Legg Mason Partners Equity Trust, et al.; Notice of Application
Summary of Application: Applicants request an order that would permit them to enter into, and amend, subadvisory agreements with Wholly-Owned Sub-Advisors (as defined below) and Non-Affiliated Sub- Advisors (as defined below) without shareholder approval. The order would also grant relief from certain disclosure requirements. Applicants: Legg Mason Partners Equity Trust (``Equity Trust''), Legg Mason Partners Variable Equity Trust (``Variable Equity Trust,'' and, together with Equity Trust, the ``Trusts''), and Permal Asset Management LLC (``Permal''). DATES: Filing Dates: The application was filed on March 1, 2013, and amended on September 24, 2013, and February 6, 2014. Hearing or Notification of Hearing: An order granting the application will be issued unless the Commission orders a hearing. Interested persons may request a hearing by writing to the Commission's Secretary and serving applicants with a copy of the request, personally or by mail. Hearing requests should be received by the Commission by 5:30 p.m. on March 21, 2014, and should be accompanied by proof of service on applicants, in the form of an affidavit or, for lawyers, a certificate of service. Hearing requests should state the nature of the writer's interest, the reason for the request, and the issues contested. Persons who wish to be notified of a hearing may request notification by writing to the Commission's Secretary.