[Federal Register: October 18, 2004 (Volume 69, Number 200)]
[Notices]
[Page 61420-61421]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr18oc04-109]
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SECURITIES AND EXCHANGE COMMISSION
Submission for OMB Review; Comment Request
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of Filings and Information Services,Washington, DC
20549.
Extension:
Rule 53, SEC File No. 270-376, OMB Control No. 3235-0426; Rule
57 and Form U-33-S, SEC File No. 270-376, OMB Control No. 3235-0429.
Notice is hereby given that, pursuant to the Paperwork Reduction
Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange
Commission (``Commission'') has submitted to the Office of Management
and Budget (``OMB'') a request for extension of the previously approved
collections of information discussed below.
Sections 32 and 33 of the Public Utility Holding Company Act of
1935, as amended (``Act''), and rules 53, 54, and 57(b) under the Act,
permit, among other things, utility holding companies registered under
the Act to make direct or indirect investments in exempt wholesale
generators (``EWGs'') and foreign utility companies (``FUCOs''), as
defined in sections 32 and 33 of the Act, respectively, without the
prior approval of the Commission, if certain conditions are met. Rules
53 and 54 do not create a reporting burden for respondents. These rules
do, however, contain recordkeeping and retention requirements. As
required by Congress, the Commission mandates the maintenance of
certain books and records identifying investments in and earnings from
all subsidiary EWGs or FUCOs in order to measure their financial effect
on the registered systems.
The Commission estimates that the total annual recordkeeping and
record retention burden under rules 53 will be a total of 290 hours (10
hours per respondent x 29 respondents = 290 burden hours). It is
estimated that there will be no burden hours associated with rule 54.
Under rule 57(b) there is an annual requirement for any public
utility company that owns one or more FUCOs to file Form U-33-S. The
information contained in Form U-33-S allows the Commission to monitor
overseas investments by public utility companies.
The Commission estimates that the total annual reporting burden
under rule 57(b) will be 18 hours (3 hours per respondent x 6 filings =
18 hours).
These estimates of average burden hours are made solely for the
purposes of the Paperwork Reduction Act and are not derived from a
comprehensive or even a representative survey or study of the costs of
SEC rules and forms.
Rules 53, 54, 57(b) each impose a mandatory recordkeeping
requirement of this information collection. It is mandatory that
qualifying companies provide the information required by rules 53, 54
and 57(b). There is no requirement to keep the information confidential
because it is public information.
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless it displays a
currently valid control number.
General comments regarding the above information should be directed
to the following persons: (i) Desk Officer for the Securities and
Exchange Commission, Office of Information and Regulatory Affairs,
Office of Management and Budget, Room 10102, New Executive Office
Building, Washington, DC 20503, or e-mail to:
David_Rostker@omb.eop.gov; and (ii) R. Corey Booth, Director/Chief
Information Officer, Office of Information Technology, Securities and
Exchange Commission, 450 5th Street, NW., Washington, DC 20549.
Comments must be submitted to OMB within 30 days of this notice.
[[Page 61421]]
Dated: October 8, 2004.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. E4-2662 Filed 10-15-04; 8:45 am]
BILLING CODE 8010-01-P