[Federal Register: June 30, 1998 (Volume 63, Number 125)]
[Notices]               
[Page 35644]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr30jn98-125]                         

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DEPARTMENT OF THE TREASURY

[Treasury Directive Number 13-04]

 
Delegation of Authority Relating to the United States Enrichment 
Corporation Privatization

June 24, 1998.
    1. Purpose. This Directive makes certain delegations to the 
Assistant Secretary (Financial Markets) relating to the United States 
Enrichment Corporation (USEC) privatization.
    2. Background. The Atomic Energy Act of 1954 as amended by the 
Energy Policy Act of 1992 (Pub. L. 102-486, 106 Stat. 2938), and the 
USEC Privatization Act (Pub. L. 104-134, 110 Stat. 1321-335) 
(collectively, the ``Acts'') authorize the Secretary of the Treasury to 
approve or disapprove the USEC Board's determinations that the method 
of transfer and the terms and conditions for the transfer of USEC to 
the private sector meet certain statutory requirements under the Acts. 
Treasury Order (TO) 103-04, ``Delegation of Authority Relating to the 
United States Enrichment Corporation Privatization,'' delegates to the 
Under Secretary for Domestic Finance the Secretary's authority under 
the Acts relating to the USEC privatization.
    3. Delegation. The duties, powers, rights, and obligations of the 
Secretary of the Treasury which are vested in the Under Secretary for 
Domestic Finance pursuant to TO 103-04 are hereby redelegated to the 
Assistant Secretary (Financial Markets).
    4. Redelegation. The Assistant Secretary (Financial Markets) may 
redelegate in writing such of the authorities granted under this 
Directive as the Assistant Secretary (Financial Markets) deems 
appropriate.
    5. Authority. TO 103-04, ``Delegation of Authority Relating to the 
United States Enrichment Corporation Privatization.''
    6. Expiration Date. This Directive shall expire three years from 
the date of issuance unless superseded or cancelled prior to that date.
    7. Office of Primary Interest. Office of the Under Secretary for 
Domestic Finance.
John D. Hawke, Jr.,
Under Secretary for Domestic Finance.
[FR Doc. 98-17373 Filed 6-29-98; 8:45 am]
BILLING CODE 4810-25-P