Nomenclature Change for Position Title, 51274-51276 [2021-19793]
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51274
Federal Register / Vol. 86, No. 176 / Wednesday, September 15, 2021 / Rules and Regulations
Single-Employer Plans to prescribe
interest assumptions under the asset
allocation regulation for plans with
valuation dates in the fourth quarter of
2021. These interest assumptions are
used for valuing benefits under
terminating single-employer plans and
for other purposes.
DATES: Effective October 1, 2021.
FOR FURTHER INFORMATION CONTACT:
Hilary Duke (duke.hilary@pbgc.gov),
Assistant General Counsel for
Regulatory Affairs, Pension Benefit
Guaranty Corporation, 1200 K Street
NW, Washington, DC 20005, 202–229–
3839. (TTY users may call the Federal
relay service toll free at 1–800–877–
8339 and ask to be connected to 202–
229–3839.)
SUPPLEMENTARY INFORMATION: PBGC’s
regulation on Allocation of Assets in
Single-Employer Plans (29 CFR part
4044) prescribes actuarial
assumptions—including interest
assumptions—for valuing benefits under
terminating single-employer plans
covered by title IV of the Employee
Retirement Income Security Act of 1974
(ERISA). The interest assumptions in
the regulation are also published on
PBGC’s website (https://www.pbgc.gov).
PBGC uses the interest assumptions in
appendix B to part 4044 (‘‘Interest Rates
Used to Value Benefits’’) to determine
the present value of annuities in an
involuntary or distress termination of a
single-employer plan under the asset
allocation regulation. The assumptions
are also used to determine the value of
multiemployer plan benefits and certain
assets when a plan terminates by mass
withdrawal in accordance with PBGC’s
regulation on Duties of Plan Sponsor
Following Mass Withdrawal (29 CFR
part 4281).
The fourth quarter 2021 interest
assumptions will be 2.40 percent for the
first 20 years following the valuation
date and 2.11 percent thereafter. In
comparison with the interest
assumptions in effect for the third
quarter of 2021, these interest
assumptions represent a decrease of 5
years in the select period (the period
during which the select rate (the initial
rate) applies), an increase of 0.27
percent in the select rate, and a decrease
of 0.12 percent in the ultimate rate (the
final rate).
Need for Immediate Guidance
PBGC has determined that notice of,
and public comment on, this rule are
impracticable, unnecessary, and
contrary to the public interest. PBGC
routinely updates the interest
assumptions in appendix B of the asset
allocation regulation each quarter so
that they are available to value benefits.
Accordingly, PBGC finds that the public
interest is best served by issuing this
rule expeditiously, without an
opportunity for notice and comment,
and that good cause exists for making
the assumptions set forth in this
amendment effective less than 30 days
after publication to allow the use of the
proper assumptions to estimate the
value of plan benefits for plans with
valuation dates early in the fourth
quarter of 2021.
PBGC has determined that this action
is not a ‘‘significant regulatory action’’
under the criteria set forth in Executive
Order 12866.
Because no general notice of proposed
rulemaking is required for this
amendment, the Regulatory Flexibility
Act of 1980 does not apply. See 5 U.S.C.
601(2).
List of Subjects
29 CFR Part 4044
Employee benefit plans, Pension
insurance, Pensions.
In consideration of the foregoing, 29
CFR part 4044 is amended as follows:
PART 4044—ALLOCATION OF
ASSETS IN SINGLE-EMPLOYER
PLANS
1. The authority citation for part 4044
continues to read as follows:
■
Authority: 29 U.S.C. 1301(a), 1302(b)(3),
1341, 1344, 1362.
2. In appendix B to part 4044, add an
entry for ‘‘October–December 2021’’ at
the end of the table to read as follows:
■
Appendix B to Part 4044—Interest
Rates Used to Value Benefits
*
*
*
*
*
The values of it are:
For valuation dates occurring in the month—
it
*
*
*
October–December 2021 .................................................
Issued in Washington, DC, by
Hilary Duke,
Assistant General Counsel for Regulatory
Affairs, Pension Benefit Guaranty
Corporation.
DEPARTMENT OF VETERANS
AFFAIRS
khammond on DSKJM1Z7X2PROD with RULES
38 CFR Parts 8a and 36
1–20
*
0.0211
>20
*
0.0240
This rule is effective September
15, 2021.
DATES:
RIN 2900–AR09
FOR FURTHER INFORMATION CONTACT:
Nomenclature Change for Position
Title
Department of Veterans Affairs.
Final rule.
AGENCY:
15:50 Sep 14, 2021
for t =
The Department of Veterans
Affairs is amending its regulations to
revise the title of the ‘‘Director, Loan
Guaranty Service’’ to ‘‘Executive
Director, Loan Guaranty Service’’ and to
remove references to the position of
‘‘Deputy Under Secretary for Economic
Opportunity.’’ These amendments
reflect current agency organizational
structure and are necessary to ensure
consistency between the agency and its
regulations.
BILLING CODE 7709–02–P
VerDate Sep<11>2014
it
SUMMARY:
[FR Doc. 2021–19704 Filed 9–14–21; 8:45 am]
ACTION:
for t =
Jkt 253001
Stephanie Li, Chief of Regulations, Loan
Guaranty Service, (26A), Veterans
Benefits Administration, Department of
Veterans Affairs, 810 Vermont Avenue
NW, Washington, DC 20420, (202) 632–
PO 00000
Frm 00010
Fmt 4700
Sfmt 4700
it
*
for t =
*
N/A
N/A
8862. (This is not a toll-free telephone
number.)
A number
of VA regulations reference the
‘‘Director, Loan Guaranty Service’’, but
the title for this position has been
amended from ‘‘Director, Loan Guaranty
Service’’ to ‘‘Executive Director, Loan
Guaranty Service.’’ Also, certain VA
regulations reference the ‘‘Deputy Under
Secretary for Economic Opportunity,’’
but that position has been eliminated
within the Veterans Benefits
Administration. To ensure accuracy and
consistency between the agency and its
regulations, this final rule revises VA
regulations to reflect this nomenclature
change and organizational structure.
Additionally, VA notes that there is a
technical drafting error at
SUPPLEMENTARY INFORMATION:
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15SER1
Federal Register / Vol. 86, No. 176 / Wednesday, September 15, 2021 / Rules and Regulations
§ 36.4345(b)(1) in which paragraph level
(iv) is used twice. This final rule
corrects that error.
Administrative Procedure Act
This final rule concerns only agency
organization, procedure, or practice and,
therefore, is not subject to the notice
and comment provisions of 5 U.S.C.
553(b). See 38 U.S.C. 553(b)(A).
Specifically, this final rule consists of
amendments reflecting agency
organization, revising the title of one
position and removing the reference to
another eliminated position. VA has
also determined that there is good cause
to make this final rule effective on the
date of publication under 5 U.S.C.
553(d)(3). As the agency has already
adapted to the above noted
organizational amendments, delaying
the effective date is unnecessary.
Executive Orders 12866 and 13563
Executive Orders 12866 and 13563
direct agencies to assess the costs and
benefits of available regulatory
alternatives and, when regulation is
necessary, to select regulatory
approaches that maximize net benefits
(including potential economic,
environmental, public health and safety
effects, and other advantages;
distributive impacts; and equity).
Executive Order 13563 (Improving
Regulation and Regulatory Review)
emphasizes the importance of
quantifying both costs and benefits,
reducing costs, harmonizing rules, and
promoting flexibility. The Office of
Information and Regulatory Affairs has
determined that this rule is not a
significant regulatory action under
Executive Order 12866. The Regulatory
Impact Analysis associated with this
rulemaking can be found as a
supporting document at
www.regulations.gov.
khammond on DSKJM1Z7X2PROD with RULES
Regulatory Flexibility Act
The Regulatory Flexibility Act, 5
U.S.C. 601 et seq. (RFA), imposes
certain requirements on Federal agency
rules that are subject to the notice and
comment requirements of the
Administrative Procedure Act (APA), 5
U.S.C. 553(b). This final rule pertains to
agency organization, which the APA
expressly exempts from notice and
comment rulemaking requirements
under 5 U.S.C. 553(b)(A). Therefore, the
requirements of the RFA applicable to
notice and comment rulemaking do not
apply to this rule. Accordingly, the
Department is not required either to
certify that the final rule would not have
a significant economic impact on a
substantial number of small entities or
VerDate Sep<11>2014
15:50 Sep 14, 2021
Jkt 253001
51275
to conduct a regulatory flexibility
analysis.
electronically as an official document of
the Department of Veterans Affairs.
Unfunded Mandates
Luvenia Potts,
Regulation Development Coordinator, Office
of Regulation Policy & Management, Office
of General Counsel, Department of Veterans
Affairs.
The Unfunded Mandates Reform Act
of 1995 requires, at 2 U.S.C. 1532, that
agencies prepare an assessment of
anticipated costs and benefits before
issuing any rule that may result in the
expenditure by State, local, and tribal
governments, in the aggregate, or by the
private sector, of $100 million or more
(adjusted annually for inflation) in any
one year. This final rule will have no
such effect on State, local, and tribal
governments, or on the private sector.
Paperwork Reduction Act
This final rule contains no provisions
constituting a collection of information
under the Paperwork Reduction Act of
1995 (44 U.S.C. 3501–3521).
Catalog of Federal Domestic Assistance
For the reasons stated in the
preamble, the Department of Veterans
Affairs amends 38 CFR parts 8a and 36
as set forth below:
PART 8A—VETERANS MORTGAGE
LIFE INSURANCE
1. The authority citation for part 8a
continues to read as follows:
■
Authority: 38 U.S.C. 501, and 2101
through 2016, unless otherwise noted.
§ 8a.1
2. In § 8a.1 amend paragraph (e)(3) by
removing the words ‘‘Director, Loan
Guaranty Service’’ and adding, in their
place, the words ‘‘Executive Director,
Loan Guaranty Service’’.
■
The Catalog of Federal Domestic
Assistance numbers and titles for the
programs affected by this document are
64.106, Specially Adapted Housing For
Disabled Veterans; 64.114, Veterans
Housing Guaranteed and Insured Loans;
64.118, Veterans Housing Direct Loans
for Certain Disabled Veterans; and
64.126, Native American Veteran Direct
Loan Program.
■
Congressional Review Act
■
Pursuant to Subtitle E of the Small
Business Regulatory Enforcement
Fairness Act of 1996 (known as the
Congressional Review Act) (5 U.S.C. 801
et seq.), the Office of Information and
Regulatory Affairs designated this rule
as not a major rule, as defined by 5
U.S.C. 804(2).
[Amended]
PART 36—LOAN GUARANTY
3. The authority citation for part 36
continues to read as follows:
Authority: 38 U.S.C. 501 and 3720.
PART 36 [Amended]
4. Amend part 36 by removing the
words ‘‘Director, Loan Guaranty
Service’’ wherever they appear, and
adding, in their place, the words
‘‘Executive Director, Loan Guaranty
Service’’.
§ 36.4221
[Amended]
List of Subjects
5. In § 36.4221 amend paragraph (d)
by removing the word ‘‘Director’’ and
adding, in its place, the words ‘‘Director
or Executive Director’’.
38 CFR Part 8a
§ 36.4345
Life insurance, Mortgage insurance,
Veterans.
38 CFR Part 36
Condominiums, Housing, Individuals
with disabilities, Loan programs—
housing and community development,
Loan programs—Indians, Loan
programs—veterans, Manufactured
homes, Mortgage insurance, Veterans.
Signing Authority
Denis McDonough, Secretary of
Veterans Affairs, approved this
document on September 2, 2021, and
authorized the undersigned to sign and
submit the document to the Office of the
Federal Register for publication
PO 00000
Frm 00011
Fmt 4700
Sfmt 4700
■
[Amended]
6. Amend § 36.4345 by:
■ a. Removing paragraph (b)(1)(iii);
■ b. Redesignating the first paragraph
(b)(1)(iv) as paragraph (b)(1)(iii);
■ c. Removing the word ‘‘Director’’ in
paragraph (d), and adding, in its place,
the words ‘‘Director or Executive
Director’’; and
■ d. In paragraphs (e)(3) and (f)(3)
removing the words ‘‘Office of the
Director of VA Loan Guaranty Service’’
and adding, in their place, the words
‘‘Office of the Executive Director, Loan
Guaranty Service’’.
■
§ 36.4412
■
■
[Amended]
7. Amend § 36.4412 by:
a. Removing paragraph (i)(1)(ii); and
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51276
Federal Register / Vol. 86, No. 176 / Wednesday, September 15, 2021 / Rules and Regulations
b. Redesignating paragraphs (i)(1)(iii)
and (iv) as paragraphs (i)(1)(ii) and (iii),
respectively.
■
§ 36.4520
[Amended]
8. In § 36.4520 by amend paragraph
(d), removing the word ‘‘Director’’ and
adding, in its place, the words ‘‘Director
or Executive Director’’.
■
§ 36.4527
[Amended]
9. In § 36.4527 amend paragraph (j)(4)
by removing the word ‘‘Director’’ and
adding, in its place, the words ‘‘Director
or Executive Director’’.
■
[FR Doc. 2021–19793 Filed 9–14–21; 8:45 am]
BILLING CODE 8320–01–P
DEPARTMENT OF COMMERCE
National Oceanic and Atmospheric
Administration
50 CFR Part 622
[Docket No. 100217095–2081–04; RTID
0648–XB410]
Reef Fish Fishery of the Gulf of
Mexico; 2021 Recreational
Accountability Measure and Closure
for Gulf of Mexico Red Grouper
National Marine Fisheries
Service (NMFS), National Oceanic and
Atmospheric Administration (NOAA),
Commerce.
ACTION: Temporary rule; closure.
AGENCY:
NMFS implements an
accountability measure (AM) for the red
grouper recreational sector in the
exclusive economic zone (EEZ) of the
Gulf of Mexico (Gulf) for the 2021
fishing year through this temporary rule.
NMFS has projected that the 2021
recreational annual catch limit (ACL) for
Gulf red grouper has been met.
Therefore, NMFS closes the recreational
sector for Gulf red grouper on
September 15, 2021, and it will remain
closed through the end of the fishing
year on December 31, 2021. This closure
is necessary to protect the Gulf red
grouper resource.
DATES: This temporary rule is effective
from 12:01 a.m., local time, on
September 15, 2021, until 12:01 a.m.,
local time, on January 1, 2022.
FOR FURTHER INFORMATION CONTACT: Dan
Luers, NMFS Southeast Regional Office,
telephone: 727–551–5719, email:
daniel.luers@noaa.gov.
SUPPLEMENTARY INFORMATION: NMFS
manages the Gulf reef fish fishery,
which includes red grouper, under the
Fishery Management Plan for the Reef
Fish Resources of the Gulf of Mexico
khammond on DSKJM1Z7X2PROD with RULES
SUMMARY:
VerDate Sep<11>2014
15:50 Sep 14, 2021
Jkt 253001
(FMP). The FMP was prepared by the
Gulf of Mexico Fishery Management
Council and is implemented by NMFS
under the authority of the MagnusonStevens Fishery Conservation and
Management Act (Magnuson-Stevens
Act) through regulations at 50 CFR part
622. All red grouper weights discussed
in this temporary rule are in gutted
weight.
The recreational ACL for Gulf red
grouper is 1,000,000 lb (450,000 kg), and
the recreational annual catch target
(ACT) is 920,000 lb (420,000 kg) (50
CFR 622.41(e)(2)(iv)).
As specified in 50 CFR 622.41(e)(2)(i),
NMFS is required to close the
recreational sector for red grouper when
the recreational ACL is reached or is
projected to be reached by filing a
notification to that effect with the Office
of the Federal Register. Based on
information received on September 1,
2021, NMFS has determined the 2021
recreational ACL for Gulf red grouper
was met as of June 30, 2021.
Accordingly, this temporary rule closes
the recreational sector for Gulf red
grouper effective at 12:01 a.m., local
time, on September 15, 2021, and it will
remain closed through the end of the
fishing year on December 31, 2021.
During the recreational closure, the
bag and possession limits for red
grouper in or from the Gulf EEZ are
zero. The prohibition on possession of
Gulf red grouper also applies in Gulf
state waters for any vessel issued a valid
Federal charter vessel/headboat permit
for Gulf reef fish.
Because the 2021 recreational ACL for
Gulf red grouper has been exceeded,
NMFS will file a notice with the Office
of the Federal Register to reduce the
length of the 2022 Gulf recreational red
grouper fishing season by the amount
necessary to ensure Gulf red grouper
recreational landings in 2022 do not
exceed the recreational ACT (50 CFR
622.41(e)(2)(ii).
Classification
NMFS issues this action pursuant to
section 305(d) of the Magnuson-Stevens
Act. This action is required by 50 CFR
622.41(e)(2)(i), which was issued
pursuant to section 304(b) of the
Magnuson-Stevens Act, and is exempt
from review under Executive Order
12866.
Pursuant to 5 U.S.C. 553(b)(B), there
is good cause to waive prior notice and
an opportunity for public comment on
this action, as notice and comment is
unnecessary and contrary to the public
interest. Such procedures are
unnecessary because the regulations
associated with the closure of the red
grouper recreational sector at 50 CFR
PO 00000
Frm 00012
Fmt 4700
Sfmt 4700
622.41(e)(2)(i) have already been subject
to notice and public comment, and all
that remains is to notify the public of
the closure. Prior notice and
opportunity for public comment are
contrary to the public interest because
there is a need to immediately
implement this action to protect the red
grouper stock. The recreational ACL for
red grouper has already been exceeded.
Prior notice and opportunity for public
comment would require time and could
result in a harvest well in excess of the
established ACL.
For the aforementioned reasons, the
Assistant Administrator also finds good
cause to waive the 30-day delay in the
effectiveness of this action under 5
U.S.C. 553(d)(3).
Authority: 16 U.S.C. 1801 et seq.
Dated: September 9, 2021.
Jennifer M. Wallace,
Acting Director, Office of Sustainable
Fisheries, National Marine Fisheries Service.
[FR Doc. 2021–19825 Filed 9–10–21; 4:15 pm]
BILLING CODE 3510–22–P
DEPARTMENT OF COMMERCE
National Oceanic and Atmospheric
Administration
50 CFR Part 622
[Docket No. 121004518–3398–01; RTID
0648–XB415]
Reef Fish Fishery of the Gulf of
Mexico; 2021 Recreational
Accountability Measure and Closure
for Gulf of Mexico Gray Triggerfish
National Marine Fisheries
Service (NMFS), National Oceanic and
Atmospheric Administration (NOAA),
Commerce.
ACTION: Temporary rule; closure.
AGENCY:
NMFS implements an
accountability measure (AM) for the
gray triggerfish recreational sector in the
exclusive economic zone (EEZ) of the
Gulf of Mexico (Gulf) for the 2021
fishing year through this temporary rule.
NMFS has projected that the 2021
recreational annual catch target (ACT)
for Gulf gray triggerfish will be reached
by September 10, 2021. However,
because there is uncertainty in the
projection and to provide additional
notice to fishery participants, NMFS
closes the recreational sector for Gulf
gray triggerfish on September 15, 2021,
and it will remain closed through the
end of the fishing year on December 31,
2021. This closure is necessary to
protect the Gulf gray triggerfish
resource.
SUMMARY:
E:\FR\FM\15SER1.SGM
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]]>Agencies
[Federal Register Volume 86, Number 176 (Wednesday, September 15, 2021)]
[Rules and Regulations]
[Pages 51274-51276]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-19793]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF VETERANS AFFAIRS
38 CFR Parts 8a and 36
RIN 2900-AR09
Nomenclature Change for Position Title
AGENCY: Department of Veterans Affairs.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: The Department of Veterans Affairs is amending its regulations
to revise the title of the ``Director, Loan Guaranty Service'' to
``Executive Director, Loan Guaranty Service'' and to remove references
to the position of ``Deputy Under Secretary for Economic Opportunity.''
These amendments reflect current agency organizational structure and
are necessary to ensure consistency between the agency and its
regulations.
DATES: This rule is effective September 15, 2021.
FOR FURTHER INFORMATION CONTACT: Stephanie Li, Chief of Regulations,
Loan Guaranty Service, (26A), Veterans Benefits Administration,
Department of Veterans Affairs, 810 Vermont Avenue NW, Washington, DC
20420, (202) 632-8862. (This is not a toll-free telephone number.)
SUPPLEMENTARY INFORMATION: A number of VA regulations reference the
``Director, Loan Guaranty Service'', but the title for this position
has been amended from ``Director, Loan Guaranty Service'' to
``Executive Director, Loan Guaranty Service.'' Also, certain VA
regulations reference the ``Deputy Under Secretary for Economic
Opportunity,'' but that position has been eliminated within the
Veterans Benefits Administration. To ensure accuracy and consistency
between the agency and its regulations, this final rule revises VA
regulations to reflect this nomenclature change and organizational
structure.
Additionally, VA notes that there is a technical drafting error at
[[Page 51275]]
Sec. 36.4345(b)(1) in which paragraph level (iv) is used twice. This
final rule corrects that error.
Administrative Procedure Act
This final rule concerns only agency organization, procedure, or
practice and, therefore, is not subject to the notice and comment
provisions of 5 U.S.C. 553(b). See 38 U.S.C. 553(b)(A). Specifically,
this final rule consists of amendments reflecting agency organization,
revising the title of one position and removing the reference to
another eliminated position. VA has also determined that there is good
cause to make this final rule effective on the date of publication
under 5 U.S.C. 553(d)(3). As the agency has already adapted to the
above noted organizational amendments, delaying the effective date is
unnecessary.
Executive Orders 12866 and 13563
Executive Orders 12866 and 13563 direct agencies to assess the
costs and benefits of available regulatory alternatives and, when
regulation is necessary, to select regulatory approaches that maximize
net benefits (including potential economic, environmental, public
health and safety effects, and other advantages; distributive impacts;
and equity). Executive Order 13563 (Improving Regulation and Regulatory
Review) emphasizes the importance of quantifying both costs and
benefits, reducing costs, harmonizing rules, and promoting flexibility.
The Office of Information and Regulatory Affairs has determined that
this rule is not a significant regulatory action under Executive Order
12866. The Regulatory Impact Analysis associated with this rulemaking
can be found as a supporting document at www.regulations.gov.
Regulatory Flexibility Act
The Regulatory Flexibility Act, 5 U.S.C. 601 et seq. (RFA), imposes
certain requirements on Federal agency rules that are subject to the
notice and comment requirements of the Administrative Procedure Act
(APA), 5 U.S.C. 553(b). This final rule pertains to agency
organization, which the APA expressly exempts from notice and comment
rulemaking requirements under 5 U.S.C. 553(b)(A). Therefore, the
requirements of the RFA applicable to notice and comment rulemaking do
not apply to this rule. Accordingly, the Department is not required
either to certify that the final rule would not have a significant
economic impact on a substantial number of small entities or to conduct
a regulatory flexibility analysis.
Unfunded Mandates
The Unfunded Mandates Reform Act of 1995 requires, at 2 U.S.C.
1532, that agencies prepare an assessment of anticipated costs and
benefits before issuing any rule that may result in the expenditure by
State, local, and tribal governments, in the aggregate, or by the
private sector, of $100 million or more (adjusted annually for
inflation) in any one year. This final rule will have no such effect on
State, local, and tribal governments, or on the private sector.
Paperwork Reduction Act
This final rule contains no provisions constituting a collection of
information under the Paperwork Reduction Act of 1995 (44 U.S.C. 3501-
3521).
Catalog of Federal Domestic Assistance
The Catalog of Federal Domestic Assistance numbers and titles for
the programs affected by this document are 64.106, Specially Adapted
Housing For Disabled Veterans; 64.114, Veterans Housing Guaranteed and
Insured Loans; 64.118, Veterans Housing Direct Loans for Certain
Disabled Veterans; and 64.126, Native American Veteran Direct Loan
Program.
Congressional Review Act
Pursuant to Subtitle E of the Small Business Regulatory Enforcement
Fairness Act of 1996 (known as the Congressional Review Act) (5 U.S.C.
801 et seq.), the Office of Information and Regulatory Affairs
designated this rule as not a major rule, as defined by 5 U.S.C.
804(2).
List of Subjects
38 CFR Part 8a
Life insurance, Mortgage insurance, Veterans.
38 CFR Part 36
Condominiums, Housing, Individuals with disabilities, Loan
programs--housing and community development, Loan programs--Indians,
Loan programs--veterans, Manufactured homes, Mortgage insurance,
Veterans.
Signing Authority
Denis McDonough, Secretary of Veterans Affairs, approved this
document on September 2, 2021, and authorized the undersigned to sign
and submit the document to the Office of the Federal Register for
publication electronically as an official document of the Department of
Veterans Affairs.
Luvenia Potts,
Regulation Development Coordinator, Office of Regulation Policy &
Management, Office of General Counsel, Department of Veterans Affairs.
For the reasons stated in the preamble, the Department of Veterans
Affairs amends 38 CFR parts 8a and 36 as set forth below:
PART 8A--VETERANS MORTGAGE LIFE INSURANCE
0
1. The authority citation for part 8a continues to read as follows:
Authority: 38 U.S.C. 501, and 2101 through 2016, unless
otherwise noted.
Sec. 8a.1 [Amended]
0
2. In Sec. 8a.1 amend paragraph (e)(3) by removing the words
``Director, Loan Guaranty Service'' and adding, in their place, the
words ``Executive Director, Loan Guaranty Service''.
PART 36--LOAN GUARANTY
0
3. The authority citation for part 36 continues to read as follows:
Authority: 38 U.S.C. 501 and 3720.
PART 36 [Amended]
0
4. Amend part 36 by removing the words ``Director, Loan Guaranty
Service'' wherever they appear, and adding, in their place, the words
``Executive Director, Loan Guaranty Service''.
Sec. 36.4221 [Amended]
0
5. In Sec. 36.4221 amend paragraph (d) by removing the word
``Director'' and adding, in its place, the words ``Director or
Executive Director''.
Sec. 36.4345 [Amended]
0
6. Amend Sec. 36.4345 by:
0
a. Removing paragraph (b)(1)(iii);
0
b. Redesignating the first paragraph (b)(1)(iv) as paragraph
(b)(1)(iii);
0
c. Removing the word ``Director'' in paragraph (d), and adding, in its
place, the words ``Director or Executive Director''; and
0
d. In paragraphs (e)(3) and (f)(3) removing the words ``Office of the
Director of VA Loan Guaranty Service'' and adding, in their place, the
words ``Office of the Executive Director, Loan Guaranty Service''.
Sec. 36.4412 [Amended]
0
7. Amend Sec. 36.4412 by:
0
a. Removing paragraph (i)(1)(ii); and
[[Page 51276]]
0
b. Redesignating paragraphs (i)(1)(iii) and (iv) as paragraphs
(i)(1)(ii) and (iii), respectively.
Sec. 36.4520 [Amended]
0
8. In Sec. 36.4520 by amend paragraph (d), removing the word
``Director'' and adding, in its place, the words ``Director or
Executive Director''.
Sec. 36.4527 [Amended]
0
9. In Sec. 36.4527 amend paragraph (j)(4) by removing the word
``Director'' and adding, in its place, the words ``Director or
Executive Director''.
[FR Doc. 2021-19793 Filed 9-14-21; 8:45 am]
BILLING CODE 8320-01-P
