34550 Federal Register / Vol. 78, No. 111 / Monday, June 10, 2013 / Rules and Regulations 

(iii) A detailed explanation of the 

insured depository institution’s plan for 

conforming its activities to the 

requirements of section 716 of the 

Dodd-Frank Act (15 U.S.C. 8305) and 

this part. 

(2) The Board may, at any time, 

request additional information that it 

believes is necessary for its decision. 

(b) Transition period for insured 

depository institutions. Following 

review of a written request submitted 

under paragraph (a) of this section, the 

Board shall permit an insured 

depository institution for which it is the 

appropriate Federal banking agency up 

to 24 months after the later of July 16, 

2013, or the date on which the insured 

depository institution becomes a swaps 

entity, to comply with the requirements 

of section 716 of the Dodd-Frank Act (15 

U.S.C. 8305) and this subpart based on 

its consideration of the factors in 

paragraph (c) of this section. 

(c) Factors governing Board 

determinations. In establishing an 

appropriate transition period pursuant 

to any request under this section, the 

Board will take into account and make 

written findings regarding: 

(1) The potential impact of divestiture 

or cessation of swap or security-based 

swaps activities on the insured 

depository institution’s: 

(i) Mortgage lending; 

(ii) Small business lending; 

(iii) Job creation; and 

(iv) Capital formation versus the 

potential negative impact on insured 

depositors and the Deposit Insurance 

Fund of the Federal Deposit Insurance 

Corporation; and 

(2) Any other factor that the Board 

believes appropriate. 

(d) Timing of Board review. The Board 

will seek to act on a request under 

paragraph (a) of this section 

expeditiously after the receipt of a 

complete request. 

(e) Extension of transition period. The 

Board may extend a transition period 

provided under this section for a period 

of up to one additional year. To request 

an extension of the transition period, an 

insured depository institution must 

submit a written request containing the 

information set forth in paragraph (a) of 

this section no later than 60 days before 

the end of the transition period. 

(f) Authority to impose restrictions 

during any transition period. The Board 

may impose such conditions on any 

transition period granted under this 

section as the Board determines are 

necessary or appropriate. 

(g) Consultation. The Board shall 

consult with the Commodity Futures 

Trading Commission or the Securities 

and Exchange Commission, as 

appropriate, prior to the approval of a 

request by an insured depository 

institution for a transition period under 

this section. 

By order of the Board of Governors of the 

Federal Reserve System, June 5, 2013. 

Margaret McCloskey Shanks, 

Deputy Secretary of the Board. 

[FR Doc. 2013–13670 Filed 6–7–13; 8:45 am] 

BILLING CODE 6210–01–P 

FARM CREDIT ADMINISTRATION 

12 CFR Parts 615, 621, and 652 

RIN 3052–AC75 

Funding and Fiscal Affairs, Loan 

Policies and Operations, and Funding 

Operations; Accounting and Reporting 

Requirements; Federal Agricultural 

Mortgage Corporation Funding and 

Fiscal Affairs; GAAP References and 

Other Conforming Amendments; 

Effective Date 

AGENCY: Farm Credit Administration. 

ACTION: Notice of effective date. 

SUMMARY: The Farm Credit 

Administration adopted technical 

amendments to various regulations to 

conform certain references to 

accounting standards in these rules to 

the Financial Accounting Standards 

Board Accounting Standards 

Codification. In accordance with the 

law, the effective date of the final rule 

is 30 days from the date of publication 

in the Federal Register during which 

either or both Houses of Congress are in 

session. 

DATES: Effective Date: Under the 

authority of 12 U.S.C. 2252, the 

regulation amending 12 CFR parts 615, 

621, and 652 published on April 9, 2013 

(78 FR 21035) is effective June 3, 2013. 

FOR FURTHER INFORMATION CONTACT: 

Michael T. Wilson, Policy Analyst, 

Office of Regulatory Policy, Farm Credit 

Administration, McLean, VA 22102– 

5090, (703) 883–4124, TTY (703) 883– 

4056; or Jeff Pienta, Senior Attorney, 

Office of General Counsel, Farm Credit 

Administration, McLean, Virginia 

22102–5090, (703) 883–4431, TTY (703) 

883–4056. 

SUPPLEMENTARY INFORMATION: The Farm 

Credit Administration adopted technical 

amendments to various regulations to 

conform certain references to 

accounting standards in these rules to 

the Financial Accounting Standards 

Board Accounting Standards 

Codification. In accordance with 12 

U.S.C. 2252, the effective date of the 

final rule is 30 days from the date of 

publication in the Federal Register 

during which either or both Houses of 

Congress are in session. Based on the 

records of the sessions of Congress, the 

effective date of the regulations is June 

3, 2013. 

(12 U.S.C. 2252(a)(9) and (10)) 

Dated: June 4, 2013. 

Dale L. Aultman, 

Secretary, Farm Credit Administration Board. 

[FR Doc. 2013–13636 Filed 6–7–13; 8:45 am] 

BILLING CODE 6705–01–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 39 

[Docket No. FAA–2012–1331; Directorate 

Identifier 2012–NE–44–AD; Amendment 

39–17473; AD 2013–11–13] 

RIN 2120–AA64 

Airworthiness Directives; Rolls-Royce 

plc Turbojet Engines 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Final rule. 

SUMMARY: We are adopting a new 

airworthiness directive (AD) for all 

Rolls-Royce plc (RR) Viper Mk. 601–22 

turbojet engines. This AD requires 

reducing the life of certain critical parts. 

This AD was prompted by a review 

carried out by RR of the lives of these 

parts. We are issuing this AD to prevent 

failure of life-limited parts, damage to 

the engine, and damage to the airplane. 

DATES: This AD becomes effective July 

15, 2013. 

ADDRESSES: For service information 

identified in this AD, contact Defence 

Aerospace Communications at RollsRoyce plc, P.O. Box 3, Gypsy Patch 

Lane, Filton, Bristol, BS347QE, United 

Kingdom; phone: 011–44–117–9791234; 

or email: http://www.rolls-royce.com/ 

contact/defence_team.jsp. You may 

view this service information at the 

FAA, Engine & Propeller Directorate, 12 

New England Executive Park, 

Burlington, MA 01803. For information 

on the availability of this material at the 

FAA, call 781–238–7125. 

Examining the AD Docket 

You may examine the AD docket on 

the Internet at http:// 

www.regulations.gov; or in person at the 

Docket Operations office between 9 a.m. 

and 5 p.m., Monday through Friday, 

except Federal holidays. The AD docket 

contains this AD, the regulatory 

evaluation, any comments received, and 

other information. The street address for 

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Federal Register / Vol. 78, No. 111 / Monday, June 10, 2013 / Rules and Regulations 34551 

the Docket Operations office (phone: 

800–647–5527) is Document 

Management Facility, 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: 

Robert Green, Aerospace Engineer, 

Engine Certification Office, FAA, Engine 

& Propeller Directorate, 12 New England 

Executive Park, Burlington, MA 01803; 

phone: 781–238–7754; fax: 781–238– 

7199; email: Robert.Green@faa.gov. 

SUPPLEMENTARY INFORMATION: 

Discussion 

We issued a notice of proposed 

rulemaking (NPRM) to amend 14 CFR 

part 39 to include an AD that would 

apply to the specified products. That 

NPRM was published in the Federal 

Register on February 22, 2013 (78 FR 

12255). That NPRM proposed to correct 

an unsafe condition for the specified 

products. The mandatory continuing 

airworthiness information states: 

A review, carried out by Rolls-Royce, of the 

lives of critical parts of the Viper Mk. 601– 

22 engine, has resulted in reduced cyclic life 

limits for certain critical parts. 

Operation of critical parts beyond these 

reduced cyclic life limits may result in part 

failure, possibly resulting in the release of 

high-energy debris, which may cause damage 

to the aeroplane and/or injury to the 

occupants. 

For the reasons described above, this AD 

requires implementation of the reduced 

cyclic life limits for the affected critical parts, 

i.e., replacement of each part before the 

applicable reduced life limit is exceeded, and 

replacement of those critical parts that have 

already exceeded the reduced cyclic life 

limits. 

We are issuing this AD to prevent 

failure of life-limited parts, damage to 

the engine, and damage to the airplane. 

Comments 

We gave the public the opportunity to 

participate in developing this AD. We 

considered the comments received. 

Request To Change the Identity of the 

Type Certificate (TC) Holder 

Roll-Royce plc requested that we 

identify the TC holder as Rolls-Royce 

plc rather than Rolls-Royce (1971) 

Limited, Bristol Engine Division. 

We agree. We changed the AD to 

identify the TC holder as Rolls-Royce 

plc. 

Request To Change the Contact 

Information for the TC Holder 

Rolls-Royce plc requested that we 

change the contact information used to 

request service information for Viper 

Mk. 601–22 turbojet engines. 

We agree. We changed the contact 

information for requesting service 

information related to this AD to: 

Defence Aerospace Communications at 

Rolls-Royce plc, P.O. Box 3, Gypsy 

Patch Lane, Filton, Bristol, BS347QE, 

United Kingdom; phone: 011–44–117– 

9791234; or email: http://www.rollsroyce.com/contact/defence_team.jsp. 

Conclusion 

We reviewed the available data, 

including the comments received, and 

determined that air safety and the 

public interest require adopting the AD 

with the changes described previously. 

We determined that these changes will 

not increase the economic burden on 

any operator or increase the scope of the 

AD. 

Costs of Compliance 

We estimate that this AD will affect 

about 32 engines installed on airplanes 

of U.S. registry. We also estimate that it 

will take 0 hours per product to comply 

with this AD. The average labor rate is 

$85 per hour. We are not requiring parts 

replacement, so parts cost is $0. Based 

on these figures, we estimate the cost of 

the AD on U.S. operators to be $0. 

Authority for This Rulemaking 

Title 49 of the United States Code 

specifies the FAA’s authority to issue 

rules on aviation safety. Subtitle I, 

section 106, describes the authority of 

the FAA Administrator. ‘‘Subtitle VII: 

Aviation Programs,’’ describes in more 

detail the scope of the Agency’s 

authority. 

We are issuing this rulemaking under 

the authority described in ‘‘Subtitle VII, 

Part A, Subpart III, Section 44701: 

General requirements.’’ Under that 

section, Congress charges the FAA with 

promoting safe flight of civil aircraft in 

air commerce by prescribing regulations 

for practices, methods, and procedures 

the Administrator finds necessary for 

safety in air commerce. This regulation 

is within the scope of that authority 

because it addresses an unsafe condition 

that is likely to exist or develop on 

products identified in this rulemaking 

action. 

Regulatory Findings 

We determined that this AD will not 

have federalism implications under 

Executive Order 13132. This AD will 

not have a substantial direct effect 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. 

For the reasons discussed above, I 

certify this AD: 

(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) Will not affect intrastate aviation 

in Alaska to the extent that it justifies 

making a regulatory distinction, and 

(4) 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. 

We prepared a regulatory evaluation 

of the estimated costs to comply with 

this proposed AD and placed it in the 

AD docket. 

List of Subjects in 14 CFR Part 39 

Air transportation, Aircraft, Aviation 

safety, Incorporation by reference, 

Safety. 

Adoption of the Amendment 

Accordingly, under the authority 

delegated to me by the Administrator, 

the FAA amends 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. The FAA amends § 39.13 by adding 

the following new AD: 

2013–11–13 Rolls-Royce plc (formerly 

Rolls-Royce (1971) Limited, Bristol 

Engine Division): Amendment 39–17473; 

Docket No. FAA–2012–1331; Directorate 

Identifier 2012–NE–44–AD. 

(a) Effective Date 

This airworthiness directive (AD) becomes 

effective July 15, 2013. 

(b) Affected ADs 

None. 

(c) Applicability 

This AD applies to all Rolls-Royce plc (RR) 

Viper Mk. 601–22 turbojet engines. 

(d) Reason 

This AD was prompted by a review carried 

out by RR of the lives of certain critical parts. 

We are issuing this AD to prevent failure of 

life-limited parts, damage to the engine, and 

damage to the airplane. 

(e) Actions and Compliance 

Unless already done, do the following 

actions. 

(1) After the effective date of this AD, 

remove the following parts before they reach 

their specified new, lower, life limits: 

compressor shaft, part number (P/N) 

V900766: 20,720 flight cycles since new 

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34552 Federal Register / Vol. 78, No. 111 / Monday, June 10, 2013 / Rules and Regulations 

(CSN); compressor rear stubshaft (center 

bearing hub), P/Ns V900007 and V900994: 

9,600 flight CSN; combustion chamber outer 

casing, P/Ns V950013 and V950331: 32,000 

flight CSN. 

(2) After the effective date of this AD, do 

not install any part identified in paragraph 

(e)(1) of this AD into any engine, nor return 

any engine to service with the parts 

identified in paragraph (e)(1) of this AD 

installed, if the part exceeds the new, lower, 

life limit specified in paragraph (e)(1) of this 

AD. 

(f) Alternative Methods of Compliance 

(AMOCs) 

The Manager, Engine Certification Office, 

FAA, may approve AMOCs for this AD. Use 

the procedures found in 14 CFR 39.19 to 

make your request. 

(g) Related Information 

(1) For more information about this AD, 

contact Robert Green, Aerospace Engineer, 

Engine Certification Office, FAA, Engine & 

Propeller Directorate, 12 New England 

Executive Park, Burlington, MA 01803; 

phone: 781–238–7754; fax: 781–238–7199; 

email: Robert.Green@faa.gov. 

(2) Refer to European Aviation Safety 

Agency Airworthiness Directive 2012–0243 

(Correction: November 13, 2012), dated 

November 12, 2012, and RR Alert Service 

Bulletin 72–A206, dated November 2012, for 

related information. 

(3) For service information identified in 

this AD, contact Defence Aerospace 

Communications at Rolls-Royce plc, P.O. Box 

3, Gypsy Patch Lane, Filton, Bristol, 

BS347QE, United Kingdom; phone: 011–44– 

117–9791234; or email: http://www.rollsroyce.com/contact/defence_team.jsp. You 

may view this service information at the 

FAA, Engine & Propeller Directorate, 12 New 

England Executive Park, Burlington, MA 

01803. For information on the availability of 

this material at the FAA, call 781–238–7125. 

(h) Material Incorporated by Reference 

None. 

Issued in Burlington, Massachusetts, on 

May 28, 2013. 

Colleen M. D’Alessandro, 

Assistant Manager, Engine & Propeller 

Directorate, Aircraft Certification Service. 

[FR Doc. 2013–13012 Filed 6–7–13; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 71 

[Docket No. FAA–2012–1345; Airspace 

Docket No. 12–ANM–31] 

Modification of Class D and Class E 

Airspace and Establishment of Class E 

Airspace; Pasco, WA 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Final rule. 

SUMMARY: This action establishes Class 

E surface airspace at Tri-Cities Airport, 

Pasco, WA, to accommodate aircraft 

using Area Navigation (RNAV) Global 

Positioning System (GPS) standard 

instrument approach procedures at TriCities Airport, Pasco, WA. The 

geographic coordinates of Tri-Cities 

Airport and Vista Field Airport, 

Kennewick, WA, formerly called Vista 

Airport, are adjusted for existing Class 

D and E airspace. This action also makes 

a minor change to the legal description 

of the Class E airspace designated as an 

extension to Class D surface area. This 

improves the safety and management of 

Instrument Flight Rules (IFR) operations 

at the airport. 

DATES: Effective date, 0901 UTC, August 

22, 2013. The Director of the Federal 

Register approves this incorporation by 

reference action under 1 CFR Part 51, 

subject to the annual revision of FAA 

Order 7400.9 and publication of 

conforming amendments. 

FOR FURTHER INFORMATION CONTACT: 

Eldon Taylor, Federal Aviation 

Administration, Operations Support 

Group, Western Service Center, 1601 

Lind Avenue SW., Renton, WA, 98057; 

telephone (425) 203–4537. 

SUPPLEMENTARY INFORMATION: 

History 

On March 26, 2013, the FAA 

published in the Federal Register a 

notice of proposed rulemaking (NPRM) 

to establish Class E surface airspace and 

modify Class D and E airspace at Pasco, 

WA (78 FR 18259). Interested parties 

were invited to participate in this 

rulemaking effort by submitting written 

comments on the proposal to the FAA. 

No comments were received. 

The FAA’s Aeronautical Products 

Office found that the Pasco Compass 

Locator at ILS Outer Marker (LOM) has 

been decommissioned and needs to be 

removed from Class E airspace 

designated as an extension to Class D 

surface area. With the exception of 

editorial changes and the changes 

described above, this rule is the same as 

that proposed in the NPRM. 

Class E airspace designations are 

published in paragraphs 5000, 6002, 

6004 and 6005, respectively, of FAA 

Order 7400.9W dated August 8, 2012, 

and effective September 15, 2012, which 

is incorporated by reference in 14 CFR 

71.1. The Class E airspace designations 

listed in this document will be 

published subsequently in that Order. 

The Rule 

This action amends Title 14 Code of 

Federal Regulations (14 CFR) Part 71 by 

establishing Class E surface airspace 

within a 4.3-mile radius, with 

exclusion, at Tri-Cities Airport, Pasco, 

WA, to accommodate IFR aircraft 

executing RNAV (GPS) standard 

instrument approach procedures at the 

airport. Also, Vista Airport, Kennewick, 

WA, is renamed Vista Field Airport, and 

the geographic coordinates of the 

airports are updated to coincide with 

the FAA’s aeronautical database for 

existing Class D airspace, Class E 

airspace designated as an extension to 

Class D surface area, and Class E 

airspace extending upward from 700 

feet above the surface, at Pasco, WA. 

This action is necessary for the safety 

and management of IFR operations. 

The FAA has determined this 

regulation only involves an established 

body of technical regulations for which 

frequent and routine amendments are 

necessary to keep them operationally 

current. Therefore, this regulation: (1) Is 

not a ‘‘significant regulatory action’’ 

under Executive Order 12866; (2) is not 

a ‘‘significant rule’’ under DOT 

Regulatory Policies and Procedures (44 

FR 11034; February 26, 1979); and (3) 

does not warrant preparation of a 

regulatory evaluation as the anticipated 

impact is so minimal. Since this is a 

routine matter that only affects air traffic 

procedures and air navigation, it is 

certified this rule, when promulgated, 

does not have a significant economic 

impact on a substantial number of small 

entities under the criteria of the 

Regulatory Flexibility Act. The FAA’s 

authority to issue rules regarding 

aviation safety is found in Title 49 of the 

U.S. Code. Subtitle 1, Section 106 

discusses the authority of the FAA 

Administrator. Subtitle VII, Aviation 

Programs, describes in more detail the 

scope of the agency’s authority. This 

rulemaking is promulgated under the 

authority described in Subtitle VII, Part 

A, Subpart I, Section 40103. Under that 

section, the FAA is charged with 

prescribing regulations to assign the use 

of airspace necessary to ensure the 

safety of aircraft and the efficient use of 

airspace. This regulation is within the 

scope of that authority as it establishes 

additional controlled airspace at TriCities Airport, Pasco, WA. 

Environmental Review 

The FAA has determined that this 

action qualifies for categorical exclusion 

under the National Environmental 

Policy Act in accordance with FAA 

Order 1050.1E, ‘‘Environmental 

Impacts: Policies and Procedures,’’ 

paragraph 311a. This airspace action is 

not expected to cause any potentially 

significant environmental impacts, and 

no extraordinary circumstances exist 

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