76768 Federal Register / Vol. 67, No. 240 / Friday, December 13, 2002 / Notices 

Environmental Impacts Program, 

Division of Regulatory Improvement 

Programs, U.S. Nuclear Regulatory 

Commission, Washington, DC 20555. 

Mr. Kugler may be contacted at 301–

415–2828 or by writing to: Andrew J. 

Kugler, U.S. Nuclear Regulatory 

Commission, MS O–12D1, Washington, 

DC 20555.

Dated at Rockville, Maryland, this 4th day 

of December, 2002.

For the Nuclear Regulatory Commission. 

Pao-Tsin Kuo, 

Program Director, License Renewal and 

Environmental Impacts Program, Division of 

Regulatory Improvement Programs, Office of 

Nuclear Reactor Regulation.

[FR Doc. 02–31435 Filed 12–12–02; 8:45 am] 

BILLING CODE 7590–01–P

NUCLEAR REGULATORY 

COMMISSION 

[Docket Nos. 50–280 and 50–281] 

Virginia Electric and Power Co., Surry 

Power Station, Units 1 and 2; Notice of 

Availability of the Final Supplement 6 

to the Generic Environmental Impact 

Statement Regarding License Renewal 

for the Surry Power Station, Units 1 

and 2 

Notice is hereby given that the U.S. 

Nuclear Regulatory Commission (NRC) 

has published a final plant-specific 

Supplement 6 to the Generic 

Environmental Impact Statement (GEIS), 

NUREG–1437, regarding the renewal of 

operating licenses DPR–32 and DPR–37 

for the Surry Power Station, Units 1 and 

2, for an additional 20 years of 

operation. The Surry Power Station 

units are operated by Virginia Electric 

and Power Company (VEPCo). Surry 

Power Station is located on the Gravel 

Neck Peninsula in Surry County, 

Virginia. Possible alternatives to the 

proposed action (license renewal) 

include no action and reasonable 

alternative methods of power 

generation. 

As discussed in Section 9.3 of the 

report:

Based on (1) the analysis and findings in 

the Generic Environmental Impact Statement 

for License Renewal of Nuclear Plants, 

NUREG–1437; (2) the Environmental Report 

submitted by VEPCo; (3) consultation with 

Federal, State, and local agencies; (4) the 

staff’s own independent review; and (5) the 

staff’s consideration of public comments, the 

recommendation of the staff is that the 

Commission determine that the adverse 

environmental impacts of license renewal for 

Surry Power Station, Units 1 and 2, are not 

so great that preserving the option of license 

renewal for energy planning decision-makers 

would be unreasonable.

The final Supplement 6 to the GEIS is 

available electronically for public 

inspection in the NRC Public Document 

Room (PDR) located at One White Flint 

North, 11555 Rockville Pike (first floor), 

Rockville, Maryland, or from the 

Publicly Available Records (PARS) 

component of NRC’s Agency wide 

Documents Access and Management 

System (ADAMS). ADAMS is accessible 

from the NRC Web site at http://

www.nrc.gov/ (the Public Electronic 

Reading Room). Persons who do not 

have access to ADAMS or who 

encounter problems in accessing the 

documents located in ADAMS, should 

contact the PDR Reference staff at

1–800–397–4209, 301–415–4737, or by

e-mail to pdr@nrc.gov.

FOR FURTHER INFORMATION, CONTACT: Mr. 

Andrew J. Kugler, License Renewal and 

Environmental Impacts Program, 

Division of Regulatory Improvement 

Programs, U.S. Nuclear Regulatory 

Commission, Washington, DC 20555. 

Mr. Kugler may be contacted at 301–

415–2828 or by writing to: Andrew J. 

Kugler, U.S. Nuclear Regulatory 

Commission, MS O–12D1, Washington, 

DC 20555.

Dated at Rockville, Maryland, this 4th day 

of December, 2002.

For the Nuclear Regulatory Commission. 

Pao-Tsin Kuo, 

Program Director, License Renewal and 

Environmental Impacts Program, Division of 

Regulatory Improvement Programs, Office of 

Nuclear Reactor Regulation.

[FR Doc. 02–31436 Filed 12–12–02; 8:45 am] 

BILLING CODE 7590–01–P

PENSION BENEFIT GUARANTY 

CORPORATION 

Required Interest Rate Assumption for 

Determining Variable-Rate Premium; 

Interest Assumptions for 

Multiemployer Plan Valuations 

Following Mass Withdrawal

AGENCY: Pension Benefit Guaranty 

Corporation.

ACTION: Notice of interest rates and 

assumptions. 

SUMMARY: This notice informs the public 

of the interest rates and assumptions to 

be used under certain Pension Benefit 

Guaranty Corporation regulations. These 

rates and assumptions are published 

elsewhere (or can be derived from rates 

published elsewhere), but are collected 

and published in this notice for the 

convenience of the public. Interest rates 

are also published on the PBGC’s Web 

site (http://www.pbgc.gov).

DATES: The required interest rate for 

determining the variable-rate premium 

under part 4006 applies to premium 

payment years beginning in December 

2002. The interest assumptions for 

performing multiemployer plan 

valuations following mass withdrawal 

under part 4281 apply to valuation dates 

occurring in January 2003.

FOR FURTHER INFORMATION CONTACT:

Harold J. Ashner, Assistant General 

Counsel, Office of the General Counsel, 

Pension Benefit Guaranty Corporation, 

1200 K Street, NW., Washington, DC 

20005, 202–326–4024. (TTY/TDD users 

may call the Federal relay service tollfree at 1–800–877–8339 and ask to be 

connected to 202–326–4024.)

SUPPLEMENTARY INFORMATION: 

Variable-Rate Premiums 

Section 4006(a)(3)(E)(iii)(II) of the 

Employee Retirement Income Security 

Act of 1974 (ERISA) and § 4006.4(b)(1) 

of the PBGC’s regulation on Premium 

Rates (29 CFR part 4006) prescribe use 

of an assumed interest rate (the 

‘‘required interest rate’’) in determining 

a single-employer plan’s variable-rate 

premium. The required interest rate is 

the ‘‘applicable percentage’’ (currently 

100 percent) of the annual yield on

30-year Treasury securities for the 

month preceding the beginning of the 

plan year for which premiums are being 

paid (the ‘‘premium payment year’’). 

(Although the Treasury Department has 

ceased issuing 30-year securities, the 

Internal Revenue Service announces a 

surrogate yield figure each month—

based on the 30-year Treasury bond 

maturing in February 2031—which the 

PBGC uses to determine the required 

interest rate.) 

The required interest rate to be used 

in determining variable-rate premiums 

for premium payment years beginning 

in December 2002 is 4.96 percent. 

The following table lists the required 

interest rates to be used in determining 

variable-rate premiums for premium 

payment years beginning between 

January 2002 and December 2002.

For premium payment years 

beginning in: 

The required 

interest rate 

is: 

January 2002 .......................... 5.48 

February 2002 ........................ 5.45 

March 2002 ............................. 5.40 

April 2002 ............................... 5.71 

May 2002 ................................ 5.68 

June 2002 ............................... 5.65 

July 2002 ................................ 5.52 

August 2002 ........................... 5.39 

September 2002 ..................... 5.08 

October 2002 .......................... 4.76 

November 2002 ...................... 4.93 

December 2002 ...................... 4.96 

Federal Register / Vol. 67, No. 240 / Friday, December 13, 2002 / Notices 76769

1A company might not be prepared to elect to be 

subject to sections 55 through 65 of the Investment 

Company Act of 1940 because its capital structure 

or management compensation plan is not yet in 

compliance with the requirements of those sections.

Multiemployer Plan Valuations 

Following Mass Withdrawal 

The PBGC’s regulation on Duties of 

Plan Sponsor Following Mass 

Withdrawal (29 CFR part 4281) 

prescribes the use of interest 

assumptions under the PBGC’s 

regulation on Allocation of Assets in 

Single-Employer Plans (29 CFR part 

4044). The interest assumptions 

applicable to valuation dates in January 

2003 under part 4044 are contained in 

an amendment to part 4044 published 

elsewhere in today’s Federal Register. 

Tables showing the assumptions 

applicable to prior periods are codified 

in appendix B to 29 CFR part 4044.

Issued in Washington, DC on this 6th day 

of December, 2002. 

Joseph H. Grant, 

Deputy Executive Director and Chief 

Operating, Officer, Pension Benefit Guaranty 

Corporation.

[FR Doc. 02–31433 Filed 12–12–02; 8:45 am] 

BILLING CODE 7708–01–P

SECURITIES AND EXCHANGE 

COMMISSION 

Proposed Collection; Comment 

Request

Upon written request, copy available from: 

Securities and Exchange Commission, Office 

of Filings and Information Services, 

Washington, DC 20549. 

Extension 

Form N–54A, SEC File No. 270–182, OMB 

Control No. 3235–0237; Form N–54C, 

SEC File No. 270–184, OMB Control No. 

3235–0236; Form N–6F, SEC File No. 

270–185, OMB Control No. 3235–0238.

Notice is hereby given that, pursuant 

to the Paperwork Reduction Act of 1995 

(44 U.S.C. 3501 et seq.) (the ‘‘Act’’), the 

Securities and Exchange Commission 

(the ‘‘Commission’’) is soliciting 

comments on the collections of 

information summarized below. The 

Commission plans to submit these 

existing collections of information to the 

Office of Management and Budget for 

extension and approval. 

• Form N–54A under the Investment 

Company Act of 1940; Notification of 

Election to be Subject to Sections 55 

through 65 of the Investment Company 

Act of 1940 Filed Pursuant to Section 

54(a) of the Act.

Form N–54A (17 CFR 274.53) is a 

notification of election to the 

Commission to be regulated as a 

business development company. A 

company making such an election only 

has to file a form N–54A once. 

It is estimated that approximately four 

respondents per year file with the 

Commission a form N–54A. Form N–

54A requires approximately 0.5 burden 

hours per response resulting from 

creating and filing the information 

required by the form. The total burden 

hours for form N–54A would be 2.0 

hours per year in the aggregate. The 

estimated annual burden of 2.0 hours 

represents an increase of 1.0 hour over 

the prior estimate of 1.0 hour. The 

increase in burden hours is attributable 

to an increase in the number of 

respondents from three to four. 

• Form N–54C under the Investment 

Company Act of 1940, Notification of 

Withdrawal of Election to be Subject to 

Sections 55 through 65 of the 

Investment Company Act of 1940 Filed 

Pursuant to Section 54(c) of the 

Investment Company Act of 1940.

Form N–54C (17 CFR 274.54) is a 

notification to the Commission that a 

company withdraws its election to be 

regulated as a business development 

company. Such a company only has to 

file a form N–54C once. 

It is estimated that approximately 

eight respondents per year file with the 

Commission a form N–54C. Form

N–54C requires approximately 1 burden 

hour per response resulting from 

creating and filing the information 

required by the form. The total burden 

hours for form N–54C would be 8 hours 

per year in the aggregate. The estimated 

annual burden of 8 hours represents a 

decrease of 4 hours over the prior 

estimate of 12 hours. The decrease in 

burden hours is attributable to a 

decrease in the number of respondents 

from 12 to eight. 

• Form N–6F under the Investment 

Company Act of 1940, Notice of Intent 

to Elect to be Subject to Sections 55 

through 65 of the Investment Company 

Act of 1940.

Certain companies may have to make 

a filing with the Commission before 

they are ready to elect on form N–54A 

to be regulated as a business 

development company.1 A company 

that is excluded from the definition of 

‘‘investment company’’ by section 

3(c)(1) of the Investment Company Act 

of 1940 because it has fewer than one 

hundred shareholders and is not making 

a public offering of its securities may 

lose such an exclusion solely because it 

proposes to make a public offering of 

securities as a business development 

company. Such a company, under 

certain conditions, would not lose its 

exclusion if it notifies the Commission 

on form N–6F (17 CFR 274.15) of its 

intent to make an election to be 

regulated as a business development 

company. The company only has to file 

a form N–6F once.

It is estimated that zero respondents 

per year file with the Commission a 

form N–6F. Form N–6F requires 

approximately 0.5 burden hours per 

response resulting from creating and 

filing the information required by the 

form. The total burden hours for form 

N–6F would be 0 hours per year in the 

aggregate but we are requesting one 

hour for administrative purposes. The 

estimated annual burden of 1.0 hour 

represents no change from the prior 

estimate of 1.0 hour. 

The estimates of average burden hours 

for forms N–54A, N54–C and N–6F are 

made solely for the purposes of the Act 

and are not derived from a 

comprehensive or even representative 

survey or study of the costs of 

Commission rules and forms. 

Written comments are invited on: (a) 

Whether the proposed collections of 

information are necessary for the proper 

performance of the functions of the 

agency, including whether the 

information will have practical utility; 

(b) the accuracy of the agency’s estimate 

of the burden of the collections of 

information; (c) ways to enhance the 

quality, utility, and clarity of the 

information collected; and (d) ways to 

minimize the burden of the collections 

of information on respondents, 

including through the use of automated 

collection techniques or other forms of 

information technology. Consideration 

will be given to comments and 

suggestions submitted in writing within 

60 days of this publication. 

Please direct your written comments 

to Kenneth A. Fogash, Acting Associate 

Executive Director/CIO, Office of 

Information Technology, Securities and 

Exchange Commission, 450 Fifth Street, 

NW., Washington, DC 20549.

Dated: December 4, 2002. 

Jill M. Peterson, 

Assistant Secretary.

[FR Doc. 02–31398 Filed 12–12–02; 8:45 am] 

BILLING CODE 8010–01–P