Federal Register / Vol. 62, No. 171 / Thursday, September 4, 1997 / Notices 46783

1 DECON is the alternative in which the

equipment, structures, and portions of the facility

and site containing radioactive contaminants are

removed or decontaminated to a level that permits

the property to be released for unrestricted use

shortly after cessation of operations.

may do so by sending a readily

reproducible copy addressed to the

Chief of the Nuclear Reactors Branch

specified in the Federal Register Notice,

care of the Advisory Committee on

Reactor Safeguards, U.S. Nuclear

Regulatory Commission, Washington,

DC 20555. Comments should be limited

to items being considered by the

Committee. Comments should be in the

possession of the Designated Federal

Official at least five days prior to a

meeting to allow time for reproduction

and distribution.

Written comments may also be

submitted by providing a readily

reproducible copy to the Designated

Federal Official at the beginning of the

meeting.

(b) Persons desiring to make oral

statements at the meeting should make

a request to do so to the Designated

Federal Official. If possible, the request

should be made five days before the

meeting, identifying the topics to be

discussed and the amount of time

needed for presentation so that orderly

arrangements can be made. The

Committee will hear oral statements on

topics being reviewed at an appropriate

time during the meeting as scheduled by

the Chairman.

(c) Information regarding topics to be

discussed, changes to the agenda,

whether the meeting has been cancelled

or rescheduled and the time allotted to

present oral statements can be obtained

by contacting the Chief of the Nuclear

Reactors Branch, ACRS (telephone: 301/

415–7364) between 7:30 a.m. and 4:15

p.m., Eastern Time.

(d) During the ACRS meeting

presentations and discussions,

questions may be asked by ACRS

members, Committee consultants, NRC

staff, and the ACRS staff.

(e) The use of still, motion picture,

and television cameras will be

permitted at the discretion of the

Chairman and subject to the condition

that the physical installation and

presence of such equipment will not

interfere with the conduct of the

meeting. The Designated Federal

Official will have to be notified prior to

the meeting and will authorize the

installation or use of such equipment

after consultation with the Chairman.

The use of such equipment will be

restricted as is necessary to protect

proprietary or privileged information

that may be in documents, folders, etc.,

in the meeting room. Electronic

recordings will be permitted only

during those portions of the meeting

that are open to the public.

(f) A transcript is kept for certain open

portions of the meeting and will be

available in the NRC Public Document

Room, 2120 L Street, NW, Washington,

DC 20555, for use within one week

following the meeting. A copy of the

certified minutes of the meeting will be

available at the same location on or

before three months following the

meeting. Copies may be obtained upon

payment of appropriate reproduction

charges.

ACRS meeting notices, meeting

transcripts, and letter reports are now

available on FedWorld from the ‘‘NRC

MAIN MENU.’’ The Direct Dial Access

number to FedWorld is (800) 303–9672

or ftp.fedworld. These documents and

the meeting agenda are also available for

downloading or reviewing on the

internet at http://www.nrc.gov/

ACRSACNW.

ACRS Subcommittee Meetings

ACRS Subcommittee meetings will

also be conducted in accordance with

the above procedures, as appropriate.

When Subcommittee meetings are held

at locations other than at NRC facilities,

reproduction facilities may not be

available at a reasonable cost.

Accordingly, 25 additional copies of the

materials to be used during the meeting

should be provided for distribution at

such meetings.

Special Provisions When Proprietary

Sessions Are To Be Held

If it is necessary to hold closed

sessions for the purpose of discussing

matters involving proprietary

information, persons with agreements

permitting access to such information

may attend those portions of the ACRS

meetings where this material is being

discussed upon confirmation that such

agreements are effective and related to

the material being discussed.

The Designated Federal Official

should be informed of such an

agreement at least five working days

prior to the meeting so that it can be

confirmed, and a determination can be

made regarding the applicability of the

agreement to the material that will be

discussed during the meeting. The

minimum information provided should

include information regarding the date

of the agreement, the scope of material

included in the agreement, the project

or projects involved, and the names and

titles of the persons signing the

agreement. Additional information may

be requested to identify the specific

agreement involved. A copy of the

executed agreement should be provided

to the Designated Federal Official prior

to the beginning of the meeting for

admittance to the closed session.

Dated: August 28, 1997.

Andrew L. Bates,

Advisory Committee Management Officer.

[FR Doc. 97–23471 Filed 9–3–97; 8:45 am]

BILLING CODE 7590–01–P

NUCLEAR REGULATORY

COMMISSION

[Docket No. 50–213]

Office of Nuclear Reactor Regulation;

Connecticut Yankee Atomic Power

Company; Haddam Neck Plant; Notice

of Receipt of and Availability for

Comment of Post-Shutdown

Decommission Activities Report

The U.S. Nuclear Regulatory

Commission (NRC) is in receipt of and

is making available for public

inspection and comment, the PostShutdown Decommissioning Activities

Report (PSDAR), dated August 22, 1997,

for the Haddam Neck Plant (HNP)

located in Middlesex County,

Connecticut, Town of Haddam.

The licensee has selected the DECON

alternative for decommissioning the

site.1 The Connecticut Yankee Atomic

Power Company (CYAPCo or licensee)

plans to decontaminate the main

coolant system in early 1998 and to

initiate large component removal, (e.g.

reactor vessel, steam generators and

pressurizer) in mid-1998.

Decontamination and removal of all

structures and systems, except the Spent

Fuel Storage Building (SFSB), is

scheduled for completion by the end of

2002. The SFSB removal is projected for

2022. Soil remediation and the final site

survey, excluding the SFSB, are

scheduled for mid-2004. The licensee

states, in the PSDAR, that

environmental impacts due to

decommissioning will be within the

bounds of the NRC Final Generic

Environmental Impact Statement,

NUREG–0586, the GEIS and the

estimated total cost of decommissioning

expected to be about $426,726,000.

HNP has been shut down since July

22, 1996. CYAPCo informed the NRC,

by letter dated December 5, 1996, that

as required by 10 CFR 50.82(a)(1)(i) and

(ii), it had permanently ceased power

operations and had removed the nuclear

fuel from the reactor vessel. The fuel is

now stored, onsite, in the spent fuel

pool.

The PSDAR is available for public

inspection at the local public document
46784 Federal Register / Vol. 62, No. 171 / Thursday, September 4, 1997 / Notices

room located in the Russell Library, 123

Broad Street, Middletown, Connecticut

06457, and at the Commission Public

Document Room, 2120 L Street, NW.,

Washington, DC 20037.

The NRC will hold a public meeting

in the vicinity of the HNP within the

next 60 days. The NRC will publish a

notice in the Federal Register and in the

local media announcing the date, time,

and location of this meeting along with

a brief description of the purpose of the

meeting.

Comments regarding the PSDAR

should be submitted in writing to Mr.

Morton B. Fairtile, Mail Stop 011–B 20,

U.S. Nuclear Regulatory Commission,

Washington, DC 20555–0001 within 30

days after the date of this notice.

Dated at Rockville, Maryland, this 27th day

of August 1997.

For the Nuclear Regulatory Commission.

Seymour H. Weiss,

Director, Non-Power Reactors and

Decommissioning Project Directorate,

Division of Reactor Program Management,

Office of Nuclear Reactor Regulation.

[FR Doc. 97–23474 Filed 9–3–97; 8:45 am]

BILLING CODE 7590–01–P

SECURITIES AND EXCHANGE

COMMISSION

[Release No. IC–22802; File No. 812–10566]

Great-West Life & Annuity Insurance

Company, et al.

August 27, 1997.

AGENCY: The Securities and Exchange

Commission (‘‘Commission’’)

ACTION: Notice of application for

exemption under the Investment

Company Act of 1940 (‘‘1940 Act’’).

APPLICANTS: Great-West Life & Annuity

Insurance Company (‘‘GWL&A’’),

Retirement Plan Series Account (the

‘‘Separate Account’’), Maxim Series

Fund, Inc. (‘‘Maxim’’) and One-Orchard

Equities, Inc. (‘‘Orchard’’).

RELEVANT 1940 ACT SECTIONS: Order

requested pursuant to sections 17(b) and

26(b).

SUMMARY OF APPLICATION: Applicants

request an order pursuant to section

26(b) of the 1940 Act approving a

proposed substitution of securities, and

pursuant to section 17(b) of the 1940

Act exempting related transactions from

section 17(a) of the 1940 Act.

FILING DATE: The application was filed

on March 12, 1997, and amended on

April 18, 1997, July 29, 1997 and

August 20, 1997.

HEARING OR NOTIFICATION OF HEARING: An

order granting the application will be

issued unless the Commission orders a

hearing. Interested persons may request

a hearing by writing to the Secretary of

the Commission and serving Applicants

with a copy of the request, personally or

by mail. Hearing requests should be

received by the Commission by 5:30

p.m. on September 17, 1997, and should

be accompanied by proof of service on

Applicants, in the form of an affidavit

or, for lawyers, a certificate of service.

Hearing requests should state the nature

of the writer’s interest, the reason for the

request, and the issues contested.

Persons who wish to be notified of a

hearing may request notification by

writing to the Secretary of the

Commission.

ADDRESSES: Secretary, Securities and

Exchange Commission, 450 Fifth Street,

NW., Washington, DC 20549.

Applicants, c/o Josephine Cicchetti,

Esq., Jorden Burt Berenson & Johnson,

LLP, 1025 Thomas Jefferson Street, NW.,

Suite 400 East, Washington, DC 20007–

0805.

FOR FURTHER INFORMATION CONTACT:

Ethan D. Corey, Senior Counsel or Kevin

M. Kirchoff, Branch Chief, Office of

Insurance Products (Division of

Investment Management) at (202) 942–

0670.

SUPPLEMENTARY INFORMATION: The

following is a summary of the

application. The complete application is

available for a fee from the Public

Reference Branch of the Commission.

Applicants Representations

1. GWL&A, a Colorado stock life

insurance company, does business in

the District of Columbia, Puerto Rico,

and in all states of the United States,

except New York.

2. GWL&A is wholly-owned by The

Great-West Life Assurance Company,

which is a subsidiary of Great-West

Lifeco Inc., an insurance holding

company. Great-West Lifeco Inc. is a

subsidiary of Power Financial

Corporation of Canada, which is

controlled by Power Corporation of

Canada.

3. The Separate Account, established

by GWL&A pursuant to Colorado law, is

registered with the Commission as a

unit investment trust. The Separate

Account acts as a funding vehicle for

certain individual flexible premium

deferred contracts (the ‘‘Contracts’’).

The Separate Account currently has

fifteen investment divisions, each of

which invest exclusively in one of the

corresponding portfolios of Maxim, an

open-end management investment

company.

4. Orchard, the principal underwriter

of the Contracts, is registered as a

broker-dealer pursuant to the Securities

Exchange Act of 1934, and is a member

of the National Association of Securities

Dealers, Inc.

5. The Contracts expressly reserve

GWL&A’s right, both on its own behalf

and on behalf of the Separate Account,

to eliminate investment divisions,

combine two or more investment

divisions, or substitute one or more

underlying funds for others in which its

investment divisions are invested.

6. GWL&A, on its own behalf and on

behalf of the Separate Account,

proposes to exercise its contractual right

to substitute shares of the Maxim Series

Fund Blue Chip Portfolio (‘‘Substituted

Portfolio’’) for respective shares of the

Maximum Series Fund Total Return

Portfolio (‘‘Eliminated Portfolio’’) (the

‘‘Substitution’’). Applicants believe the

Substitution will benefit the Contract

owners by eliminating a portfolio with

below average historical returns and

consolidating Contract owners

investments in the Substituted Portfolio,

which has investment objectives similar

to the Eliminated Portfolio.

7. The Substituted Portfolio has been

in existence since May 1, 1997, and

does not have a performance record.

However, the Substituted Portfolio has

the same investment objective and the

same investment strategy as the

Founders Blue Chip Portfolio, which

has consistently provided better total

returns than the Eliminated Portfolio. In

addition, the Substituted Portfolio is

sub-advised by the same portfolio

manager that advises the Founders Blue

Chip Portfolio.

8. Contract owners will be advised

that they can transfer their shares in the

Eliminated Portfolio to the remaining

portfolios of Maxim or leave their shares

in the Eliminated Portfolios until the

date of the Substitution. As of the date

of the Substitution, all Contract values

allocated to the Eliminated Portfolio

will be automatically reallocated to the

Substituted Portfolio. Maxim intends to

cease offering shares of the Eliminated

Portfolio after the date of the

Substitution. Contract owners can

always exercise their own judgment as

to the most appropriate alternative

investment and transfer their Contract

values from the Substituted Portfolio to

any one of the remaining thirteen

investment divisions. No sales load

deductions or transfer charges will be

assessed in connection with any

transfers among the portfolios because

of the Substitution or otherwise.

9. Applicants represent that the total

expenses of the Substituted Portfolio

will be 1.15% while the total expenses

of the Eliminated Portfolio are 0.60%.

Should Contract owners with current