47366 Federal Register / Vol. 62, No. 174 / Tuesday, September 9, 1997 / Rules and Regulations

been eliminated, the request should include

specific proposed actions to address it.

Compliance: Required as indicated, unless

accomplished previously.

To prevent the captain and first officer

crew seats from sliding freely on the track,

which could result in uncommanded

movement of the seats and reduced

controllability of the airplane, accomplish

the following:

(a) Within 90 days after the effective date

of this AD, perform a visual inspection of the

seat identification labels of the captain and

first officer crew seats to determine whether

these seats were modified by installing a

bearing retaining pin in the tracklock bracket

assembly of the seats, and whether the seats

were marked by an identification label, in

accordance with IPECO Service Bulletin

A001–25–74, Issue 2, dated May 6, 1993, or

IPECO Service Bulletin A001–25–92, Issue 1,

dated June 2, 1997.

(i) If the modification and marking of the

crew seats were accomplished in accordance

with service bulletin A001–25–74 or A001–

25–92, no further action is required by this

AD.

(ii) If the modification and marking were

not accomplished in accordance with either

service bulletin, within 90 days after the

effective date of this AD, accomplish the

modification (installation of a bearing

retaining pin in the tracklock bracket

assembly of the captain and first officer crew

seats), and the marking of the seat

identification label; in accordance with

IPECO Service Bulletin A001–25–92, Issue 1,

dated June 2, 1997.

(b) As of the effective date of this AD, no

person shall install on any airplane a pilot/

co-pilot (captain/first officer) crew seat that

does not bear the marking ‘‘A001–25–74’’ or

‘‘A001–25–92’’ on the seat identification

label.

(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, Seattle

Aircraft Certification Office (ACO), FAA,

Transport Airplane Directorate. Operators

shall submit their requests through an

appropriate FAA Principal Maintenance

Inspector, who may add comments and then

send it to the Manager, Seattle ACO.

Note 2: Information concerning the

existence of approved alternative

methods of compliance with this AD, if

any, may be obtained from the Seattle

ACO.

(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 IPECO Service Bulletin A001–25–92,

Issue 1, dated June 2, 1997; or IPECO Service

Bulletin A001–25–74, Issue 2, dated May 6,

1993.

(1) The incorporation by reference of

IPECO Service Bulletin A001–25–92, ssue 1,

dated June 2, 1997, is approved by the

Director of the Federal Register in accordance

with 5 U.S.C. 552(a) and 1 CFR part 51.

(2) The incorporation by reference of

IPECO Service Bulletin A001–25–74, Issue 2,

dated May 6, 1993, was approved previously

by the Director of the Federal Register as of

August 24, 1993 (58 FR 42192, August 9,

1993).

(3) Copies may be obtained from IPECO,

Inc., 3882 Del Amo Boulevard, suite 604,

Torrance, California 90503. 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

September 24, 1997.

Issued in Renton, Washington, on

September 3, 1997.

Darrell M. Pederson,

Acting Manager, Transport Airplane

Directorate, Aircraft Certification Service.

[FR Doc. 97–23862 Filed 9–8–97; 8:45 am]

BILLING CODE 4910–13–P

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 71

[Airspace Docket No. No. 97–ASO–5]

Amendment to Class E Airspace;

Titusville, FL

AGENCY: Federal Aviation

Administration (FAA), DOT.

ACTION: Final rule.

SUMMARY: This amendment modifies the

Class E airspace area at Titusville, FL.

Global Positioning System (GPS)

Runway (RWY) 15 and RWY 33

Standard Instrument Approach

Procedures (SIAPs) have been

developed for the Arthur Dunn Air Park.

Additional controlled airspace

extending upward from 700 feet Above

Ground Level (AGL) is needed to

accommodate the SIAPs. The operating

status of the airport will change from

Visual Flight Rules (VFR) to include

Instrumental Flight Rules (IFR)

operations concurrent with publication

of the SIAPs

EFFECTIVE DATE: 0901 UTC, November 6,

1997.

FOR FURTHER INFORMATION CONTACT:

Nancy B. Shelton, Airspace Branch, Air

Traffic Division, Federal Aviation

Administration, P.O. Box 20636,

Atlanta, Georgia 30320; telephone (404)

305–5576.

SUPPLEMENTARY INFORMATION:

History

On April 14, 1997, the FAA proposed

to amend Part 71 of the Federal Aviation

Regulations (14 CFR Part 71) by

modifying Class E airspace at Titusville,

FL (62 FR 18067). This action would

provide adequate Class E airspace for

IFR operations at the Arthur Dunn Air

Park. Designations for Class E airspace

extending upward from 700 feet or more

above the surface are published in

Paragraph 6005 of FAA Order 7400.9D,

dated September 4, 1996, and effective

September 16, 1996, which is

incorporated by reference in 14 CFR

Part 71.1. The Class E airspace

designation listed in this document will

be published subsequently in the Order.

Interested parties were invited to

participate in this rulemaking

proceeding by submitting written

comments on the proposal to the FAA.

One comment was received objecting to

the proposal. The United States Air

Force objected to the proposed Class E

airspace citing general safety concerns

over parachute jumping activity and

radar coverage in the vicinity of Arthur

Dunn Air Park.

This FAA response action will

enhance safety by lowering the floor of

existing Class E airspace from 1200 feet

AGL to 700 feet AGL within 6.3 miles

of the Arthur Dunn Air Park to

accommodate 2 GPS SIAPs which have

been developed for the airport. The

airspace modification as proposed is

required in order to provide adequate

controlled airspace for the GPS SIAPs

into the Arthur Dunn Air Park.

The Rule

This amendment to Part 71 of the

Federal Aviation Regulations (14 CFR

Part 71) modifies Class E airspace at

Titusville, FL. Global Positioning

System RWY 15 and RWY 33 SIAPs

have been developed for the Arthur

Dunn Air Park. Additional controlled

airspace extending upward from 700

feet AGL is needed to accommodate the

SIAPs. The operating status of the

airport will change from VFR to include

IFR operations concurrent with the

publication of the SIAPs.

The FAA has determined that this

regulation only involves an established

body of technical regulations for which

frequent and routine amendments are

necessary to keep them operationally

current. It, therefore, (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)

does not warrant preparation of a

Regulatory Evaluation as the anticipated

impact is so minimal. Since this is a

routine that will only affect air traffic

procedures and air navigation, it is

certified that this rule will not have a

significant economic impact on a

substantial number of small entities
Federal Register / Vol. 62, No. 174 / Tuesday, September 9, 1997 / Rules and Regulations 47367

1 17 CFR 200.10 through 200.30–18.

2 17 CFR 200.30–6(a).

3 17 CFR 228.10 through 228.702.

4 17 CFR 200.30–6(b).

5 17 CFR 230.251 through 230.263.

6 17 CFR 200.30–6(c).

7 17 CFR 230.651 through 230.656, rescinded in

Release No. 33–7300 (May 31, 1996) [61 FR 30397].

8 17 CFR 200.30–1(b).

9 17 CFR 230.300 through 230.346, rescinded in

Release No. 33–7300.

10 17 CFR 200.30–1(g)(2).

11 15 U.S.C. 77a through 77aa.

12 17 CFR 239.9.

13 17 CFR 239.10.

14 17 CFR 200.30–1(c)(2) and (3).

15Release No. 33–7373 (December 16, 1996) [61

FR 67200].

under the criteria of the Regulatory

Flexibility Act.

List of Subjects in 14 CFR Part 71

Airspace, Incorporation by reference,

Navigation (air).

Adoption of the Amendment

In consideration of the foregoing, the

Federal Aviation Administration

amends 14 CFR Part 71 as follows:

PART 71—[AMENDED]

1. The authority citation for 14 CFR

Part 71 continues to read as follows:

Authority: 49 U.S.C. 106(g), 40103, 40113,

40120; EO 10854, 24 FR 9565, 3 CFR, 1959–

1963 Comp., p. 389.

§ 71.1 [Amended]

2. The incorporation by reference in

14 CFR 71.1 of Federal Aviation

Administration Order 7400.9D, Airspace

Designations and Reporting Points,

dated September 4, 1996, and effective

September 16, 1996, is amended as

follows:

Paragraph 6005 Class E airspace areas

extending upward from 700 feet or more

above the surface of the earth.

* * * * *

ASO FL E5 Titusville, FL [Revised]

Titusville, Space Coast Regional Airport, FL

(Lat. 28°30′50′′ N, long. 80°47′58′′ W)

NASA Shuttle Landing Facility

(Lat. 28°36′54′′ N, long. 80°41′40′′ W)

Arthur Dunn Air Park

(Lat. 28°37′21′′ N, long. 80°50′11′′ W)

That airspace extending upward from 700

feet above the surface within a 6.5-mile

radius of Space Coast Regional Airport, and

within a 7.2-mile radius of NASA Shuttle

Landing Facility and within a 6.3-mile radius

of Arthur Dunn Air Park.

* * * * *

Issued in College Park, Georgia, on August

11, 1997.

Nancy B. Shelton,

Manager, Air Traffic Division, Southern

Region.

[FR Doc. 97–23734 Filed 9–8–97; 8:45 am]

BILLING CODE 4910–13–M

SECURITIES AND EXCHANGE

COMMISSION

17 CFR Part 200

[Release No. 33–7445]

Amendment of Rules Governing the

Delegation of Authority to Regional

Directors and the Director of the

Division of Corporation Finance

AGENCY: Securities and Exchange

Commission.

ACTION: Final rule.

SUMMARY: The Securities and Exchange

Commission is adopting revisions to its

rules of general organization to

eliminate outdated provisions that

delegate authority to the Regional

Directors and the Director of the

Division of Corporation Finance.

DATES: The rule revisions are effective

September 9, 1997.

FOR FURTHER INFORMATION CONTACT:

Elliot Staffin, Attorney-Advisor,

Division of Corporation Finance, (202)

942–2829, U.S. Securities and Exchange

Commission, Washington, D.C. 20549.

SUPPLEMENTARY INFORMATION: The

Securities and Exchange Commission

(‘‘Commission’’) is eliminating the

following ‘‘delegated authority’’

provisions in its rules of general

organization:1 Rule 30–6(a),2 which

delegates authority to its Regional

Directors regarding Regulation S–B;3

Rule 30–6(b),4 which delegates authority

to its Regional Directors regarding

Regulation A;5 Rule 30–6(c),6 which

delegates authority to its Regional

Directors regarding Regulation F;7 Rule

30–1(b),8 which delegates authority to

the Director of Corporation Finance

regarding Regulation B;9 and Rule 30–

1(g)(2),10 which grants the same

authority to the Director of Corporation

Finance as that delegated to each

Regional Director under Rule 30–6(a)

and (c).

I. DISCUSSION

A. Revision of Regional Director

‘‘Delegation of Authority’’ Rules

The Commission has delegated

authority to its Regional Directors to

perform several functions under the

statutes that it administers. Rules 30–

6(a), (b) and (c) govern the delegation of

authority to Regional Directors to

perform functions under the Securities

Act of 1933 (‘‘Securities Act’’).11 In

particular, Rule 30–6(a) grants authority

to each Regional Director to perform

functions regarding Forms SB–112 and

SB–2,13 the registration statements for

small business issuers, and related

documents filed under Regulation S–B.

Rule 30–6(b) grants to each Regional

Director the authority to perform certain

functions under Regulation A.

Regulation A provides a limited

exemption from the registration

requirements of the Securities Act for a

securities offering by certain domestic

and Canadian companies that meet the

specific conditions of the exemption.

Under Rule 30–6(b), each Regional

Director possesses the same authority

regarding Regulation A offering

statements as that delegated to the

Director of the Division of Corporation

Finance under Rules 30–1(c)(2) and

(3).14 This authority includes issuing

orders that qualify offering statements or

that declare them withdrawn or

abandoned.

This delegation of authority to

Regional Directors regarding

Regulations S–B and A documents was

necessary because, until recently, a

small business issuer conducting an

initial public offering and a Regulation

A issuer had the option of filing,

respectively, its Regulation S–B

registration statement and Form 1–A

offering statement either at the

Commission’s Headquarters in

Washington, D.C. or in the Regional or

District Office for the region closest to

the registrant’s principal place of

business. However, in December 1996,

the Commission revised Forms SB–1,

SB–2 and 1–A to eliminate the Regional

Office filing option and to require these

forms to be filed at the Commission’s

Headquarters in Washington, D.C.15

These revisions were part of a broader

Commission initiative to improve

generally the regulatory conditions for

small business by creating a new

Headquarters operations unit that

specializes in small company filings and

addressing the concerns of small

businesses. Since the Regional and

District Offices no longer perform any

role in administering Regulation S–B

and Regulation A filings, the

corresponding Regional Director

‘‘delegation of authority’’ provisions

have ceased to serve a useful purpose.

Accordingly, the Commission is

rescinding Rule 30–6(a) and (b) in their

entirety.

Rule 30–6(c) governs the delegation of

authority to Regional Directors

concerning Regulation F documents.

Until recently, Regulation F provided a

conditional limited exemption from

Securities Act registration for

assessments levied on assessable stock