[Code of Federal Regulations]
[Title 16, Volume 1]
[Revised as of January 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 16CFR901.8]

[Page 642-643]
 
                     TITLE 16--COMMERCIAL PRACTICES
 
                   CHAPTER I--FEDERAL TRADE COMMISSION
 
PART 901_PROCEDURES FOR STATE APPLICATION FOR EXEMPTION FROM THE 
PROVISIONS OF THE ACT--Table of Contents
 
Sec. 901.8  Revocation of exemption.

    (a) The Commission reserves the right to revoke any exemption 
granted under the provisions of this rule, if at

[[Page 643]]

any time it determines that the State law does not, in fact, impose 
requirements that are substantially similar to, or that provide greater 
protection to applicants than, those imposed under sections 803 through 
812 of the Act or that there is not, in fact, adequate provision for 
State enforcement.
    (b) Before revoking any such exemption, the Commission shall notify 
the appropriate State official of the facts or conduct that, in the 
Commission's opinion, warrants such revocation, and shall afford that 
State such opportunity as the Commission deems appropriate in the 
circumstances to demonstrate or achieve compliance.
    (c) If, after having been afforded the opportunity to demonstrate or 
achieve compliance, the Commission determines that the State has not 
done so, notice of the Commission's intention to revoke such exemption 
shall be published in the Federal Register. A period of time shall be 
allowed from the date of such publication for interested persons to 
submit written comments to the Commission regarding the intention to 
revoke.
    (d) If such exemption is revoked, notice of such revocation shall be 
published by the Commission in the Federal Register, and a copy of such 
notice shall be furnished to the appropriate State official, to the 
Federal authorities responsible for enforcement of the requirements of 
the Act, and to the Attorney General of the United States. The 
revocation shall become effective, and the class of debt collection 
practices affected within that State shall become subject to the 
requirements of sections 803 through 812 of the Act, 90 days after the 
date of publication of the notice in the Federal Register.

                        PARTS 902-999 [RESERVED]