Federal Register / Vol. 83, No. 170 / Friday, August 31, 2018 / Rules and Regulations 44455 

■ c. Removing the period at the end of 

paragraph (c)(2)(vi) and adding ‘‘; or’’ in 

its place; and 

■ d. Adding paragraph (c)(3). 

The republication and addition read 

as follows: 

§ 50.20 High-quality liquid asset criteria. 

* * * * * 

(c) Level 2B liquid assets. An asset is 

a level 2B liquid asset if the asset is 

liquid and readily-marketable and is one 

of the following types of assets: 

* * * * * 

(3) A municipal obligation that is 

investment grade under 12 CFR part 1 

as of the calculation date. 

Federal Reserve System 

PART 249—LIQUIDITY RISK 

MEASUREMENT STANDARDS 

(REGULATION WW) 

■ 4. The authority citation for part 249 

continues to read as follows: 

Authority: 12 U.S.C. 248(a), 321–338a, 

481–486, 1467a(g)(1), 1818, 1828, 1831p–1, 

1831o–1, 1844(b), 5365, 5366, 5368. 

■ 5. Amend § 249.3 by removing the 

definition for ‘‘General obligation’’ and 

adding the definition for ‘‘Municipal 

obligation’’ in alphabetical order to read 

as follows: 

§ 249.3 Definitions. 

* * * * * 

Municipal obligation means an 

obligation of: 

(1) A state or any political subdivision 

thereof; or 

(2) Any agency or instrumentality of 

a state or any political subdivision 

thereof. 

* * * * * 

■ 6. Amend § 249.20 by republishing 

paragraph (c) introductory text, 

removing the ‘‘or’’ at the end of 

paragraph (c)(1)(iii), removing 

paragraph (c)(2), redesignating 

paragraph (c)(3) as (c)(2), removing the 

period at the end of newly redesignated 

paragraph (c)(2)(vi) and adding ‘‘; or’’ in 

its place, and adding a new paragraph 

(c)(3) to read as follows: 

§ 249.20 High-quality liquid asset criteria. 

* * * * * 

(c) Level 2B liquid assets. An asset is 

a level 2B liquid asset if the asset is 

liquid and readily-marketable and is one 

of the following types of assets: 

* * * * * 

(3) A municipal obligation that is 

investment grade under 12 CFR part 1 

as of the calculation date. 

§ 249.21 [Amended] 

■ 7. Amend § 249.21 by: 

■ a. Removing paragraph (b)(4); 

■ b. Removing ‘‘; plus’’ at the end of 

paragraph (c)(2) and adding in its place 

a period; 

■ c. Removing paragraphs (c)(3), (f), and 

(g)(4); 

■ d. Removing ‘‘; plus’’ at the end of 

paragraph (h)(2) and adding in its place 

a period; 

■ e. Removing paragraphs (h)(3) and (k); 

and 

■ f. Redesignating paragraphs (g) 

through (j) as paragraphs (f) through (i), 

respectively. 

§ 249.22 [Amended] 

■ 8. Amend § 249.22 by removing 

paragraph (c) and redesignating 

paragraph (d) as paragraph (c). 

Federal Deposit Insurance Corporation 

PART 329—LIQUIDITY RISK 

MEASUREMENT STANDARDS 

■ 9. The authority citation for part 329 

continues to read as follows: 

Authority: 12 U.S.C. 1815, 1816, 1818, 

1819, 1828, 1831p–1, 5412. 

■ 10. Section 329.3 is amended by 

revising the definition for ‘‘Liquid and 

readily-marketable’’ and adding the 

definition for ‘‘Municipal obligation’’ in 

alphabetical order to read as follows: 

§ 329.3 Definitions. 

* * * * * 

Liquid and readily-marketable has the 

meaning given the term in 12 CFR 

249.3. 

* * * * * 

Municipal obligation means an 

obligation of: 

(1) A state or any political subdivision 

thereof; or 

(2) Any agency or instrumentality of 

a state or any political subdivision 

thereof. 

* * * * * 

■ 11. Section 329.20 is amended by: 

■ a. Republishing paragraph (c) 

introductory text; 

■ b. Removing the ‘‘or’’ at the end of 

paragraph (c)(1)(iii); 

■ c. Removing the period at the end of 

paragraph (c)(2)(vi) and adding ‘‘; or’’ in 

its place; and 

■ d. Adding paragraph (c)(3). 

The republication and addition read 

as follows: 

§ 329.20 High-quality liquid asset criteria. 

* * * * * 

(c) Level 2B liquid assets. An asset is 

a level 2B liquid asset if the asset is 

liquid and readily-marketable and is one 

of the following types of assets: 

* * * * * 

(3) A municipal obligation that is 

investment grade under 12 CFR part 1 

as of the calculation date. 

Dated: August 20, 2018. 

Joseph M. Otting, 

Comptroller of the Currency. 

By order of the Board of Governors of the 

Federal Reserve System, August 21, 2018. 

Ann E. Misback, 

Secretary of the Board. 

Dated at Washington, DC, on August 22, 

2018. 

By order of the Board of Directors. 

Federal Deposit Insurance Corporation. 

Valerie Jean Best, 

Assistant Executive Secretary. 

[FR Doc. 2018–18610 Filed 8–30–18; 8:45 am] 

BILLING CODE 4810–33–P; 6210–01–P; 6714–01–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 31 

[Docket No. FAA–2018–0566; Notice No. 31– 

002–SC] 

Special Conditions: Ultramagic S.A., 

Model M–56, M–56C, M–65, M–65C, M– 

77, M–77C, M–90, M–105, M–120, M– 

130, M–145, M–160, N–180, N–210, N– 

250, N–300, N–355, N–425, S–70, S–90, 

S–105, S–130, S–160, T–150, T–180, T– 

210, V–56, V–65, V–77, V–90, and V– 

105 Balloons; Balloon Passenger 

Basket, Model CV–08, Seat Installation 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Final special conditions. 

SUMMARY: These special conditions are 

issued for Ultramagic S.A. Models M– 

56, M–56C, M–65, M–65C, M–77, M– 

77C, M–90, M–105, M–120, M–130, M– 

145, M–160, N–180, N–210, N–250, N– 

300, N–355, N–425, S–70, S–90, S–105, 

S–130, S–160, T–150, T–180, T–210, V– 

56, V–65, V–77, V–90, and V–105 

balloons. These balloons will have 

novel or unusual design features 

associated with a standard construction 

basket with a singular distribution that 

includes four occupant seats and a 

lower sidewall. The applicable 

airworthiness regulations do not contain 

adequate or appropriate safety standards 

for these design features. These special 

conditions contain the additional safety 

standards the Administrator considers 

necessary to establish a level of safety 

equivalent to that established by the 

existing airworthiness standards. 

DATES: These special conditions are 

effective August 31, 2018. 


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44456 Federal Register / Vol. 83, No. 170 / Friday, August 31, 2018 / Rules and Regulations 

1See http://rgl.faa.gov/. 

2Ref EASA Proposed Special Condition, ‘‘Seats 

and seat belts for hot air balloons,’’ Issue 1, dated 

October 3, 2014. 

3LFHLLS (Lufttu ̈ chtigkeitsforderungen fu ̈r 

Heissluft-Luftschiffe)—Airworthiness Requirements 

for Hot Air Ships, issued November 13, 1997, 

amended March 10, 1998, Germany. 

FOR FURTHER INFORMATION CONTACT: 

Robert Stegeman, FAA, AIR–691, Policy 

& Innovation Division, Small Airplane 

Standards Branch, Aircraft Certification 

Service, 901 Locust, Kansas City, 

Missouri 64106; telephone (816) 329– 

4140; facsimile (816) 329–4090. 

SUPPLEMENTARY INFORMATION: 

Background 

On August 4, 2016, Ultramagic S.A. 

(Ultramagic) applied for a change to 

Type Certificate (TC) No. B02CE 1 to 

include new basket Model no. CV–08 

for balloon Models M–56, M–56C, M– 

65, M–65C, M–77, M–77C, M–90, M– 

105, M–120, M–130, M–145, M–160, N– 

180, N–210, N–250, N–300, N–355, N– 

425, S–70, S–90, S–105, S–130, S–160, 

T–150, T–180, T–210, V–56, V–65, V– 

77, V–90, and V–105. The CV–08 basket 

consists of a traditionally constructed 

basket, but incorporates seats with 

restraints and trays for all passengers, as 

well as a lower basket sidewall to offer 

a panoramic view for passengers. The 

CV–08 basket will be matched with one 

of the balloon envelopes associated with 

the balloon models listed in these 

special conditions. The volume of hot 

air, gores, maximum diameter, and total 

height defines the balloon envelope. 

Most balloon baskets accommodate 

standing passengers. The CV–08 differs 

by incorporating passenger seats, 

restraints, and a lower basket sidewall. 

Due to the lower sidewall and seat 

configuration, passengers would need to 

remain seated and restrained with safety 

belts during flight. This configuration 

should consider the static strength of 

the installations, the possible loads in 

an accident, and the effect on passenger 

safety. Accident impact should consider 

safety comparison between a restrained, 

sitting occupant; and a normal, standing 

occupant. Safety requirements for 

balloon-seated occupants are not 

included in the existing airworthiness 

regulations. These special conditions 

evaluate the seat installations and 

restraints using methods consistent with 

special conditions issued by the 

European Aviation Safety Agency 

(EASA). The EASA special conditions 

are based upon a German standard for 

seats in hot air airships. 

Type Certification Basis 

Under the provisions of § 21.101, 

Ultramagic must show that the M–56, 

M–56C, M–65, M–65C, M–77, M–77C, 

M–90, M–105, M–120, M–130, M–145, 

M–160, N–180, N–210, N–250, N–300, 

N–355, N–425, S–70, S–90, S–105, S– 

130, S–160, T–150, T–180, T–210, V–56, 

V–65, V–77, V–90, and V–105 balloon 

models—coupled with the CV–08 

basket—continues to meet the 

applicable provisions of the regulations 

incorporated by reference in TC No. 

B02CE or the applicable regulations in 

effect on the date of application for the 

change. The regulations incorporated by 

reference in the type certificate are 

commonly referred to as the ‘‘original 

type certification basis.’’ The regulations 

incorporated by reference in TC No. 

B02CE are as follows: 

14 CFR 21.29 and part 31, effective on 

January, 1990, as amended by 31–1 

through 31–5 inclusive. 

Equivalent level of Safety findings per 

provision of 14 CFR 21.21(b)(1): 

ACE–08–15 of August 1, 2008, Burners, 

14 CFR 31.47(d) 

ACE–08–15A of November 05, 2013, 

Burners, 14 CFR 31.47(d), for Model 

S–70 

Special Conditions 31–001–SC 

applicable to MK–32 model burners. 

If the Administrator finds that the 

applicable airworthiness regulations 

(i.e., 14 CFR part 31) do not contain 

adequate or appropriate safety standards 

for the balloon models listed in these 

special conditions because of a novel or 

unusual design feature, special 

conditions are prescribed under the 

provisions of § 21.16. 

Special conditions are initially 

applicable to the model(s) for which 

they are issued. Should the type 

certificate for that model be amended 

later to include any other model that 

incorporates the same or similar novel 

or unusual design feature, or should any 

other model already included on the 

same type certificate be modified to 

incorporate the same or similar novel or 

unusual design feature, the FAA would 

apply these special conditions to the 

other model under § 21.101. 

The FAA issues special conditions, as 

defined in 14 CFR 11.19, in accordance 

with § 11.38, and they become part of 

the type-certification basis under 

§ 21.101. 

Novel or Unusual Design Features 

The M–56, M–56C, M–65, M–65C, M– 

77, M–77C, M–90, M–105, M–120, M– 

130, M–145, M–160, N–180, N–210, N– 

250, N–300, N–355, N–425, S–70, S–90, 

S–105, S–130, S–160, T–150, T–180, T– 

210, V–56, V–65, V–77, V–90, and V– 

105 balloon models coupled with a CV– 

08 basket will incorporate the following 

novel or unusual design features: 

Occupant seats with restraints and a 

lowered basket side rail. 

Discussion 

Neither the FAA’s airworthiness 

standards (14 CFR part 31, amendment 

31–5), nor EASA’s current Certification 

Specification (CS) for Hot Air Balloons 

(CS 31HB, amendment 1), incorporate 

specific requirements for seat and seat 

belts. 

EASA previously published a 

proposed special condition 2 (now 

expired) for seats and seat belts for hot 

air balloon baskets. EASA based the 

requirements of its proposed special 

condition on the German airworthiness 

requirements for Hot Air Airships 

LFHLLS,3 incorporating hot air balloon 

basket requirements for seats, seat belts, 

and the loads in an emergency landing 

condition, similar to hot air airship 

requirements. Ultramagic’s change 

application applied the language in the 

EASA proposed special condition for CS 

31HA.14(c), ‘‘Occupant mass,’’ CS 

31HA.43(d), ‘‘Fitting factor,’’ CS 

31HA.561(a) and (b)(1), ‘‘Emergency 

landing conditions—General,’’ and CS 

31HA.785(a), (c), and (d), ‘‘Seats and 

seat belts’’ to the CV–08 basket. The 

FAA finds that these standards are 

appropriate for a seated, restrained 

occupant. 

Discussion of Comments 

Notice of proposed special conditions 

No. 31–18–01–SC for the Ultramagic 

Balloon Models M–56, M–56C, M–65, 

M–65C, M–77, M–77C, M–90, M–105, 

M–120, M–130, M–145, M–160, N–180, 

N–210, N–250, N–300, N–355, N–425, 

S–70, S–90, S–105, S–130, S–160, T– 

150, T–180, T–210, V–56, V–65, V–77, 

V–90, and V–105 was published in the 

Federal Register on June 25, 2018 (83 

FR 29472). No comments were received, 

and the special conditions are adopted 

as proposed. 

Applicability 

As discussed above, these special 

conditions are applicable to the Model 

M–56, M–56C, M–65, M–65C, M–77, M– 

77C, M–90, M–105, M–120, M–130, M– 

145, M–160, N–180, N–210, N–250, N– 

300, N–355, N–425, S–70, S–90, S–105, 

S–130, S–160, T–150, T–180, T–210, V– 

56, V–65, V–77, V–90, and V–105 

balloons. Should Ultramagic apply at a 

later date for a change to the type 

certificate to include another model 

incorporating the same novel or unusual 

design feature, the FAA would apply 

these special conditions to that model as 

well. 


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Federal Register / Vol. 83, No. 170 / Friday, August 31, 2018 / Rules and Regulations 44457 

Conclusion 

This action affects only certain novel 

or unusual design features on the 

balloon models specified in these 

special conditions. It is not a rule of 

general applicability and it affects only 

the applicant who applied to the FAA 

for approval of these features on the 

airplane. These special conditions are 

identical in intent to the EASA special 

conditions, although the formatting has 

been altered to meet these special 

condition requirements. 

List of Subjects in 14 CFR Part 31 

Aircraft, Aviation safety. 

The authority citation for these 

special conditions is as follows: 

Authority: 49 U.S.C. 106(g), 40113, 44701– 

44702, 44704. 

The Special Conditions 

■ Accordingly, pursuant to the authority 

delegated to me by the Administrator, 

the following special conditions are 

issued as part of the type certification 

basis for Ultramagic S.A. Model M–56, 

M–56C, M–65, M–65C, M–77, M–77C, 

M–90, M–105, M–120, M–130, M–145, 

M–160, N–180, N–210, N–250, N–300, 

N–355, N–425, S–70, S–90, S–105, S– 

130, S–160, T–150, T–180, T–210, V–56, 

V–65, V–77, V–90, and V–105 balloons 

with a basket Model no. CV–08. 

1. Hot Air Balloon Crashworthiness 

Requirements for Seat Installations and 

Restraints for Seated and Restrained 

Occupants 

a. Occupant Mass 

For calculation purposes, it should be 

assumed the mass of an occupant is at 

least 86 kilograms (190 pounds). 

b. Seats, Safety Belts, and Harnesses 

Factor of Safety 

For each seat, safety belt, and harness, 

its attachment to the structure must be 

shown, by analysis, tests, or both, to be 

able to withstand the inertia forces 

prescribed in paragraph (c) of these 

special conditions multiplied by a 

fitting factor of 1.33. 

c. Emergency Landing Conditions— 

General 

The balloon—although it may be 

damaged under emergency landing 

conditions—must be designed to give 

each occupant every reasonable chance 

of avoiding serious injury in a crash 

landing—when seat belts provided for 

in the design are properly used—and 

the occupant is subject to the following 

ultimate inertia forces acting relative to 

the surrounding structure as well as 

independently of each other. 

(1) Forward 6g 

(2) Sideways 6g 

(3) Downward 6g 

d. Seats and Seatbelts 

(1) Each seat and its supporting 

structure must be designed for an 

occupant mass in accordance paragraph 

(a) of these special conditions and for 

the maximum load factors 

corresponding to the specified flight and 

ground load conditions, including the 

emergency landing conditions 

prescribed in paragraph (c) of these 

special conditions. 

(2) Each seat or berth shall be fitted 

with an individual approved seat belt or 

harness. 

(3) Seat belts installed on the balloon 

must not fail under flight or ground load 

conditions or emergency landing 

conditions in accordance with 

paragraph (c) of these special 

conditions, taking into account the 

geometrical arrangement of the belt 

attachment and the seat. 

Issued in Kansas City, Missouri, on August 

23, 2018. 

Pat Mullen, 

Manager, Small Airplane Standards Branch, 

Aircraft Certification Service. 

[FR Doc. 2018–18885 Filed 8–30–18; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 39 

[Docket No. FAA–2018–0169; Product 

Identifier 2017–NM–095–AD; Amendment 

39–19372; AD 2018–17–18] 

RIN 2120–AA64 

Airworthiness Directives; Airbus SAS 

Airplanes 

AGENCY: Federal Aviation 

Administration (FAA), Department of 

Transportation (DOT). 

ACTION: Final rule. 

SUMMARY: We are superseding 

Airworthiness Directive (AD) 2015–02– 

17, which applied to all Airbus Model 

A330–200, A330–200 Freighter, and 

A330–300 series airplanes. AD 2015– 

02–17 required revising the electrical 

emergency configuration procedure in 

the Emergency Procedures section of the 

airplane flight manual (AFM) to include 

procedures for deploying the ram air 

turbine manually to provide sufficient 

hydraulic power and avoid constant 

speed motor/generator (CSM/G) 

shedding. Since we issued AD 2015–02– 

17, we have determined that 

replacement or modification of the two 

flight warning computers (FWCs) is 

necessary to address the identified 

unsafe condition. This AD requires the 

replacement or modifications of the two 

FWCs. This AD also removes airplanes 

from the applicability. We are issuing 

this AD to address the unsafe condition 

on these products. 

DATES: This AD is effective October 5, 

2018. 

The Director of the Federal Register 

approved the incorporation by reference 

of a certain publication listed in this AD 

as of October 5, 2018. 

The Director of the Federal Register 

approved the incorporation by reference 

of certain other publications listed in 

this AD as of February 13, 2015 (80 FR 

4762, January 29, 2015). 

ADDRESSES: For service information 

identified in this final rule, contact 

Airbus SAS, Airworthiness Office— 

EAW, Rond-Point Emile Dewoitine No: 

2, 31700 Blagnac Cedex, France; 

telephone +33 5 61 93 36 96; fax +33 5 

61 93 44 51; email account.airwortheas@airbus.com; internet http://

www.airbus.com. You may view this 

referenced service information at the 

FAA, Transport Standards Branch, 2200 

South 216th St., Des Moines, WA. For 

information on the availability of this 

material at the FAA, call 206–231–3195. 

It is also available on the internet at 

http://www.regulations.gov by searching 

for and locating Docket No. FAA–2018– 

0169. 

Examining the AD Docket 

You may examine the AD docket on 

the internet at http://

www.regulations.gov by searching for 

and locating Docket No. FAA–2018– 

0169; or in person at Docket Operations 

between 9 a.m. and 5 p.m., Monday 

through Friday, except Federal holidays. 

The AD docket contains this final rule, 

the regulatory evaluation, any 

comments received, and other 

information. The address for Docket 

Operations (phone: 800–647–5527) is 

Docket Operations, U.S. Department of 

Transportation, Docket Operations, M– 

30, West Building Ground Floor, Room 

W12–140, 1200 New Jersey Avenue SE, 

Washington, DC 20590. 

FOR FURTHER INFORMATION CONTACT: 

Vladimir Ulyanov, Aerospace Engineer, 

International Section, Transport 

Standards Branch, FAA, 2200 South 

216th St., Des Moines, WA 98198; 

telephone and fax 206–231–3229. 

SUPPLEMENTARY INFORMATION: 

Discussion 

We issued a notice of proposed 

rulemaking (NPRM) to amend 14 CFR 

part 39 to supersede AD 2015–02–17, 


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