[Federal Register Volume 77, Number 4 (Friday, January 6, 2012)]
[Notices]
[Page 834]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-65]


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SMALL BUSINESS ADMINISTRATION


Delegation of Authority; Delegation of Authority No. 12-A 
(Revision 5) Re-delegation of Financial Assistance; Amendment 3

AGENCY: U.S. Small Business Administration.

ACTION: Notice of Amendment to Delegation of Authority.

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SUMMARY: This document provides the public notice of an amendment to 
Delegation of Authority No. 12-A (Revision 5) (56 FR 55147, October 24, 
1991) (the ``Delegation''), which delegated authority regarding the 
Small Business Administration's (SBA's) lending and financial 
assistance programs. This document amends the Delegation to allow 
certain authority granted therein to be re-delegated and to update the 
position title of Assistant Administrator for Financial Assistance. SBA 
is providing this limited re-delegation to facilitate secondary market 
sales of Certified Development Company (``CDC'') debentures and 
guaranteed certificate issuance.

FOR FURTHER INFORMATION CONTACT: Ingrid Ripley, Program Analyst, U.S. 
Small Business Administration, 409 3rd Street SW., Washington, DC 
20416; telephone number: (202) 205-7538, facsimile number: (202) 481-
4020; and electronic mail: <a href="/cdn-cgi/l/email-protection#d6bfb8b1a4bfb2f8a4bfa6bab3af96a5b4b7f8b1b9a0"><span class="__cf_email__" data-cfemail="127b7c75607b763c607b627e776b526170733c757d64">[email protected]</span></a>.

SUPPLEMENTARY INFORMATION: Delegation of Authority No. 12-A (Revision 
5) (56 FR 55147, October 24, 1991) delegated certain authority 
regarding the Agency's financial assistance programs, including but not 
limited to, the authority ``To take all necessary actions in connection 
with the sale of SBA guaranteed CDC debentures and SBA guaranteed 
certificates issued against pools of such debentures to the Federal 
Financing Bank or any other duly qualified purchaser as determined by 
SBA.'' SBA is authorized to sell CDC debentures and issue guaranteed 
certificates under 15 U.S.C. 697a and b. The Delegation prohibited the 
re-delegation of the authority granted therein. (Paragraph III of the 
Delegation.) This document provides public notice that SBA hereby 
amends the Delegation to allow the authority delegated to the Assistant 
Administrator for Financial Assistance pursuant to paragraph I. A.1.d. 
covering sales of CDC debentures and guaranteed certificates to be re-
delegated.
    This document also revises the position title previously identified 
as ``Assistant Administrator for Financial Assistance'' to read 
``Director, Office of Financial Assistance (D/FA).'' This revision to 
position title extends no new responsibilities to the position and 
aligns the current position title with its associated responsibilities.
    Delegation of Authority No. 12-A (Revision 5), is amended to read 
as follows:

    I. * * *
    A. To the Director, Office of Financial Assistance (D/FA):
    1. Financial Assistance Program
* * * * *
    d. To take all necessary actions in connection with the sale of 
SBA guaranteed Certified Development Company debentures and SBA 
guaranteed certificates issued against pools of such debentures to 
any duly qualified purchaser as determined by SBA. This authority 
may be re-delegated.
* * * * *
    III. The authority delegated herein may not be re-delegated 
unless authority to re-delegate has been specifically authorized. * 
* *


    Dated: December 29, 2011.
Karen G. Mills,
Administrator.
[FR Doc. 2012-65 Filed 1-5-12; 8:45 am]
BILLING CODE 8025-01-P


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