Federal Register / Vol. 78, No. 143 / Thursday, July 25, 2013 / Notices 44981 

DEPARTMENT OF LABOR 

Office of the Secretary 

Agency Information Collection 

Activities; Submission for OMB 

Review; Comment Request; Plan Asset 

Transactions Determined by In-House 

Asset Managers Under Prohibited 

Transaction Class Exemption 96–23 

ACTION: Notice. 

SUMMARY: The Department of Labor 

(DOL) is submitting the Employee 

Benefits Security Administration 

(EBSA) sponsored information 

collection request (ICR) titled, ‘‘Plan 

Asset Transactions Determined by InHouse Asset Managers under Prohibited 

Transaction Class Exemption 96–23,’’ to 

the Office of Management and Budget 

(OMB) for review and approval for 

continued use, without change, in 

accordance with the Paperwork 

Reduction Act (PRA) of 1995 (44 U.S.C. 

3501 et seq.). 

DATES: Submit comments on or before 

August 26, 2013. 

ADDRESSES: A copy of this ICR with 

applicable supporting documentation; 

including a description of the likely 

respondents, proposed frequency of 

response, and estimated total burden 

may be obtained free of charge from the 

RegInfo.gov Web site at http:// 

www.reginfo.gov/public/do/ 

PRAViewICR?ref_nbr=201305-1210-005 

(this link will only become active on the 

day following publication of this notice) 

or by contacting Michel Smyth by 

telephone at 202–693–4129 (this is not 

a toll-free number) or sending an email 

to DOL_PRA_PUBLIC@dol.gov. 

Submit comments about this request 

to the Office of Information and 

Regulatory Affairs, Attn: OMB Desk 

Officer for DOL–EBSA, Office of 

Management and Budget, Room 10235, 

725 17th Street NW., Washington, DC 

20503, Fax: 202–395–6881 (this is not a 

toll-free number), email: 

OIRA_submission@omb.eop.gov. 

FOR FURTHER INFORMATION CONTACT: 

Contact Michel Smyth by telephone at 

202–693–4129 (this is not a toll-free 

number) or by email at 

DOL_PRA_PUBLIC@dol.gov. 

Authority: 44 U.S.C. 3507(a)(1)(D). 

SUPPLEMENTARY INFORMATION: The 

Prohibited Transaction Class Exemption 

for Plan Asset Transactions Determined 

by In-House Asset Managers (PTE 96– 

23) permits various parties in interest to 

an employee benefit plan to engage in 

transactions involving plan assets if, 

among other requirements, the assets are 

managed by an in-house asset manager 

(INHAM). The information collection 

requirements that are PTE 96–23 

conditions include written policies and 

procedures by an INHAM and audit 

requirements. An independent auditor 

will use the written policies and 

procedures to determine the INHAM’s 

compliance with the exemption. An 

independent auditor will conduct an 

annual exemption audit and make a 

determination whether the INHAM is in 

compliance with the written policies 

and procedures and the objective 

requirements of the exemption. These 

information collections are designed to 

safeguard participants and beneficiaries 

in plans managed by INHAMS that are 

involved in transactions covered by the 

exemption. The exemption does not 

require any reporting or filing with the 

Federal government. For additional 

substantive information about this ICR, 

see the related notice published in the 

Federal Register on November 27, 2012 

(77 FR 70828). 

This information collection is subject 

to the PRA. A Federal agency generally 

cannot conduct or sponsor a collection 

of information, and the public is 

generally not required to respond to an 

information collection, unless it is 

approved by the OMB under the PRA 

and displays a currently valid OMB 

Control Number. In addition, 

notwithstanding any other provisions of 

law, no person shall generally be subject 

to penalty for failing to comply with a 

collection of information that does not 

display a valid Control Number. See 5 

CFR 1320.5(a) and 1320.6. The DOL 

obtains OMB approval for this 

information collection under Control 

Number 1210–0145. 

OMB authorization for an ICR cannot 

be for more than three (3) years without 

renewal, and the current approval for 

this collection is scheduled to expire on 

July 31, 2013. The DOL seeks to extend 

PRA authorization for this information 

collection for three (3) more years, 

without any change to existing 

requirements. It should also be noted 

that existing information collection 

requirements submitted to the OMB 

receive a month-to-month extension 

while they undergo review. 

Interested parties are encouraged to 

send comments to the OMB, Office of 

Information and Regulatory Affairs at 

the address shown in the ADDRESSES

section within 30 days of publication of 

this notice in the Federal Register. In 

order to help ensure appropriate 

consideration, comments should 

mention OMB Control Number 1210– 

0145. The OMB is particularly 

interested in comments that: 

• Evaluate whether the proposed 

collection of information is necessary 

for the proper performance of the 

functions of the agency, including 

whether the information will have 

practical utility; 

• Evaluate 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; 

• Enhance the quality, utility, and 

clarity of the information to be 

collected; and 

• Minimize the burden of the 

collection of information on those who 

are to respond, including through the 

use of appropriate automated, 

electronic, mechanical, or other 

technological collection techniques or 

other forms of information technology, 

e.g., permitting electronic submission of 

responses. 

Agency: DOL–EBSA. 

Title of Collection: Plan Asset 

Transactions Determined by In-House 

Asset Managers under Prohibited 

Transaction Class Exemption 96–23. 

OMB Control Number: 1210–0145. 

Affected Public: Private Sector— 

businesses or other for-profits and notfor profit institutions. 

Total Estimated Number of 

Respondents: 20. 

Total Estimated Number of 

Responses: 20. 

Total Estimated Annual Burden 

Hours: 940. 

Total Estimated Annual Other Costs 

Burden: $400,000. 

Dated: July 15, 2013. 

Michel Smyth, 

Departmental Clearance Officer. 

[FR Doc. 2013–17879 Filed 7–24–13; 8:45 am] 

BILLING CODE 4510–29–P 

NATIONAL LABOR RELATIONS 

BOARD 

Restructuring of National Labor 

Relations Board’s Headquarters’ 

Offices 

AGENCY: National Labor Relations 

Board. 

ACTION: Notice of Reorganization; 

Restructuring of National Labor 

Relations Board’s Headquarters’ Offices. 

Authority: Sections 3, 4, 6, and 10 of the 

National Labor Relations Act, 29 U.S.C. Sec. 

3, 4, 6, and 10. 

SUMMARY: This notice advises the public 

that the National Labor Relations Board 

is restructuring and realigning the 

location and lines of authority of certain 

of its Headquarters’ offices to create an 

independent Division of Legal Counsel 

reporting to the Office of the General 

Counsel. 


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