18964 Federal Register / Vol. 76, No. 66 / Wednesday, April 6, 2011 / Proposed Rules 

Related Information 

(j) Refer to MCAI EASA Airworthiness 

Directive 2010–0074, dated April 16, 2010, 

and the service information listed in Table 1 

of this AD, for related information. 

TABLE 1—SERVICE INFORMATION

Airbus service information Revision level Date 

Airbus Mandatory Service Bulletin A300–28–6064 ............................................. 03 .......................................................... December 15, 2008. 

Airbus Mandatory Service Bulletin A300–28–6064 ............................................. 04 .......................................................... August 24, 2009. 

Airbus Service Bulletin A300–28–6068 ................................................................ Original .................................................. July 20, 2005. 

Airbus Service Bulletin A300–28–6077 ................................................................ 01 .......................................................... October 26, 2006. 

Issued in Renton, Washington, on March 

23, 2011. 

Kalene C. Yanamura, 

Acting Manager, Transport Airplane 

Directorate, Aircraft Certification Service. 

[FR Doc. 2011–8198 Filed 4–5–11; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 39 

[Docket No. FAA–2011–0326; Directorate 

Identifier 2011–CE–006–AD] 

RIN 2120–AA64 

Airworthiness Directives; Costruzioni 

Aeronautiche Tecnam srl Model 

P2006T Airplanes 

AGENCY: Federal Aviation 

Administration (FAA), Department of 

Transportation (DOT). 

ACTION: Notice of proposed rulemaking 

(NPRM). 

SUMMARY: We propose to adopt a new 

airworthiness directive (AD) for the 

products listed above. This proposed 

AD results from mandatory continuing 

airworthiness information (MCAI) 

originated by an aviation authority of 

another country to identify and correct 

an unsafe condition on an aviation 

product. The MCAI describes the unsafe 

condition as: 

During Landing Gear retraction/extension 

ground checks performed on the P2006T, a 

loose Seeger ring was found on the nose 

landing gear hydraulic actuator cap. 

The manufacturer has identified the root 

cause of this discrepancy in a design 

deficiency of the hydraulic actuator caps. 

This condition, if not corrected, could 

determine uncommanded and improper 

extension of the nose or main landing gear. 

The proposed AD would require actions 

that are intended to address the unsafe 

condition described in the MCAI. 

DATES: We must receive comments on 

this proposed AD by May 23, 2011. 

ADDRESSES: You may send comments by 

any of the following methods: 

• Federal eRulemaking Portal: Go to 

http://www.regulations.gov. Follow the 

instructions for submitting comments. 

• Fax: (202) 493–2251. 

• Mail: U.S. Department of 

Transportation, Docket Operations, 

M–30, West Building Ground Floor, 

Room W12–140, 1200 New Jersey 

Avenue, SE., Washington, DC 20590. 

• Hand Delivery: U.S. Department of 

Transportation, Docket Operations, 

M–30, West Building Ground Floor, 

Room W12–140, 1200 New Jersey 

Avenue, SE., Washington, DC 20590, 

between 9 a.m. and 5 p.m., Monday 

through Friday, except Federal holidays. 

For service information identified in 

this proposed AD, contact Costruzioni 

Aeronautiche TECNAM Airworthiness 

Office, Via Maiorise—81043 Capua (CE) 

Italy; telephone: +39 0823 620134; fax: 

+39 0823 622899; e-mail: 

m.oliva@tecnam.com, 

p.violetti@tecnam.com; Internet: http:// 

www.tecnam.com. You may review 

copies of the referenced service 

information at the FAA, Small Airplane 

Directorate, 901 Locust, Kansas City, 

Missouri 64106. For information on the 

availability of this material at the FAA, 

call 816–329–4148. 

Examining the AD Docket 

You may examine the AD docket on 

the Internet at http:// 

www.regulations.gov; or in person at the 

Docket Management Facility between 

9 a.m. and 5 p.m., Monday through 

Friday, except Federal holidays. The AD 

docket contains this proposed AD, the 

regulatory evaluation, any comments 

received, and other information. The 

street address for the Docket Office 

(telephone (800) 647–5527) is in the 

ADDRESSES section. Comments will be 

available in the AD docket shortly after 

receipt. 

FOR FURTHER INFORMATION CONTACT: 

Albert Mercado, Aerospace Engineer, 

FAA, Small Airplane Directorate, 901 

Locust, Room 301, Kansas City, 

Missouri 64106; telephone: (816) 329– 

4119; fax: (816) 329–4090. 

SUPPLEMENTARY INFORMATION: 

Comments Invited 

We invite you to send any written 

relevant data, views, or arguments about 

this proposed AD. Send your comments 

to an address listed under the 

ADDRESSES section. Include ‘‘Docket No. 

FAA–2011–0326; Directorate Identifier 

2011–CE–006–AD’’ at the beginning of 

your comments. We specifically invite 

comments on the overall regulatory, 

economic, environmental, and energy 

aspects of this proposed AD. We will 

consider all comments received by the 

closing date and may amend this 

proposed AD because of those 

comments. 

We will post all comments we 

receive, without change, to http:// 

www.regulations.gov, including any 

personal information you provide. We 

will also post a report summarizing each 

substantive verbal contact we receive 

about this proposed AD. 

Discussion 

The European Aviation Safety Agency 

(EASA), which is the Technical Agent 

for the Member States of the European 

Community, has issued EASA AD No.: 

2011–0042, dated March 11, 2011 

(referred to after this as ‘‘the MCAI’’), to 

correct an unsafe condition for the 

specified products. The MCAI states: 

During Landing Gear retraction/extension 

ground checks performed on the P2006T, a 

loose Seeger ring was found on the nose 

landing gear hydraulic actuator cap. 

The manufacturer has identified the root 

cause of this discrepancy in a design 

deficiency of the hydraulic actuator caps. 

This condition, if not corrected, could 

determine uncommanded and improper 

extension of the nose or main landing gear. 

To prevent this condition, this AD requires 

modifying each nose and main landing gear 

hydraulic actuator by installing security 

rings. 

You may obtain further information 

by examining the MCAI in the AD 

docket. 

Relevant Service Information 

Costruzioni Aeronautiche Tecnam has 

issued Service Bulletin No. SB 036–CS, 

1st Edition, Rev 1, dated December 15, 

2010. The actions described in this 


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Federal Register / Vol. 76, No. 66 / Wednesday, April 6, 2011 / Proposed Rules 18965 

service information are intended to 

correct the unsafe condition identified 

in the MCAI. 

FAA’s Determination and Requirements 

of the Proposed AD 

This product has been approved by 

the aviation authority of another 

country, and is approved for operation 

in the United States. Pursuant to our 

bilateral agreement with this State of 

Design Authority, they have notified us 

of the unsafe condition described in the 

MCAI and service information 

referenced above. We are proposing this 

AD because we evaluated all 

information and determined the unsafe 

condition exists and is likely to exist or 

develop on other products of the same 

type design. 

Differences Between This Proposed AD 

and the MCAI or Service Information 

We have reviewed the MCAI and 

related service information and, in 

general, agree with their substance. But 

we might have found it necessary to use 

different words from those in the MCAI 

to ensure the AD is clear for U.S. 

operators and is enforceable. In making 

these changes, we do not intend to differ 

substantively from the information 

provided in the MCAI and related 

service information. 

We might also have proposed 

different actions in this AD from those 

in the MCAI in order to follow FAA 

policies. Any such differences are 

highlighted in a Note within the 

proposed AD. 

Costs of Compliance 

We estimate that this proposed AD 

will affect 1 product of U.S. registry. We 

also estimate that it would take about 2 

work-hours per product to comply with 

the basic requirements of this proposed 

AD. The average labor rate is $85 per 

work-hour. Required parts would cost 

about $80 per product. 

Based on these figures, we estimate 

the cost of the proposed AD on U.S. 

operators to be $250, or $250 per 

product. 

Authority for This Rulemaking 

Title 49 of the United States Code 

specifies the FAA’s authority to issue 

rules on aviation safety. Subtitle I, 

section 106, describes the authority of 

the FAA Administrator. ‘‘Subtitle VII: 

Aviation Programs,’’ describes in more 

detail the scope of the Agency’s 

authority. 

We are issuing this rulemaking under 

the authority described in ‘‘Subtitle VII, 

Part A, Subpart III, Section 44701: 

General requirements.’’ Under that 

section, Congress charges the FAA with 

promoting safe flight of civil aircraft in 

air commerce by prescribing regulations 

for practices, methods, and procedures 

the Administrator finds necessary for 

safety in air commerce. This regulation 

is within the scope of that authority 

because it addresses an unsafe condition 

that is likely to exist or develop on 

products identified in this rulemaking 

action. 

Regulatory Findings 

We determined that this proposed AD 

would not have federalism implications 

under Executive Order 13132. This 

proposed AD would not have a 

substantial direct effect on the States, on 

the relationship between the national 

Government and the States, or on the 

distribution of power and 

responsibilities among the various 

levels of government. 

For the reasons discussed above, I 

certify this proposed regulation: 

1. Is not a ‘‘significant regulatory 

action’’ under Executive Order 12866; 

2. Is not a ‘‘significant rule’’ under the 

DOT Regulatory Policies and Procedures 

(44 FR 11034, February 26, 1979); and 

3. Will not have a significant 

economic impact, positive or negative, 

on a substantial number of small entities 

under the criteria of the Regulatory 

Flexibility Act. 

We prepared a regulatory evaluation 

of the estimated costs to comply with 

this proposed AD and placed it in the 

AD docket. 

List of Subjects in 14 CFR Part 39 

Air transportation, Aircraft, Aviation 

safety, Incorporation by reference, 

Safety. 

The Proposed Amendment 

Accordingly, under the authority 

delegated to me by the Administrator, 

the FAA proposes to amend 14 CFR part 

39 as follows: 

PART 39—AIRWORTHINESS 

DIRECTIVES 

1. The authority citation for part 39 

continues to read as follows: 

Authority: 49 U.S.C. 106(g), 40113, 44701. 

§ 39.13 [Amended] 

2. The FAA amends § 39.13 by adding 

the following new AD: 

Costruzioni Aeronautiche Tecnam srl: 

Docket No. FAA–2011–0326; Directorate 

Identifier 2011–CE–006–AD. 

Comments Due Date 

(a) We must receive comments by May 23, 

2011. 

Affected ADs 

(b) None. 

Applicability 

(c) This AD applies to Costruzioni 

Aeronautiche Tecnam srl P2006T airplanes, 

serial numbers 01 through 046, 047/US, and 

049, certificated in any category. 

Subject 

(d) Air Transport Association of America 

(ATA) Code 32: Landing Gear. 

Reason 

(e) The mandatory continuing 

airworthiness information (MCAI) states: 

During Landing Gear retraction/extension 

ground checks performed on the P2006T, a 

loose Seeger ring was found on the nose 

landing gear hydraulic actuator cap. 

The manufacturer has identified the root 

cause of this discrepancy in a design 

deficiency of the hydraulic actuator caps. 

This condition, if not corrected, could 

determine uncommanded and improper 

extension of the nose or main landing gear. 

To prevent this condition, this AD requires 

modifying each nose and main landing gear 

hydraulic actuator by installing security 

rings. 

Actions and Compliance 

(f) Unless already done, within 50 hours 

time-in-service after the effective date of this 

AD or within 60 days after the effective date 

of this AD, whichever occurs first, modify 

each nose and main landing gear hydraulic 

actuator in accordance with Costruzioni 

Aeronautiche Tecnam Service Bulletin No. 

SB 036–CS, 1st Edition, Rev 1, dated 

December 15, 2010. 

FAA AD Differences 

Note: This AD differs from the MCAI and/ 

or service information as follows: No 

differences. 

Other FAA AD Provisions 

(g) The following provisions also apply to 

this AD: 

(1) Alternative Methods of Compliance 

(AMOCs): The Manager, Standards Office, 

FAA, has the authority to approve AMOCs 

for this AD, if requested using the procedures 

found in 14 CFR 39.19. Send information to 

ATTN: Albert Mercado, Aerospace Engineer, 

FAA, Small Airplane Directorate, 901 Locust, 

Room 301, Kansas City, Missouri 64106; 

telephone: (816) 329–4119; fax: (816) 329– 

4090. Before using any approved AMOC on 

any airplane to which the AMOC applies, 

notify your appropriate principal inspector 

(PI) in the FAA Flight Standards District 

Office (FSDO), or lacking a PI, your local 

FSDO. 

(2) Airworthy Product: For any 

requirement in this AD to obtain corrective 

actions from a manufacturer or other source, 

use these actions if they are FAA-approved. 

Corrective actions are considered FAAapproved if they are approved by the State 

of Design Authority (or their delegated 

agent). You are required to assure the product 

is airworthy before it is returned to service. 

(3) Reporting Requirements: For any 

reporting requirement in this AD, a federal 

agency may not conduct or sponsor, and a 

person is not required to respond to, nor 

shall a person be subject to a penalty for 


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18966 Federal Register / Vol. 76, No. 66 / Wednesday, April 6, 2011 / Proposed Rules 

1 15 U.S.C. 78a et seq. 

2 17 CFR 229.407. 

3 17 CFR 229.10 et seq. 

failure to comply with a collection of 

information subject to the requirements of 

the Paperwork Reduction Act unless that 

collection of information displays a current 

valid OMB Control Number. The OMB 

Control Number for this information 

collection is 2120–0056. Public reporting for 

this collection of information is estimated to 

be approximately 5 minutes per response, 

including the time for reviewing instructions, 

completing and reviewing the collection of 

information. All responses to this collection 

of information are mandatory. Comments 

concerning the accuracy of this burden and 

suggestions for reducing the burden should 

be directed to the FAA at: 800 Independence 

Ave. SW., Washington, DC 20591, Attn: 

Information Collection Clearance Officer, 

AES–200. 

Related Information 

(h) Refer to MCAI European Aviation 

Safety Agency (EASA) AD No.: 2011–0042, 

dated March 11, 2011; and Costruzioni 

Aeronautiche Tecnam Service Bulletin No. 

SB 036–CS, 1st Edition, Rev 1, dated 

December 15, 2010, for related information. 

For service information related to this AD, 

contact Costruzioni Aeronautiche TECNAM 

Airworthiness Office, Via Maiorise—81043 

Capua (CE) Italy; telephone: +39 0823 

620134; fax: +39 0823 622899; e-mail: 

m.oliva@tecnam.com, 

p.violetti@tecnam.com; Internet: http:// 

www.tecnam.com. You may review copies of 

the referenced service information at the 

FAA, Small Airplane Directorate, 901 Locust, 

Kansas City, Missouri 64106. For information 

on the availability of this material at the 

FAA, call 816–329–4148. 

Issued in Kansas City, Missouri, on March 

29, 2011. 

Earl Lawrence, 

Manager, Small Airplane Directorate, Aircraft 

Certification Service. 

[FR Doc. 2011–8070 Filed 4–5–11; 8:45 am] 

BILLING CODE 4910–13–P 

SECURITIES AND EXCHANGE 

COMMISSION 

17 CFR Parts 229 and 240 

[Release Nos. 33–9199; 34–64149; File No. 

S7–13–11] 

RIN 3235–AK95 

Listing Standards for Compensation 

Committees 

AGENCY: Securities and Exchange 

Commission. 

ACTION: Proposed rule. 

SUMMARY: We are proposing a new rule 

and rule amendments to implement the 

provisions of Section 952 of the DoddFrank Wall Street Reform and Consumer 

Protection Act of 2010, which adds 

Section 10C to the Securities Exchange 

Act of 1934 (the ‘‘Exchange Act’’). 

Section 10C requires the Commission to 

adopt rules directing the national 

securities exchanges (the ‘‘exchanges’’) 

and national securities associations to 

prohibit the listing of any equity 

security of an issuer that is not in 

compliance with Section 10C’s 

compensation committee and 

compensation adviser requirements. In 

accordance with the statute, the 

proposed rule would direct the 

exchanges to establish listing standards 

that, among other things, require each 

member of a listed issuer’s 

compensation committee to be a 

member of the board of directors and to 

be ‘‘independent,’’ as defined in the 

listing standards of the exchanges 

adopted in accordance with the 

proposed rule. In addition, Section 

10C(c)(2) of the Exchange Act requires 

the Commission to adopt new 

disclosure rules concerning the use of 

compensation consultants and conflicts 

of interest. 

DATES: Comments should be received on 

or before April 29, 2011. 

ADDRESSES: Comments may be 

submitted by any of the following 

methods: 

Electronic Comments 

• Use the Commission’s Internet 

comment form (http://www.sec.gov/ 

rules/proposed.shtml); 

• Send an e-mail to rulecomments@sec.gov; or 

• Use the Federal Rulemaking ePortal 

(http://www.regulations.gov). Follow the 

instructions for submitting comments. 

Paper Comments 

• Send paper comments in triplicate 

to Elizabeth M. Murphy, Secretary, U.S. 

Securities and Exchange Commission, 

100 F Street, NE., Washington, DC 

20549–1090. 

All submissions should refer to File 

Number S7–13–11. This file number 

should be included on the subject line 

if e-mail is used. To help us process and 

review your comments more efficiently, 

please use only one method. The 

Commission will post all comments on 

the Commission’s Internet Web site 

(http://www.sec.gov/rules/ 

proposed.shtml). Comments are also 

available for Web site viewing and 

printing in the Commission’s Public 

Reference Room, 100 F Street, NE., 

Washington, DC 20549, on official 

business days between the hours of 10 

a.m. and 3 p.m. All comments received 

will be posted without change; we do 

not edit personal identifying 

information from submissions. You 

should submit only information that 

you wish to make available publicly. 

FOR FURTHER INFORMATION CONTACT: 

Nandini A. Acharya, Attorney-Adviser, 

or N. Sean Harrison, Special Counsel, at 

(202) 551–3430, in the Office of 

Rulemaking, Division of Corporation 

Finance, U.S. Securities and Exchange 

Commission, 100 F Street, NE., 

Washington, DC 20549–3628. 

SUPPLEMENTARY INFORMATION: We are 

proposing to add new Rule 10C–1 under 

the Securities Exchange Act of 1934.1

We are also proposing amendments to 

Item 407 2 of Regulation S–K.3

Table of Contents 

I. Background and Summary 

II. Discussion of the Proposals 

A. Proposed Listing Requirements 

1. Applicability of Listing Requirements 

2. Independence Requirements 

3. Authority to Engage Compensation 

Advisers; Responsibilities; and Funding 

4. Compensation Adviser Independence 

Factors 

5. Opportunity to Cure Defects 

B. Implementation of Listing Requirements 

1. Exchanges Affected 

2. Securities Affected 

a. Listed Equity Securities 

b. Securities Futures Products and 

Standardized Options 

3. Exemptions 

a. General Approach to Exemptions 

b. Issuers Not Subject to Independence 

Requirements 

c. Relationships Exempt from 

Independence Requirements 

C. Compensation Consultant Disclosure 

and Conflicts of Interest 

D. Transition and Timing 

III. Paperwork Reduction Act 

A. Background 

B. Summary of Proposed Rule and Rule 

Amendments 

C. Burden and Cost Estimates Related to 

Proposed Amendments 

D. Request for Comment 

IV. Cost-Benefit Analysis 

A. Introduction and Objectives of 

Proposals 

B. Benefits 

C. Costs 

D. Request for Comment 

V. Consideration of Impact on the Economy, 

Burden on Competition and Promotion 

of Efficiency, Competition and Capital 

Formation 

VI. Small Business Regulatory Enforcement 

Fairness Act 

VII. Initial Regulatory Flexibility Act 

Analysis 

A. Reasons for, and Objectives of, the 

Proposed Action 

B. Legal Basis 

C. Small Entities Subject to the Proposed 

Action 

D. Reporting, Recordkeeping and Other 

Compliance Requirements 

E. Duplicative, Overlapping or Conflicting 

Federal Rules 

F. Significant Alternatives 

G. Solicitation of Comments 


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