Notices
Convention (Convention).1 The
adjustments affect limits on liability for
damages for passenger death or injury,
delay in the carriage of passengers, and
the loss, delay or damage to baggage or
cargo, increasing those limits by nearly
14 percent. This increase became
effective on December 28, 2019. The
U.S. and foreign air carriers affected by
these changes to the Convention include
those providing international carriage
between countries that, like the United
States, are parties to the Convention,
and that provide roundtrip foreign air
transportation that originates and
terminates in the United States.
The liability limits are set out in
Articles 21 and 22 of the Convention.
Under Article 24 of the Convention, the
International Civil Aviation
Organization (ICAO) reviews the
liability limits in Articles 21 and 22
Strict liability for death
or bodily injury to
passengers
Limit as of Dec. 28, 2019 ...............................
I 128 821 SDRs ........... I 5 346 SDRs ...............
Pursuant to the terms of Article 24 in
the Convention, the increased limits
become effective six months following
the June 28 notice referred to above, or
December 28, 2019. Carriers should,
therefore, revise their contracts of
carriage, tariffs, required notices, and
practices to conform to the Convention’s
requirements. Failure to implement in a
timely manner the revised liability
limits and required notices would, in
the view of the Department’s Office of
Aviation Enforcement and Proceedings,
constitute an unfair 4 or deceptive 5
practice and unfair method of
competition in violation of 49 U.S.C.
41712. This disclosure notice also
extends to ticket agents and indirect air
carriers.6
Issued this 10th day of January, 2020, in
Washington, DC.
Blane A. Workie,
Assistant General Counsel for Aviation
Enforcement and Proceedings, U.S.
Department of Transportation.
[FR Doc. 2020–00713 Filed 1–16–20; 8:45 am]
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1 Convention for the Unification of Certain Rules
for International Carriage by Air, done at Montreal
on May 28, 1999.
2 Article 24 of the Convention provides that the
limits of liability shall be reviewed by ICAO at fiveyear intervals and adjusted ‘‘by reference to an
inflation factor which corresponds to the
accumulated rate of inflation since the previous
revision. . . .’’ During its second review in 2014,
ICAO concluded that it was not necessary to
increase liability limits at the time. Thus, the
inflation adjustments to the liability limits in
Articles 21 and 22 announced in this Notice are the
most recent increases since 2009.
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Delay in the carriage
of passengers
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Information Collection
Renewal; Comment Request;
Securities Offering Disclosure Rules
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:
The OCC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites the
general public and other Federal
agencies to take this opportunity to
comment on a continuing information
collection as required by the Paperwork
Reduction Act of 1995 (PRA).
An agency may not conduct or
sponsor, and the respondent is not
required to respond to, an information
collection unless it displays a currently
valid Office of Management and Budget
(OMB) control number.
The OCC is soliciting comment
concerning the renewal of an
information collection titled ‘‘Securities
Offering Disclosure Rules.’’
DATES: Comments must be submitted on
or before March 17, 2020.
ADDRESSES: Commenters are encouraged
to submit comments by email, if
possible.
SUMMARY:
3 The SDR, an international reserve asset, is a
defined basket of major currencies periodically
reviewed by the International Monetary Fund to
reflect the relative importance of the constituent
currencies.
4 We consider a practice to be unfair if it is likely
to cause substantial injury to consumers which is
not reasonably avoidable by consumers themselves
and not outweighed by countervailing benefits to
consumers or to competition.
5 We consider a practice to be deceptive where:
(1) A representation, omission, or practice misleads
or is likely to mislead the consumer; (2) a
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every five years in light of inflation that
has occurred during that period.2 In a
June 28, 2019, notice, the Secretary
General of ICAO advised parties to the
Convention of revisions required
pursuant to this review. The revised
liability limits effective December 28,
2019 (stated in Special Drawing Rights
(SDRs)) are as follows: 3
Destruction, loss,
damage or delay of
baggage per
passenger
1 288 SDRs ...............
Destruction, loss,
damage, or delay of
cargo
22 SDRs.
You may submit comments by any of
the following methods:
• Email: prainfo@occ.treas.gov.
• Mail: Chief Counsel’s Office,
Attention: Comment Processing, 1557–
0120, Office of the Comptroller of the
Currency, 400 7th Street SW, Suite 3E–
218, Washington, DC 20219.
• Hand Delivery/Courier: 400 7th
Street SW, Suite 3E–218, Washington,
DC 20219.
• Fax: (571) 465–4326.
Instructions: You must include
‘‘OCC’’ as the agency name and ‘‘1557–
0120’’ in your comment. In general, the
OCC will publish comments on
www.reginfo.gov without change,
including any business or personal
information provided, such as name and
address information, email addresses, or
phone numbers. Comments received,
including attachments and other
supporting materials, are part of the
public record and subject to public
disclosure. Do not include any
information in your comment or
supporting materials that you consider
confidential or inappropriate for public
disclosure.
You may review comments and other
related materials that pertain to this
information collection beginning on the
date of publication of the second notice
for this collection 1 by any of the
following methods:
• Viewing Comments Electronically:
Go to www.reginfo.gov. Click on the
consumer’s interpretation of the representation,
omission, or practice is considered reasonable
under the circumstances; and (3) the misleading
representation, omission, or practice is material.
6 Indirect air carrier and foreign indirect air
carrier mean a person or entity that, as a principal,
holds out, sells, or arranges air transportation and
separately contracts with direct air carriers and/or
foreign direct air carriers. 14 CFR 295.5.
1 Following the close of this notice’s 60-day
comment period, the OCC will publish a second
notice with a 30-day comment period.
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3106
Federal Register / Vol. 85, No. 12 / Friday, January 17, 2020 / Notices
‘‘Information Collection Review’’ tab.
Underneath the ‘‘Currently under
Review’’ section heading, from the dropdown menu select ‘‘Department of
Treasury’’ and then click ‘‘submit.’’ This
information collection can be located by
searching by OMB control number
‘‘1557–0120’’ or ‘‘Securities Offering
Disclosure Rules.’’ Upon finding the
appropriate information collection, click
on the related ‘‘ICR Reference Number.’’
On the next screen, select ‘‘View
Supporting Statement and Other
Documents’’ and then click on the link
to any comment listed at the bottom of
the screen.
• For assistance in navigating
www.reginfo.gov, please contact the
Regulatory Information Service Center
at (202) 482–7340.
• Viewing Comments Personally: You
may personally inspect comments at the
OCC, 400 7th Street SW, Washington,
DC. For security reasons, the OCC
requires that visitors make an
appointment to inspect comments. You
may do so by calling (202) 649–6700 or,
for persons who are deaf or hearing
impaired, TTY, (202) 649–5597. Upon
arrival, visitors will be required to
present valid government-issued photo
identification and submit to security
screening in order to inspect comments.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, OCC Clearance
Officer, (202) 649–5490 or, for persons
who are deaf or hearing impaired, TTY,
(202) 649–5597, Chief Counsel’s Office,
Office of the Comptroller of the
Currency, 400 7th Street SW,
Washington, DC 20219.
SUPPLEMENTARY INFORMATION: Under the
PRA (44 U.S.C. 3501 et seq.), Federal
agencies must obtain approval from the
OMB for each collection of information
that they conduct or sponsor.
‘‘Collection of information’’ is defined
in 44 U.S.C. 3502(3) and 5 CFR
1320.3(c) to include agency requests or
requirements that members of the public
submit reports, keep records, or provide
information to a third party. Section
3506(c)(2)(A) of title 44 requires Federal
agencies to provide a 60-day notice in
the Federal Register concerning each
proposed collection of information,
including each proposed extension of an
existing collection of information,
before submitting the collection to OMB
for approval. To comply with this
requirement, the OCC is publishing
notice of the renewal of this collection
of information.
Title: Securities Offering Disclosure
Rules.
OMB Control No.: 1557–0120.
Type of Review: Regular.
Description: Twelve CFR part 16
governs the offer and sale of securities
VerDate Sep<11>2014
18:20 Jan 16, 2020
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by national banks and Federal savings
associations. The requirements in part
16 enable the OCC to perform its
responsibility to ensure that the
investing public has information about
the condition of the offering institution,
the reasons for raising new capital, and
the terms of the offering.
Affected Public: Businesses or other
for-profit.
Burden Estimates:
Estimated Number of Respondents:
43.
Estimated Annual Burden: 946 hours.
Frequency of Response: On occasion.
Comments: Comments submitted in
response to this notice will be
summarized and included in the request
for OMB approval. All comments will
become a matter of public record.
Comments are invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
OCC, including whether the information
has practical utility;
(b) The accuracy of the OCC’s
estimate of the information collection
burden;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
the collection on respondents, including
through the use of automated collection
techniques or other forms of information
technology; and
(e) Estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
on the website of the Department of the
Treasury (Treasury), and to request
public comments on the application
from interested parties, including
participants and beneficiaries, employee
organizations, and contributing
employers of the Fund.
DATES: Comments must be received by
March 2, 2020.
ADDRESSES: You may submit comments
electronically through the Federal
eRulemaking Portal at https://
www.regulations.gov, in accordance
with the instructions on that site.
Electronic submissions through
www.regulations.gov are encouraged.
Comments may also be mailed to the
Department of the Treasury, MPRA
Office, 1500 Pennsylvania Avenue NW,
Room 1224, Washington, DC 20220,
Attn: Danielle Norris. Comments sent
via facsimile or email will not be
accepted.
Additional Instructions. All
comments received, including
attachments and other supporting
materials, will be made available to the
public. Do not include any personally
identifiable information (such as your
Social Security number, name, address,
or other contact information) or any
other information in your comment or
supporting materials that you do not
want publicly disclosed. Treasury will
make comments available for public
inspection and copying on
www.regulations.gov or upon request.
Comments posted on the internet can be
retrieved by most internet search
engines.
Dated: January 10, 2020.
Theodore J. Dowd,
Deputy Chief Counsel, Office of the
Comptroller of the Currency.
FOR FURTHER INFORMATION CONTACT:
[FR Doc. 2020–00673 Filed 1–16–20; 8:45 am]
For
information regarding the application
from the Fund, please contact Treasury
at (202) 622–1534 (not a toll-free
number).
BILLING CODE 4810–33–P
SUPPLEMENTARY INFORMATION:
DEPARTMENT OF THE TREASURY
Multiemployer Pension Plan
Application To Reduce Benefits
Department of the Treasury.
Notice of availability; request
for comments.
AGENCY:
ACTION:
The Board of Trustees of the
American Federation of Musicians &
Employers Pension Fund (Fund), a
multiemployer pension plan, has
submitted an application to reduce
benefits under the plan in accordance
with the Multiemployer Pension Reform
Act of 2014 (MPRA). The purpose of
this notice is to announce that the
application submitted by the Board of
Trustees of the Fund has been published
SUMMARY:
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MPRA
amended the Internal Revenue Code to
permit a multiemployer plan that is
projected to have insufficient funds to
reduce pension benefits payable to
participants and beneficiaries if certain
conditions are satisfied. In order to
reduce benefits, the plan sponsor is
required to submit an application to the
Secretary of the Treasury, which must
be approved or denied in consultation
with the Pension Benefit Guaranty
Corporation (PBGC) and the Department
of Labor.
On December 30, 2019, the Board of
Trustees of the Fund submitted an
application for approval to reduce
benefits under the plan. As required by
MPRA, that application has been
published on Treasury’s website at
https://www.treasury.gov/services/
Pages/Plan-Applications.aspx. Treasury
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]]>Agencies
[Federal Register Volume 85, Number 12 (Friday, January 17, 2020)]
[Notices]
[Pages 3105-3106]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-00673]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Information Collection
Renewal; Comment Request; Securities Offering Disclosure Rules
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The OCC, as part of its continuing effort to reduce paperwork
and respondent burden, invites the general public and other Federal
agencies to take this opportunity to comment on a continuing
information collection as required by the Paperwork Reduction Act of
1995 (PRA).
An agency may not conduct or sponsor, and the respondent is not
required to respond to, an information collection unless it displays a
currently valid Office of Management and Budget (OMB) control number.
The OCC is soliciting comment concerning the renewal of an
information collection titled ``Securities Offering Disclosure Rules.''
DATES: Comments must be submitted on or before March 17, 2020.
ADDRESSES: Commenters are encouraged to submit comments by email, if
possible.
You may submit comments by any of the following methods:
Email: [email protected].
Mail: Chief Counsel's Office, Attention: Comment
Processing, 1557-0120, Office of the Comptroller of the Currency, 400
7th Street SW, Suite 3E-218, Washington, DC 20219.
Hand Delivery/Courier: 400 7th Street SW, Suite 3E-218,
Washington, DC 20219.
Fax: (571) 465-4326.
Instructions: You must include ``OCC'' as the agency name and
``1557-0120'' in your comment. In general, the OCC will publish
comments on www.reginfo.gov without change, including any business or
personal information provided, such as name and address information,
email addresses, or phone numbers. Comments received, including
attachments and other supporting materials, are part of the public
record and subject to public disclosure. Do not include any information
in your comment or supporting materials that you consider confidential
or inappropriate for public disclosure.
You may review comments and other related materials that pertain to
this information collection beginning on the date of publication of the
second notice for this collection \1\ by any of the following methods:
---------------------------------------------------------------------------
\1\ Following the close of this notice's 60-day comment period,
the OCC will publish a second notice with a 30-day comment period.
---------------------------------------------------------------------------
Viewing Comments Electronically: Go to www.reginfo.gov.
Click on the
[[Page 3106]]
``Information Collection Review'' tab. Underneath the ``Currently under
Review'' section heading, from the drop-down menu select ``Department
of Treasury'' and then click ``submit.'' This information collection
can be located by searching by OMB control number ``1557-0120'' or
``Securities Offering Disclosure Rules.'' Upon finding the appropriate
information collection, click on the related ``ICR Reference Number.''
On the next screen, select ``View Supporting Statement and Other
Documents'' and then click on the link to any comment listed at the
bottom of the screen.
For assistance in navigating www.reginfo.gov, please
contact the Regulatory Information Service Center at (202) 482-7340.
Viewing Comments Personally: You may personally inspect
comments at the OCC, 400 7th Street SW, Washington, DC. For security
reasons, the OCC requires that visitors make an appointment to inspect
comments. You may do so by calling (202) 649-6700 or, for persons who
are deaf or hearing impaired, TTY, (202) 649-5597. Upon arrival,
visitors will be required to present valid government-issued photo
identification and submit to security screening in order to inspect
comments.
FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, OCC Clearance
Officer, (202) 649-5490 or, for persons who are deaf or hearing
impaired, TTY, (202) 649-5597, Chief Counsel's Office, Office of the
Comptroller of the Currency, 400 7th Street SW, Washington, DC 20219.
SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501 et seq.),
Federal agencies must obtain approval from the OMB for each collection
of information that they conduct or sponsor. ``Collection of
information'' is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to
include agency requests or requirements that members of the public
submit reports, keep records, or provide information to a third party.
Section 3506(c)(2)(A) of title 44 requires Federal agencies to provide
a 60-day notice in the Federal Register concerning each proposed
collection of information, including each proposed extension of an
existing collection of information, before submitting the collection to
OMB for approval. To comply with this requirement, the OCC is
publishing notice of the renewal of this collection of information.
Title: Securities Offering Disclosure Rules.
OMB Control No.: 1557-0120.
Type of Review: Regular.
Description: Twelve CFR part 16 governs the offer and sale of
securities by national banks and Federal savings associations. The
requirements in part 16 enable the OCC to perform its responsibility to
ensure that the investing public has information about the condition of
the offering institution, the reasons for raising new capital, and the
terms of the offering.
Affected Public: Businesses or other for-profit.
Burden Estimates:
Estimated Number of Respondents: 43.
Estimated Annual Burden: 946 hours.
Frequency of Response: On occasion.
Comments: Comments submitted in response to this notice will be
summarized and included in the request for OMB approval. All comments
will become a matter of public record. Comments are invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the OCC, including whether the
information has practical utility;
(b) The accuracy of the OCC's estimate of the information
collection burden;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of the collection on respondents,
including through the use of automated collection techniques or other
forms of information technology; and
(e) Estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Dated: January 10, 2020.
Theodore J. Dowd,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
[FR Doc. 2020-00673 Filed 1-16-20; 8:45 am]
BILLING CODE 4810-33-P
