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Content Last Revised: 8/10/90
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CFR  

Code of Federal Regulations Pertaining to U.S. Department of Labor

Title 29  

Labor

 

Chapter XXV  

Pension and Welfare Benefits Administration, Department of Labor

 

 

Part 2570  

Procedural Regulations Under the Employee Retirement Income Security Act

 

 

 

Subpart B  

Procedures for Filing and Processing Prohibited Transaction Exemption Applications


29 CFR 2570.41 - Final denial letters.

  • Section Number: 2570.41
  • Section Name: Final denial letters.

    (a) The Department will issue a final denial letter denying a 
requested exemption where:
    (1) The conditions for issuing a final denial letter specified in 
Sec. 2570.38(b) or Sec. 2570.39(e) of these procedures are satisfied;
    (2) After issuing a tentative denial letter under Sec. 2570.38 of 
this part and considering the entire record in the case, including all 
written information submitted pursuant to Sec. 2570.39 and 
Sec. 2570.40(e) of these procedures, the Department decides not to 
propose an exemption or to withdraw an exemption already proposed; or
    (3) After proposing an exemption and conducting a hearing on the 
exemption under either Sec. 2570.46 or Sec. 2570.47 of this part and 
after considering the entire record in the case, including the record of 
the hearing, the Department decides to withdraw the proposed exemption.
    (b)  [Reserved]
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