Federal Register / Vol. 62, No. 236 / Tuesday, December 9, 1997 / Proposed Rules 64775

transaction to figure finance charges should

calculate the annual percentage rate as

follows for the billing cycle in which the

transaction and charges are posted:

i. The denominator is calculated as if the

transaction occurred on the first day of the

billing cycle; and

ii. The numerator includes the amount of

the transaction charge plus all finance

charges derived from the application of the

periodic rate to the amount of the transaction

(including all charges from a prior cycle).]

* * * * *

8. In Supplement I to Part 226,

Section 226.18—Content of Disclosures,

under Paragraph 18(g) Payment

schedule., the 18(g) heading would be

revised, and a new paragraph 4. would

be added to read as follows:

* * * * *

Subpart C—Closed End Credit

* * * * *

§ 226.18 Content of Disclosures.

* * * * *

[Paragraph] 18(g) Payment schedule.

* * * * *

fl4. Timing of payments. Creditors must

disclose when payments are due, including

the calendar date that the beginning payment

is due. For example, a creditor may disclose

that payments are due ‘‘monthly beginning

on July 1, 1998.’’ A reference to the

occurrence of a particular event, for example,

disclosing that the first payment is due ‘‘30

days after the completion of construction,’’ is

not sufficient. If the beginning-payment date

is unknown, the creditor must use an

estimated date and label the disclosure as an

estimate pursuant to § 226.17(c).fi

* * * * *

9. In Supplement I to Part 226,

Section 226.33—Requirements for

Reverse Mortgages, under Paragraph

33(c)(1) Costs to consumer, in paragraph

2., a new sentence is added at the end

of the paragraph to read as follows:

* * * * *

Subpart E—Special Rules for Certain Home

Mortgage Transactions

§ 226.33 Requirements for Reverse

Mortgages.

* * * * *

33(c) Projected total cost of credit.

Paragraph 33(c)(1) Costs to consumer.

* * * * *

2. Annuity costs. * * * flFor example,

this includes the costs of an annuity that a

creditor offers, arranges, assists the consumer

in purchasing, or that the creditor is aware

the consumer is purchasing as a part of the

transaction.fi

* * * * *

By order of the Board of Governors of the

Federal Reserve System, acting through the

Secretary of the Board under delegated

authority, December 1, 1997.

William W. Wiles,

Secretary of the Board.

[FR Doc. 97–31896 Filed 12–8–97; 8:45 am]

BILLING CODE 6210–01–P

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 39

[Docket No. 97–NM–248–AD]

RIN 2120–AA64

Airworthiness Directives; Fokker

Model F28 Mark 0070 and Mark 0100

Series Airplanes

AGENCY: Federal Aviation

Administration, DOT.

ACTION: Notice of proposed rulemaking

(NPRM).

SUMMARY: This document proposes the

adoption of a new airworthiness

directive (AD) that is applicable to all

Fokker Model F28 Mark 0070 and Mark

0100 series airplanes. This proposal

would require inspection of the wing

leading edge sections for the correct

amount of bleed air exhaust holes, and

corrective actions, if necessary. This

proposal is prompted by issuance of

mandatory continuing airworthiness

information by a foreign civil

airworthiness authority. The actions

specified by the proposed AD are

intended to prevent malfunction of the

wing leading edge thermal anti-ice

system, which could result in reduced

controllability of the airplane and/or

reduced structural integrity of the wing

due to overheating.

DATES: Comments must be received by

January 8, 1998.

ADDRESSES: Submit comments in

triplicate to the Federal Aviation

Administration (FAA), Transport

Airplane Directorate, ANM–103,

Attention: Rules Docket No. 97–NM–

248–AD, 1601 Lind Avenue, SW.,

Renton, Washington 98055–4056.

Comments may be inspected at this

location between 9:00 a.m. and 3:00

p.m., Monday through Friday, except

Federal holidays.

The service information referenced in

the proposed rule 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.

FOR FURTHER INFORMATION CONTACT:

International Branch, ANM–116, FAA,

Transport Airplane Directorate, 1601

Lind Avenue, SW., Renton, Washington

98055–4056; telephone (425) 227–2110;

fax (425) 227–1149.

SUPPLEMENTARY INFORMATION:

Comments Invited

Interested persons are invited to

participate in the making of the

proposed 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 above. All communications

received on or before the closing date

for comments, specified above, will be

considered before taking action on the

proposed rule. The proposals contained

in this notice may be changed in light

of the comments received.

Comments are specifically invited on

the overall regulatory, economic,

environmental, and energy aspects of

the proposed 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

summarizing each FAA-public contact

concerned with the substance of this

proposal will be filed in the Rules

Docket.

Commenters wishing the FAA to

acknowledge receipt of their comments

submitted in response to this notice

must submit a self-addressed, stamped

postcard on which the following

statement is made: ‘‘Comments to

Docket Number 97–NM–248–AD.’’ The

postcard will be date stamped and

returned to the commenter.

Availability of NPRMs

Any person may obtain a copy of this

NPRM by submitting a request to the

FAA, Transport Airplane Directorate,

ANM–103, Attention: Rules Docket No.

97–NM–248–AD, 1601 Lind Avenue,

SW., Renton, Washington 98055–4056.

Discussion

The Rijksluchtvaartdienst (RLD),

which is the airworthiness authority for

the Netherlands, notified the FAA that

an unsafe condition may exist on all

Fokker Model F28 Mark 0070 and Mark

0100 series airplanes. The RLD advises

that, during assembly of a Fokker Model

F28 Mark 0100 series airplane, it was

discovered that the number of bleed air

exhaust holes in one of the wing leading

edge sections was not in conformity

with type design. Subsequent

investigation revealed that some spare

wing leading edge sections did not have

any bleed air exhaust holes present.
64776 Federal Register / Vol. 62, No. 236 / Tuesday, December 9, 1997 / Proposed Rules

Missing bleed air exhaust holes may

cause improper bleed air circulation

within the wing thermal anti-ice system.

This condition, if not corrected, could

result in malfunction of the wing

leading edge thermal anti-ice system,

which could result in reduced

controllability of the airplane and/or

reduced structural integrity of the wing

due to overheating.

Explanation of Relevant Service

Information

Fokker has issued Service Bulletin

SBF100–57–032, dated August 21, 1995,

which describes procedures for a onetime visual inspection of the wing

leading edge sections for the correct

amount of bleed air exhaust holes, and

rework of the wing leading edge

sections to add the correct amount of

holes, if necessary. The service bulletin

also describes procedures for visual

inspection of the adjacent structure of

certain wing leading edge sections to

detect heat damage, and repair, if

necessary. The service bulletin

references Fokker Component Service

Bulletin D14000–57–004, dated August

21, 1995, as an additional sources of

service information for a one-time visual

inspection of the wing leading edge

sections held in spares for the correct

amount of bleed air exhaust holes, and

rework of the wing leading edge

sections to add the correct amount of

holes, if necessary. Accomplishment of

the actions specified in the service

bulletins is intended to adequately

address the identified unsafe condition.

The RLD classified these service

bulletins as mandatory and issued

Dutch airworthiness directive BLA No.

1995–087 (A), dated August 31, 1995, in

order to assure the continued

airworthiness of these airplanes in the

Netherlands.

FAA’s Conclusions

These airplane models are

manufactured in the Netherlands and

are type certificated for operation in the

United States under the provisions of

section 21.29 of the Federal Aviation

Regulations (14 CFR 21.29) 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

Proposed 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, the proposed AD would require

accomplishment of the actions specified

in the service bulletins described

previously, except as discussed below.

Differences Between Proposed Rule and

Service Bulletin

Fokker Service Bulletin SBF100–57–

032, dated August 21, 1995, specifies

that operators are to contact the

manufacturer for repair instructions if

any heat damage is found. However, this

proposed AD would require that the

repairs be accomplished in accordance

with a method approved by the FAA.

Cost Impact

The FAA estimates that 131 Fokker

Model F28 Mark 0070 and Mark 0100

series airplanes of U.S. registry would

be affected by this proposed AD, that it

would take approximately 1 work hour

per airplane to accomplish the proposed

inspection, and that the average labor

rate is $60 per work hour. Based on

these figures, the cost impact of the

proposed inspection on U.S. operators is

estimated to be $7,860, or $60 per

airplane.

The cost impact figure discussed

above is based on assumptions that no

operator has yet accomplished any of

the proposed requirements of this AD

action, and that no operator would

accomplish those actions in the future if

this AD were not adopted.

Regulatory Impact

The regulations proposed herein

would 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

proposal would not have sufficient

federalism implications to warrant the

preparation of a Federalism Assessment.

For the reasons discussed above, I

certify that 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) if

promulgated, 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 copy of the draft

regulatory evaluation prepared for this

action is contained in the Rules Docket.

A copy of it may be obtained by

contacting the Rules Docket at the

location provided under the caption

ADDRESSES.

List of Subjects in 14 CFR Part 39

Air transportation, Aircraft, Aviation

safety, Safety.

The Proposed Amendment

Accordingly, pursuant to the

authority delegated to me by the

Administrator, the Federal Aviation

Administration proposes to amend 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:

Fokker: Docket 97–NM–248–AD.

Applicability: All Model F28 Mark 0070

and Mark 0100 series airplanes, certificated

in any category.

Note 1: This AD applies to each airplane

identified in the preceding applicability

provision, regardless of whether it has been

otherwise 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 prevent malfunction of the wing leading

edge thermal anti-ice system, which could

result in reduced controllability of the

airplane and/or reduced structural integrity

of the wing due to overheating, accomplish

the following:

(a) Within 60 days after the effective date

of this AD, inspect all wing leading edge

sections for the presence of the correct

number of bleed air exhaust holes, in

accordance with Part 1 of the

Accomplishment Instructions of Fokker

Service Bulletin SBF100–57–032, dated

August 21, 1995. If any missing holes are

detected, prior to further flight, accomplish

paragraph (a)(1) and (a)(2) of this AD, in

accordance with Part 2 of the

Accomplishment Instructions of the service

bulletin:
Federal Register / Vol. 62, No. 236 / Tuesday, December 9, 1997 / Proposed Rules 64777

(1) Rework the affected wing leading edge

section(s) to add the correct number of holes,

and

(2) Perform a visual inspection of the

auxiliary spar or front spar, as applicable, to

detect heat damage. If any heat damage is

detected, prior to further flight, repair the

affected structure in accordance with a

method approved by the Manager,

International Branch, ANM–116, FAA,

Transport Airplane Directorate.

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

person shall install a wing leading edge

section, unless it has been inspected for the

presence of the correct number of bleed air

exhaust holes, and reworked, if necessary, to

add the correct number of holes, in

accordance with Fokker Component Service

Bulletin D14000–57–004, dated August 21,

1995.

(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,

International Branch, ANM–116, 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, International Branch,

ANM–116.

Note 2: Information concerning the

existence of approved alternative methods of

compliance with this AD, if any, may be

obtained from the International Branch,

ANM–116.

(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.

Note 3: The subject of this AD is addressed

in Dutch airworthiness directive BLA No.

1995–087 (A), dated August 31, 1995.

Issued in Renton, Washington, on

December 2, 1997.

Darrell M. Pederson,

Acting Manager, Transport Airplane

Directorate, Aircraft Certification Service.

[FR Doc. 97–32113 Filed 12–8–97; 8:45 am]

BILLING CODE 4910–13–U

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 39

[Docket No. 97–NM–280–AD]

RIN 2120–AA64

Airworthiness Directives; Aerospatiale

Model ATR72 Series Airplanes

AGENCY: Federal Aviation

Administration, DOT.

ACTION: Notice of proposed rulemaking

(NPRM).

SUMMARY: This document proposes the

adoption of a new airworthiness

directive (AD) that is applicable to

certain Aerospatiale Model ATR72

series airplanes. This proposal would

require removal of certain landing gear

attachment pins, and replacement of the

pins with serviceable pins. This

proposal is prompted by issuance of

mandatory continuing airworthiness

information by a foreign civil

airworthiness authority. The actions

specified by the proposed AD are

intended to prevent wear of the

attachment pins, which could result in

collapse of the main landing gear.

DATES: Comments must be received by

January 8, 1998.

ADDRESSES: Submit comments in

triplicate to the Federal Aviation

Administration (FAA), Transport

Airplane Directorate, ANM–103,

Attention: Rules Docket No. 97–NM–

280–AD, 1601 Lind Avenue, SW.,

Renton, Washington 98055–4056.

Comments may be inspected at this

location between 9:00 a.m. and 3:00

p.m., Monday through Friday, except

Federal holidays.

The service information referenced in

the proposed rule may be obtained from

Aerospatiale, 316 Route de Bayonne,

31060 Toulouse, Cedex 03, France. 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:

International Branch, ANM–116, FAA,

Transport Airplane Directorate, 1601

Lind Avenue, SW., Renton, Washington

98055–4056; telephone (425) 227–2110;

fax (425) 227–1149.

SUPPLEMENTARY INFORMATION:

Comments Invited

Interested persons are invited to

participate in the making of the

proposed 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 above. All communications

received on or before the closing date

for comments, specified above, will be

considered before taking action on the

proposed rule. The proposals contained

in this notice may be changed in light

of the comments received.

Comments are specifically invited on

the overall regulatory, economic,

environmental, and energy aspects of

the proposed 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

summarizing each FAA-public contact

concerned with the substance of this

proposal will be filed in the Rules

Docket.

Commenters wishing the FAA to

acknowledge receipt of their comments

submitted in response to this notice

must submit a self-addressed, stamped

postcard on which the following

statement is made: ‘‘Comments to

Docket Number 97–NM–280–AD.’’ The

postcard will be date stamped and

returned to the commenter.

Availability of NPRMs

Any person may obtain a copy of this

NPRM by submitting a request to the

FAA, Transport Airplane Directorate,

ANM–103, Attention: Rules Docket No.

97–NM–280–AD, 1601 Lind Avenue,

SW., Renton, Washington 98055–4056.

Discussion

The Direction Ge ́ne ́rale de l’Aviation

Civile (DGAC), which is the

airworthiness authority for France,

notified the FAA that an unsafe

condition may exist on certain

Aerospatiale Model ATR72 series

airplanes. The DGAC advises that failed

main landing gear (MLG) pins have been

found during routine inspections. The

failure has been traced to inadequate

quality control of the MLG attachment

pins during manufacture. Failure of the

MLG attachment pins, if not corrected,

could result in collapse of the MLG.

Explanation of Relevant Service

Information

Aerospatiale has issued Service

Bulletin No. ATR72–32–1036, and No.

ATR72–32–1037, both dated June 19,

1996, which describe procedures for

removal of certain attachment pins of

the MLG, and replacement of the pins

with serviceable pins. The Aerospatiale

service bulletins reference MessierDowty Service Bulletin No. 631–32–125,

dated May 7, 1996, and No. 631–32–

126, dated May 7, 1996, as the

appropriate sources of service

information for accomplishment of

these actions. The DGAC classified the

Aerospatiale service bulletins as

mandatory and issued French

airworthiness directive 96–096–029(B),

dated May 9, 1996, in order to assure

the continued airworthiness of these

airplanes in France.

FAA’s Conclusions

This airplane model is manufactured

in France and is type certificated for

operation in the United States under the

provisions of section 21.29 of the

Federal Aviation Regulations (14 CFR

21.29) and the applicable bilateral

airworthiness agreement. Pursuant to