Federal Register / Vol. 62, No. 149 / Monday, August 4, 1997 / Rules and Regulations 41839

(iii) Whether there has been a

substantial reduction in the Bank’s

advances outstanding.

(2) Limitations on grounds for

suspension. The Board of Directors shall

disapprove an application for a

temporary suspension if it determines

that the Bank’s reduction in earnings is

a result of:

(i) A change in the terms of advances

to members which is not justified by

market conditions;

(ii) Inordinate operating and

administrative expenses; or

(iii) Mismanagement.

(c) Board of Directors decision. The

Board of Directors’ decision shall be in

writing and shall be accompanied by

specific findings and reasons for its

action. If the Board of Directors

approves a Bank’s application for a

temporary suspension, the Board of

Directors’ written decision shall specify

the period of time such suspension shall

remain in effect.

(d) Monitoring. During the term of a

temporary suspension approved by the

Board of Directors, the affected Bank

shall provide to the Board of Directors

such financial reports as the Board of

Directors shall require to monitor the

financial condition of the Bank.

(e) Termination of suspension. If,

prior to the conclusion of the temporary

suspension period, the Board of

Directors determines that the Bank has

returned to a position of financial

stability, the Board of Directors may,

upon written notice to the Bank,

terminate the temporary suspension.

(f) Application for extension of

temporary suspension period. If a

Bank’s board of directors determines

that the Bank has not returned to, or is

not likely to return to, a position of

financial stability at the conclusion of

the temporary suspension period, the

Bank may apply in writing for an

extension of the temporary suspension

period, stating the grounds for such

extension.

§ 960.15 Affordable Housing Reserve

Fund.

(a) Reserve Fund—(1) Deposits. If a

Bank fails to use or commit the full

amount it is required to contribute to

the Program in any year pursuant to

§ 960.2, 90 percent of the unused or

uncommitted amount shall be deposited

by the Bank in an Affordable Housing

Reserve Fund established and

administered by the Finance Board. The

remaining 10 percent of the unused and

uncommitted amount retained by the

Bank should be fully used or committed

by the Bank during the following year,

and any remaining portion must be

deposited in the Affordable Housing

Reserve Fund.

(2) Use or commitment of funds.

Approval of applications for AHP

subsidies sufficient to exhaust the

amount a Bank is required to contribute

pursuant to § 960.2 shall constitute use

or commitment of funds. Amounts

remaining unused or uncommitted at

year-end are deemed to be used or

committed if, in combination with AHP

subsidies that have been returned to the

Bank or de-committed from canceled

projects, they are insufficient to fund:

(i) The next highest scoring AHP

application in the Bank’s final funding

period of the year for its competitive

application program; or

(ii) Pending applications for funds

under the Bank’s homeownership setaside programs.

Such insufficient amounts shall be

carried over for use or commitment

during the following year.

(b) Annual statement. By January 15

of each year, each Bank shall provide to

the Finance Board a statement

indicating the amount of unused and

uncommitted funds from the prior year,

if any, which will be deposited in the

Affordable Housing Reserve Fund.

(c) Annual notification. By January 31

of each year, the Finance Board shall

notify the Banks of the total amount of

funds, if any, available in the Affordable

Housing Reserve Fund.

§ 960.16 Application to existing AHP

projects.

The requirements of section 10(j) of

the Act and the provisions of this part,

as amended, are incorporated into all

agreements between Banks, members,

sponsors, or owners receiving AHP

subsidies. To the extent the

requirements of this part are amended

from time to time, such agreements are

deemed to incorporate the amendments

to conform to any new requirements of

this part. No amendment to this part

shall affect the legality of actions taken

prior to the effective date of such

amendment.

By the Board of Directors of the Federal

Housing Finance Board.

Dated: June 25, 1997.

Bruce A. Morrison,

Chairman.

[FR Doc. 97–20046 Filed 8–1–97; 8:45 am]

BILLING CODE 6725–01–U

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 39

[Docket No. 97–NM–149–AD; Amendment

39–10100; AD 97–16–08]

RIN 2120–AA64

Airworthiness Directives; Fokker

Model F28 Mark 0100 Series Airplanes

AGENCY: Federal Aviation

Administration, DOT.

ACTION: Final rule; request for

comments.

SUMMARY: This amendment adopts a

new airworthiness directive (AD),

applicable to certain Fokker Model F28

Mark 0100 series airplanes. This action

requires a one-time inspection to detect

fatigue cracking of the hinges of the

cargo doors, and repair, if necessary.

This amendment is prompted by reports

indicating that, during inspections of

the cargo door area, fatigue cracking of

hinges of the cargo doors was detected.

The actions specified by the proposed

AD are intended to detect and correct

such cracking, which could result in

structural failure of the cargo doors, and

consequent rapid decompression of the

airplane and possible separation of the

cargo doors from the airplane during

flight.

DATES: Effective August 19, 1997.

The incorporation by reference of

certain publications listed in the

regulations is approved by the Director

of the Federal Register as of August 19,

1997.

Comments for inclusion in the rules

docket must be received on or before

October 3, 1997.

ADDRESSES: Submit comments in

triplicate to the Federal Aviation

Administration (FAA), Transport

Airplane Directorate, ANM–103,

Attention: Rules Docket No. 97–NM–

149–AD, 1601 Lind Avenue, SW.,

Renton, Washington 98055–4056.

The service information referenced in

this AD may be obtained from Fokker

Services B.V., Technical Support

Department, P.O. Box 75047, 1117 ZN

Schiphol Airport, The Netherlands. This

information may be examined at the

FAA, Transport Airplane Directorate,

1601 Lind Avenue, SW., Renton,

Washington; or at the Office of the

Federal Register, 800 North Capitol

Street, NW., suite 700, Washington, DC.

FOR FURTHER INFORMATION CONTACT: Tim

Dulin, Aerospace Engineer,

Standardization Branch, ANM–113,

FAA, Transport Airplane Directorate,

1601 Lind Avenue, SW., Renton,
41840 Federal Register / Vol. 62, No. 149 / Monday, August 4, 1997 / Rules and Regulations

Washington 98055–4056; telephone

(425) 227–2141; fax (425) 227–1149.

SUPPLEMENTARY INFORMATION: The

Rijksluchtvaartdienst (RLD), which is

the airworthiness authority for the

Netherlands, recently notified the FAA

that an unsafe condition may exist on

certain Fokker Model F28 Mark 0100

series airplanes. The RLD advises that it

has received reports indicating that,

during scheduled visual inspections of

the cargo door area, fatigue cracking of

the hinges of the forward, center, and

rear cargo doors were found. This

cracking occurred much earlier than

anticipated by fatigue analysis and test

results. Therefore, the threshold for

inspection of the cargo door hinges

specified in the Airworthiness

Limitations Items (ALI) and

Maintenance Review Board (MRB) task

numbers 523052–00–02 and 523052–

00–03 may need to be adjusted.

Investigation is continuing to determine

if other factors (such as a jamming cargo

net at the door hinge, a cargo door that

slams against the fuselage when it is

opened, etc.) may have contributed to

the cracking of the hinges.

Fatigue cracking of the hinges of the

cargo doors, if not detected and

corrected in a timely manner, could

result in structural failure of the cargo

doors, and consequent rapid

decompression of the airplane and

possible separation of the cargo doors

from the airplane during flight.

Explanation of Relevant Service

Information

Fokker has issued Service Bulletin

SBF100–52–061, dated September 28,

1996, which describes procedures for a

one-time inspection to detect fatigue

cracking of the hinges of the cargo

doors. The service bulletin also provides

a form for operators to report the results

of the one-time inspection. The RLD

classified this service bulletin as

mandatory and issued Dutch

airworthiness directive (BLA) 1996–125

(A), dated September 30, 1996, in order

to assure the continued airworthiness of

these airplanes in the Netherlands.

FAA’s Conclusions

This airplane model is manufactured

in the Netherlands and is type

certificated for operation in the United

States under the provisions of section

21.29 of the Federal Aviation

Regulations (14 CFR 21.19) and the

applicable bilateral airworthiness

agreement. Pursuant to this bilateral

airworthiness agreement, the RLD has

kept the FAA informed of the situation

described above. The FAA has

examined the findings of the RLD,

reviewed all available information, and

determined that AD action is necessary

for products of this type design that are

certificated for operation in the United

States.

Explanation of Requirements of the

Rule

Since an unsafe condition has been

identified that is likely to exist or

develop on other airplanes of the same

type design registered in the United

States, this AD is being issued to require

a one-time inspection to detect fatigue

cracking of the hinges of the cargo

doors, and repair, if necessary. This AD

also requires that operators submit a

report of the findings of the one-time

inspection required by this action to the

airplane manufacturer. The information

obtained from these reports will enable

the manufacturer to determine if other

factors may have contributed to the

fatigue cracking of the hinges. The

inspections are required to be

accomplished in accordance with the

service bulletin described previously.

Repair of any fatigue cracking detected,

is required to be accomplished in

accordance with a method approved by

the Manager, Standardization Branch,

ANM–113.

Interim Action

This is considered to be interim

action until final action is identified, at

which time the FAA may consider

further rulemaking.

Cost Impact

None of the Model F28 Mark 0100

series airplanes affected by this action

are on the U.S. Register. All airplanes

included in the applicability of this rule

currently are operated by non-U.S.

operators under foreign registry;

therefore, they are not directly affected

by this AD action. However, the FAA

considers that this rule is necessary to

ensure that the unsafe condition is

addressed in the event that any of these

subject airplanes are imported and

placed on the U.S. Register in the future.

Should an affected airplane be

imported and placed on the U.S.

Register in the future, it would require

approximately 2 work hours to

accomplish the required actions, at an

average labor charge of $60 per work

hour. Based on these figures, the cost

impact of this AD would be $120 per

airplane.

Determination of Rule’s Effective Date

Since this AD action does not affect

any airplane that is currently on the

U.S. register, it has no adverse economic

impact and imposes no additional

burden on any person. Therefore, prior

notice and public procedures hereon are

unnecessary and the amendment may be

made effective in less than 30 days after

publication in the Federal Register.

Comments Invited

Although this action is in the form of

a final rule and was not preceded by

notice and opportunity for public

comment, comments are invited on this

rule. Interested persons are invited to

comment on this rule by submitting

such written data, views, or arguments

as they may desire. Communications

shall identify the rules docket number

and be submitted in triplicate to the

address specified under the caption

ADDRESSES. All communications

received on or before the closing date

for comments will be considered, and

this rule may be amended in light of the

comments received. Factual information

that supports the commenter’s ideas and

suggestions is extremely helpful in

evaluating the effectiveness of the AD

action and determining whether

additional rulemaking action would be

needed.

Comments are specifically invited on

the overall regulatory, economic,

environmental, and energy aspects of

the rule that might suggest a need to

modify the rule. All comments

submitted will be available, both before

and after the closing date for comments,

in the rules docket for examination by

interested persons. A report that

summarizes each FAA-public contact

concerned with the substance of this AD

will be filed in the rules docket.

Commenters wishing the FAA to

acknowledge receipt of their comments

submitted in response to this rule must

submit a self-addressed, stamped

postcard on which the following

statement is made: ‘‘Comments to

Docket Number 97–NM–149–AD.’’ The

postcard will be date stamped and

returned to the commenter.

Regulatory Impact

The regulations adopted herein will

not have substantial direct effects 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. Therefore, in

accordance with Executive Order 12612,

it is determined that this final rule does

not have sufficient federalism

implications to warrant the preparation

of a Federalism Assessment.

For the reasons discussed above, I

certify that this action (1) is not a

‘‘significant regulatory action’’ under

Executive Order 12866; (2) is not a

‘‘significant rule’’ under DOT

Regulatory Policies and Procedures (44

FR 11034, February 26, 1979); and (3)
Federal Register / Vol. 62, No. 149 / Monday, August 4, 1997 / Rules and Regulations 41841

1The Filer Manual originally was adopted on

April 1, 1993, and became effective on April 26,

1993. Release No. 33–6986 (Apr. 1, 1993) (58 FR

18638). The most recent update to the Filer Manual

was implemented on April 14, 1997. See Release

Nos. 33–7394 (Feb. 21, 1997) (62 FR 8877), 33–7405

(Mar. 19, 1997) (62 FR 13820), and 33–7411 (Apr.

2, 1997) (62 FR 16690).

2See Rule 301 of Regulation S–T (17 CFR

232.301).

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. A final evaluation has

been prepared for this action and it is

contained in the rules docket. A copy of

it may be obtained from the rules docket

at the location provided under the

caption ADDRESSES.

List of Subjects in 14 CFR Part 39

Air transportation, Aircraft, Aviation

safety, Incorporation by reference,

Safety.

Adoption of the Amendment

Accordingly, pursuant to the

authority delegated to me by the

Administrator, the Federal Aviation

Administration amends part 39 of the

Federal Aviation Regulations (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. Section 39.13 is amended by

adding the following new airworthiness

directive:

97–16–08 Fokker: Amendment 39–10100.

Docket 97–NM–149–AD.

Applicability: Model F28 Mark 0100 series

airplanes, serial numbers 11244 through

11474 inclusive, equipped with small cargo

doors having hinge assemblies having part

numbers A28410–405, A28410–407, and/or

D28410–409; certificated in any category.

Note 1: This AD applies to each airplane

identified in the preceding applicability

provision, regardless of whether it has been

modified, altered, or repaired in the area

subject to the requirements of this AD. For

airplanes that have been modified, altered, or

repaired so that the performance of the

requirements of this AD is affected, the

owner/operator must request approval for an

alternative method of compliance in

accordance with paragraph (c) of this AD.

The request should include an assessment of

the effect of the modification, alteration, or

repair on the unsafe condition addressed by

this AD; and, if the unsafe condition has not

been eliminated, the request should include

specific proposed actions to address it.

Compliance: Required as indicated, unless

accomplished previously.

To detect and correct fatigue cracking of

the hinges, which could result in rapid

decompression of the airplane and separation

of the cargo doors during flight; accomplish

the following:

(a) Prior to the accumulation of 8,000 total

flight cycles, or within 5 months after the

effective date of this AD, whichever occurs

later: Perform a one-time inspection to detect

fatigue cracking of the hinges of the forward,

center, and aft cargo doors, in accordance

with Fokker Service Bulletin SBF100–52–

061, dated September 28, 1996. Prior to

further flight, repair any cracking detected, in

accordance with a method approved by the

Manager, Standardization Branch, ANM–113,

FAA, Transport Airplane Directorate.

(b) Within 10 days after accomplishing the

inspection required by paragraph (a) of this

AD, submit a report of the inspection results

to Fokker Services, Attn: Manager, Service

Engineering—Jet, P. O. Box 75047, 1117 ZN

Schiphol-Oost, The Netherlands. Information

collection requirements contained in this

regulation have been approved by the Office

of Management and Budget (OMB) under the

provisions of the Paperwork Reduction Act of

1980 (44 U.S.C. 3501 et seq.) and have been

assigned OMB Control Number 2120–0056.

(c) An alternative method of compliance or

adjustment of the compliance time that

provides an acceptable level of safety may be

used if approved by the Manager,

Standardization Branch, ANM–113.

Operators shall submit their requests through

an appropriate FAA Principal Maintenance

Inspector, who may add comments and then

send it to the Manager, Standardization

Branch, ANM–113.

Note 2: Information concerning the

existence of approved alternative methods of

compliance with this AD, if any, may be

obtained from the Standardization Branch,

ANM–113.

(d) Special flight permits may be issued in

accordance with sections 21.197 and 21.199

of the Federal Aviation Regulations (14 CFR

21.197 and 21.199) to operate the airplane to

a location where the requirements of this AD

can be accomplished.

(e) The actions shall be done in accordance

with Fokker Service Bulletin SBF100–52–

061, dated September 28, 1996. This

incorporation by reference was approved by

the Director of the Federal Register in

accordance with 5 U.S.C. 552(a) and 1 CFR

part 51. Copies may be obtained from Fokker

Services B.V., Technical Support

Department, P.O. Box 75047, 1117 ZN

Schiphol Airport, The Netherlands. Copies

may be inspected at the FAA, Transport

Airplane Directorate, 1601 Lind Avenue,

SW., Renton, Washington; or at the Office of

the Federal Register, 800 North Capitol

Street, NW., suite 700, Washington, DC.

(f) This amendment becomes effective on

August 19, 1997.

Issued in Renton, Washington, on July 29,

1997.

Darrell M. Pederson,

Acting Manager, Transport Airplane

Directorate, Aircraft Certification Service.

[FR Doc. 97–20440 Filed 8–1–97; 8:45 am]

BILLING CODE 4910–13–U

SECURITIES AND EXCHANGE

COMMISSION

17 CFR Part 232

[Release Nos. 33–7432; 34–38883; 35–

26747; 39–2356; IC–22769]

RIN 3235–AG96

Adoption of Updated EDGAR Filer

Manual

AGENCY: Securities and Exchange

Commission.

ACTION: Final rules.

SUMMARY: The Commission is adopting

an updated edition of the EDGAR Filer

Manual and is providing for its

incorporation by reference into the Code

of Federal Regulations.

DATES: The amendment to 17 CFR part

232 (Regulation S–T) will be effective

on August 25, 1997. The new edition of

the EDGAR Filer Manual (Release 5.30)

will be effective on August 25, 1997.

The incorporation by reference of the

EDGAR Filer Manual is approved by the

Director of the Federal Register as of

August 25, 1997.

FOR FURTHER INFORMATION CONTACT: In

the Office of Information Technology,

David T. Copenhafer at (202) 942–8800;

for questions concerning investment

company filings, Ruth Armfield

Sanders, Senior Counsel, Division of

Investment Management, at (202) 942–

0633; and for questions concerning

Corporation Finance company filings,

Margaret R. Black at (202) 942–2933.

SUPPLEMENTARY INFORMATION: The

Commission today announces the

adoption of an updated EDGAR Filer

Manual (‘‘Filer Manual’’), which sets

forth the technical formatting

requirements governing the preparation

and submission of electronic filings

through the Electronic Data Gathering,

Analysis, and Retrieval (‘‘EDGAR’’)

system.1 Compliance with the

provisions of the Filer Manual is

required in order to assure the timely

acceptance and processing of filings

made in electronic format.2 Filers

should consult the Filer Manual in

conjunction with the Commission’s

rules governing mandated electronic