1020 Federal Register / Vol. 62, No. 4 / Tuesday, January 7, 1997 / Notices

8Securities Exchange Act Release No. 16900

(June 17, 1980), 45 FR 41920 (order publishing

standards to be used by the Division in reviewing

the grant of full registration of clearing agencies).

9For a complete description of SCCP’s and

Philadep’s financing program, refer to Securities

Exchange Act Release No. 20221 (September 23,

1983), 48 FR 45167 (order approving full

registration of SCCP, Philadep, et al.).

10The staff of the Board of Governors of the

Federal Reserve System has concurred with the

Commission’s granting of accelerated approval of

Philadep’s proposed rule change. Telephone

conversation between John Rudolph, Board of

Governors of the Federal Reserve System, and Chris

Concannon, Staff Attorney, Division, Commission

(December 30, 1996). 11 17 CFR 200.30–3(a)(12).

Division of Market Regulation

(‘‘Division’’).8

The Commission believes that

clearing agencies operating SDFS

systems must have sufficient liquidity

from a combination of cash and lines of

credit to ensure that settlement occurs at

the end of the business day even if a

participant fails to settle with the

clearing agency or if the clearing agency

experiences a systems problem. The

Commission further believes that a

clearing agency must have immediate

access to an amount of cash which will

enable the clearing agency to fund

settlement for most participant failures

or systems problems without having to

immediately draw on its lines of credit

(i.e., a clearing agency’s lines of credit

should be its secondary source of

liquidity and not its primary source).

Given the demand for liquidity under an

SDFS environment and in light of

SCCP’s use of its participants fund to

finance specialists purchases, the

Commission has concerns about the

sufficiency of the levels of cash liquidity

provided by SCCP’s and Philadep’s

formulas.9 For these reasons, the

Commission is approving the proposed

rule changes through June 30, 1997, in

order that the Commission, SCCP, and

Philadep can continue to analyze the

adequacy of SCCP’s and Philadep’s

participants formulas.

SCCP and Philadep have requested

that the Commission approve the

proposed rule changes on an accelerated

basis. The Commission finds good cause

for approving the proposed rule changes

prior to the thirtieth day after the date

of publication of notice of filing because

the proposed rule changes will allow

SCCP and Philadep to continue to apply

their participants fund formulas when

the current temporary approvals expire

on December 31, 1996.10

IV. Solicitation of Comments

Interested persons are invited to

submit written data, views, and

arguments concerning the foregoing.

Persons making written submissions

should file six copies thereof with the

Secretary, Securities and Exchange

Commission, 450 Fifth Street, N.W.,

Washington, D.C. 20549. Copies of the

submission, all subsequent

amendments, all written statements

with respect to the proposed rule

change that are filed with the

Commission, and all written

communications relating to the

proposed rule change between the

Commission and any person, other than

those that may be withheld from the

public in accordance with the

provisions of 5 U.S.C. 552, will be

available for inspection and copying in

the Commission’s Public Reference

Room, 450 Fifth Street, N.W.,

Washington, D.C. 20549. Copies of such

filing will also be available for

inspection and copying at the principal

office of SCCP and Philadep.

All submissions should refer to file

numbers SR–SCCP–96–10 and SR–

Philadep–96–19 and should be

submitted by January 28, 1997.

It is therefore ordered pursuant to

Section 19(b)(2) of the Act, that the

proposed rule changes (File Nos. SR–

SCCP–96–10 and SR–Philadep–96–19)

be, and hereby are approved.

For the Commission by the Division of

Market Regulation, pursuant to delegated

authority.11

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 97–233 Filed 1–6–97; 8:45 am]

BILLING CODE 8010–01–M

DEPARTMENT OF TRANSPORTATION

Office of the Secretary

Reports, Forms and Recordkeeping

Requirements Agency Information

Collection Activity Under OMB Review

AGENCY: Department of Transportation

(DOT).

ACTION: Notice and request for

comments.

SUMMARY: In accordance with the

Paperwork Reduction Act of 1995 (44

U.S.C. Chapter 35, as amended) this

notice announces the Department of

Transportation’s (DOT) intention to

request extensions for eight currently

approved information collections

coming up for renewal, and

reinstatement, without change, of a

previously approved collection for

which approval has expired. The

Federal Register Notice with a 60-day

comment period soliciting comments on

the following collections of information

was published on October 22, 1996 [FR

61, page 54832]. 1. Transfer Procedures/

Waste Management Plans; 2. Vital

System Automation; and 3. Vessels

Reporting Requirements. The Federal

Register Notice with a 60-day comment

period soliciting comments on the

following collections of information was

published on October 29, 1996 [FR 61,

page 55834–55835]. These ICRs include:

1. Boating Accident Report; 2.

Certificate of Discharge to Merchant

Mariners; 3. Report of Oil or Hazardous

Substance Discharge; 4. Plan Approval

and Records for Marine Engineering

Systems; 5. Benzene; and 6. Vessel

Identification System (VIS).

DATES: Comments on this notice must be

received on or before February 6, 1997.

FOR FURTHER INFORMATION CONTACT:

Barbara Davis, U.S. Coast Guard, Office

of Information Management, telephone

(202) 267–2326.

SUPPLEMENTARY INFORMATION:

U.S. Coast Guard

1. Title: Boating accident Report.

OMB Control Number: 2115–0010.

Form Number(s): CG–3865, CG–

3865A.

Type of Request: Extension of a

currently approved collection.

Affected Entities: Operators of

recreational boats.

Abstract: The collection of

information requires operators of

recreational boats that are involved in

an accident to notify the nearest

reporting authority of the accident and

submit a casualty or accident report to

that authority.

Need: Title 46 U.S.C. 6102(a) requires

the establishment of a uniform marine

casualty reporting system, with

regulations prescribing casualties to be

reported and the manner of reporting.

The statute requires a State to compile

and submit to the Coast Guard; reports,

information and statistic on casualties

that are reported to the State.

Estimated Burden: The estimated

burden is 4,232 hours annually.

2. Title: Certificate of Discharge to

Merchant Mariners.

OMB Control Number: 2115–0042.

Form Number(s): CG–718A.

Type of Request: Extension of a

currently approved collection.

Affected Entities: Masters or Mates of

Shipping Companies and Merchant

Mariners.

Abstract: This collection of

information requires a master or mate of

a shipping company to submit

information on merchant mariners to

the U.S. Coast Guard that: (1) establishes

their sea service time; (2) sets forth their

qualifications for their original or

upgrading their existing credentials; and
Federal Register / Vol. 62, No. 4 / Tuesday, January 7, 1997 / Notices 1021

(3) sets forth their qualifications for

retirement or insurance benefits.

Need: Under Title 46 U.S.C. 10311,

the information collected is used to

show eligibility for merchant mariners

documents and to provide information

to the Maritime Administration on the

availability of mariners in a time of

National emergency.

Estimated Burden: The estimated

burden is 4,500 hours annually.

3. Title: Transfer Procedures/Waste

Management Plans.

OMB Control Number: 2115–0120.

Type of Request: Extension of a

currently approved collection.

Form Number(s): N/A.

Affected Entities: Vessel and facility

owners or operators.

Abstract: The collection of

information requires vessels with a

capacity of 250 or more barrels of oil to

develop and maintain on board the

vessel, oil transfer procedure plans

which will provide basic safety

information for operating the transfer

system. (1) Vessels with a capacity of

250 or more barrels of oil must have

written procedures for transferring oil to

and from the vessel and from tank to

tank and must follow the written

procedures in operating the transfer

system; (2) vessels with vapor control

systems must include operating

procedures and a line diagram of the

system in the vessel’s transfer

procedures; (3) tank vessels with a

capacity of 1,000 or more cubic meters

that load oil or oil residue as cargo must

include procedures regarding overfill

devices in the transfer procedures; and

(4) all oceangoing ships 40 feet or more

in length, engaged in commerce or

equipped with galleys and berths, must

maintain management plans for the

handling and disposal of ship

generated-garbage.

Estimated Burden: The estimated

burden is 29,797 hours annually.

4. Title: Report of Oil or Hazardous

Substance Discharge.

OMB Control Number: 2115–0137.

Type of Request: Extension of a

currently approved collection.

Form Number(s): N/A.

Affected Entities: Persons in charge of

a vessel or onshore/offshore facility.

Abstract: The collection of

information requires any person in

charge of a vessel or an onshore or

offshore facility to report to the National

Response Center, as soon as they have

knowledge of, any discharge of oil or

hazardous substance by telephone,

radio, telecommunication or a similar

means of rapid communication.

Need: Title 49 CFR 171.15, 33 CFR

153.203 and 40 CFR 264, mandates that

the National Response Center be the

central place to report all pollution

spills by the public.

Estimated Burden: The estimated

burden is 32,832 hours annually.

5. Title: 46 CFR Subchapter F—Plan

Approval and Records for Marine

Engineering Systems.

OMB Control Number: 2115–0142.

Type of Request: Extension of a

currently approved collection.

Form Number(s): N/A.

Affected Entities: Owners and

builders of commercial vessels.

Abstract: The collection of

information requires owners or builders

of commercial vessels to submit to the

U.S. Coast Guard for review and

approval, plans pertaining to the marine

engineering system prior to construction

to ensure that the vessel, if built in

accordance with the plans, will meet the

regulatory standards.

Need: Under 46 U.S.C. 3306, 46

U.S.C. 8105, and 49 CFR 1.46, the U.S.

Coast Guard has promulgated safety

regulations for the marine engineering

systems on board commercial vessels to

ensure that safety standards are met.

Estimated Burden: The estimated

burden is 5,304 hours annually.

6. Title: Vital System Automation: 46

CFR Parts 52, 56, 58, 61, 62, 110, 111

and 113.

OMB Control Number: 2115–0548.

Type of Request: Extension of a

currently approved collection.

Form Number(s): N/A.

Affected Entities: Vessel designers,

shipyards, manufacturers and owners of

inspected commercial vessels.

Abstract: The collection of

information requires the vital machinery

and engineering spaces of inspected

commercial vessels to be automated for

the convenience of operation,

improvement of efficiency, reduction of

personnel and the detection and control

of unsafe conditions.

Need: Under 46 U.S.C. 3306, 46

U.S.C. 8105 and 49 CFR 1.46, the Coast

Guard promulgated safety regulations

for automated vital systems on

inspected commercial vessels to ensure

safety of life at sea.

Estimated Burden: The estimated

burden is 14,400 hours annually.

7. Title: Vessel Reporting

Requirements.

OMB Control Number: 2115–0551.

Type of Request: Reinstatement,

without change, of a previously

approved collection for which approval

has expired.

Form Number(s): N/A.

Affected Entities: Owners, charterers,

managing operators, or agents.

Abstract: The collection of

information requires the owner,

charterer, managing operator or agent of

a U.S.-flagged vessel to immediately

notify the Coast Guard if there is reason

to believe the vessel is in distress or

lost. The report must be followed up

with written confirmation within 24

hours to the Coast Guard.

Need: Title 46 U.S.C. 2306 authorizes

the Coast Guard to implement the

reporting requirements necessary to

determine if a vessel is in distress or lost

and to take appropriate action to

provide needed assistance.

Estimated Burden: The estimated

burden is 93 hours annually.

8. Title: Benzene.

OMB Control Number: 2115–0586.

Type of Request: Extension of a

currently approved collection.

Form Number(s): N/A.

Affected Entities: Owners of inspected

vessels, tank ships and barges.

Abstract: The collection of

information requires owners of U.S.

Coast Guard inspected vessels,

including tank ships and barges that

transport benzene (except vessels of

foreign registry) to: (1) test and monitor

those vessels for benzene vapor; (2)

provide medical surveillance, training

and other protective measures for those

employees exposed to benzene vapor in

excess of the action level; and (3) keep

records to show that they have met each

requirement.

Need: Under 46 U.S.C. 3703 and 49

CFR 1.46 the Coast Guard is authorized

to issue regulations dealing with the

handling and storage of cargo and the

protection of life and property in the

marine area.

Estimated Burden: The estimated

burden is 59,755 hours annually.

9. Title: Vessel Identification System

(VIS).

OMB Control Number: 2115–0607.

Type of Request: Revision of a

currently approved collection.

Form Number(s): N/A.

Affected Entities: State agencies and

U.S. Territories.

Abstract: The collection of

information requires States and U.S.

Territories, who wish to participate, to

provide data on State numbered and

titled recreational vessels to a central

database known as the ‘‘Vessel

Identification System’’ (VIS) which is

maintained by the U.S. Coast Guard.

Need: Under Title 46 U.S.C. Chapters

121, 123, 125 and 33 CFR, Part 187, the

U.S. Coast Guard has established a

national vessel identification system for

State numbered and titled vessels to be

used by State and Federal agencies and

local law enforcement.

Estimated Burden: The estimated

burden is 2,057 hours annually.

ADDRESSES: Send comments to the

Office of Information and Regulatory
1022 Federal Register / Vol. 62, No. 4 / Tuesday, January 7, 1997 / Notices

Affairs, Office of Management and

Budget, 725–17th Street, NW,

Washington, DC 20503, Attention DOT

Desk Officer.

Comments are Invited on: Whether

the proposed collection of information

is necessary for the proper performance

of the functions of the Department,

including whether the information will

have practical utility; the accuracy of

the Department’s estimate of the burden

of the proposed information collection;

ways to enhance the quality, utility and

clarity of the information to be

collected; and ways to minimize the

burden of the collection of information

on respondents, including the use of

automated collection techniques or

other forms of information technology.

Issued in Washington, DC, on December

30, 1996.

Phillip A. Leach,

Clearance Officer, United States Department

of Transportation.

[FR Doc. 97–284 Filed 1–6–97; 8:45 am]

BILLING CODE 4910–62–P

Reports, Forms and Recordkeeping

Requirements; Agency Information

Collection Activity Under OMB Review

AGENCY: Research and Special Programs

Administration (RSPA), DOT.

ACTION: Notice.

SUMMARY: In compliance with the

Paperwork Reduction Act (44 U.S.C.

3501 et seq.), this notice announces that

the Information Collection Requests

(ICRs) abstracted below has been

forwarded to the Office of Management

and Budget (OMB) for review and

comment. The ICRs describes the nature

of the information collection and its

expected burden. The Federal Register

Notice with a 60-day comment period

soliciting comments on the following

collection of information was published

on August 12, 1996 (61 FR page 41820)

and March 28, 1996 (61 FR page 13918)

respectively.

DATES: Comments must be submitted on

or before February 6, 1997.

FOR FURTHER INFORMATION CONTACT:

Marvin Fell, (202) 366–6205, Office of

Pipeline Safety, Research and Special

Programs Administration, Department

of Transportation, 400 Seventh Street,

SW., Washington, DC 20590 and refer to

the OMB Control Number.

SUPPLEMENTARY INFORMATION: Research

and Special Programs Administration

(RSPA).

Title: Management Information

System (MIS) Standardized Data

Collection and Reporting of Drug

Testing Materials.

OMB Control Number: 2137–0579.

Form Number(s): N/A.

Affected Entities: Pipeline operators.

Type of Request: Extension of an

existing information collection.

Abstract: Drug abuse is a major

societal problem and it is reasonable to

assume the problem exists in the

pipeline industry as it does in society as

a whole. The potential harmful effect of

drug abuse on safe pipeline operations

warrants imposing comprehensive drug

testing regulations on the pipeline

industry. These rules are found in 49

CFR Part 199. These regulations require

annual information collection of the

results of the drug testing program.

Estimated Total Annual Burden on

Respondents: The estimated burden is

59,755 hours annually.

Title: Alcohol Misuse Prevention

Program.

OMB Number: 2137–0587.

Form Number(s): N/A.

Type of Request: Extension of an

existing information collection.

Affected Entities: Pipeline Operators.

Abstract: Alcohol misuse has been

identified by the Federal government as

a significant danger to safety in the

United States, and it is reasonable to

assume that the problem exists in the

pipeline industry. The potential harmful

effects of alcohol misuse on safe

pipeline operations warrant the

comprehensive alcohol misuse testing

regulation imposed on the pipeline

industry. These rules (49 CFR Part 199)

require information collection in the

form of an alcohol misuse prevention

plan and associated recordkeeping.

Estimated Total Annual Burden: The

estimated burden is 10,278 hours

annually.

ADDRESSES: Send comments to the

Office of Information and Regulatory

Affairs, Office of Management and

Budget, 725–17th Street, NW,

Washington, DC 20503, Attention DOT

Desk Officer.

Comments are invited on: the need for

the proposed collection of information

for the proper performance of the

functions of the agency, including

whether the information will have

practical utility; the accuracy of the

agency’s estimate of the burden of the

proposed collection of information

including the validity of the

methodology and assumptions used;

ways to enhance the quality, utility, and

clarity of the information to be

collected; and ways to minimize the

burden of the collection of information

on those who are to respond, including

the use of appropriate automated,

electronic, mechanical, or other

technological collection techniques.

Issued in Washington, DC, on December

30, 1996.

Phillip A. Leach,

Clearance Officer, United States Department

of Transportation.

[FR Doc. 97–285 Filed 1–6–97; 8:45 am]

BILLING CODE 4910–60–P

The Secretary of Transportation Has

Now Determined That Eldorado

International Airport, Bogota,

Colombia, Maintains and Carries Out

Effective Security Measures

Notice

By notice published on September 21,

1995, I announced that I had

determined that Eldorado International

Airport, Bogota, Colombia, did not

maintain and administer effective

security measures and that, pursuant to

49 U.S.C. 44907(d), I was providing

public notification of that

determination. I now find that Eldorado

International Airport maintains and

carries out effective security measures.

My determination is based on a recent

Federal Aviation Administration (FAA)

assessment which reveals that security

measures used at the airport now meet

or exceed the Standards and

Recommended Practices established by

the International Civil Aviation

Organization.

I have directed that a copy of this

notice be published in the Federal

Register and that the news media be

notified of my determination. In

addition, as a result of this

determination, the FAA will direct that

signs posted in U.S. airports relating to

my September 15, 1995, determination

be removed, and U.S. and foreign air

carriers will no longer be required to

provide notice of that determination to

passengers purchasing tickets for

transportation between the United

States and Bogota, Colombia.

Dated: December 20, 1996.

Federico Pen ̃ a,

Secretary of Transportation.

[FR Doc. 97–286 Filed 1–6–97; 8:45 am]

BILLING CODE 4910–60–P

Surface Transportation Board

[STB Finance Docket No. 33319]

Charles City Area Development

Corporation—Acquisition and

Operation Exemption—Trains

Unlimited, Incorporated

Charles City Area Development

Corporation has filed a verified notice of

exemption under 49 CFR 1150.31: (1) to

acquire and operate a total of