31536 Federal Register / Vol. 63, No. 110 /Tuesday, June 9, 1998 / Notices

of DOE facilities are available or will be

made available prior to the meeting.

These include:

• A draft Pilot Program Work Plan for

the Receiving Basin for Offsite Fuel at

the Savannah River Site.

• A Memorandum of Understanding

between NRC and DOE, dated

November 21, 1997.

• An NRC Commission Paper

entitled, ‘‘Status Report of the Nuclear

Regulatory Commission Task Force On

Oversight of the Department of Energy,

In Response to COMSECY–96–053—DSI

2 (SECY–98–080) dated April 14, 1998.

• NRC Staff Requirements

Memorandum: COMSECY–96–053,

‘‘Oversight of the Department of Energy

(DSI 2),’’ dated March 28, 1997.

• NRC Direction Setting Issue Paper

‘‘Oversight of the Department of

Energy’’ (DSI 2) dated September 16,

1996.

• Report of the DOE Working Group

on External Regulation, dated December

1996.

• Report of the DOE Advisory

Committee on External Regulation of

DOE Nuclear Safety, dated December

1995.

You may obtain copies of these

documents by contacting Jim Giusti at

(803) 725–2889. These documents are

also available on the joint DOE/NRC

Web Site at http://www.nrc.gov/NRC/

NMSS/doepilot.html. As additional

documents are completed, they will be

added to the web site. If you would like

more information about this meeting, or

need special accommodations to attend,

please contact Jim Giusti at (802) 725–

2889.

Dated at Rockville, Maryland, this 2nd day

of June, 1998.

For the Nuclear Regulatory Commission.

Malcolm R. Knapp,

Acting Director, Office of Nuclear Material

Safety and Safeguards.

[FR Doc. 98–15266 Filed 6–8–98; 8:45 am]

BILLING CODE 7590–01–P

SECURITIES AND EXCHANGE

COMMISSION

Proposed Collection; Comment

Request

Upon Written Request, Copies Available

From: Securities and Exchange Commission,

Office of Filings and Information Services,

Washington, DC 20549.

Extension:

Reg. 12B, SEC File No. 270–70, OMB Control

No. 3235–0062

Reg. D, SEC File No. 270–72, OMB Control

No. 3235–0076

Reg. A, SEC File No. 270–110, OMB Control

No. 3235–0286

Form 12b–25, SEC File No. 270–71, OMB

Control No. 3235–0058

Form 3, SEC File No. 270–125, OMB Control

No. 3235–0104

Form 4, SEC File No. 270–126, OMB Control

No. 3235–0287

Form 5, SEC File No. 270–323, OMB Control

No. 3235–0362

Form 15, SEC File No. 270–170, OMB

Control No. 3235–0167

Form S–4, SEC File No. 270–287, OMB

Control No. 3235–0324

Form F–4, SEC File No. 270–288, OMB

Control No. 3235–0325

Reg. S, SEC File No. 270–315, OMB Control

No. 3235–0357

Rule 135d, SEC File No. 270–403, OMB

Control No. 3235–046

Notice is hereby given that pursuant

to the Paperwork Reduction Act of 1995

(44 U.S.C. 3501 et seq.) the Securities

and Exchange Commission

(‘‘Commission’’) is soliciting comments

on the collections of information

summarized below. The Commission

plans to submit these existing

collections of information to the Office

of Management and Budget for

extension and approval.

Regulation 12B governs all

registration statements filed pursuant to

Sections 12(b) and 12(g) under the

Securities Exchange Act of 1934

(‘‘Exchange Act’’) and all reports filed

pursuant to Sections 13 and 15(d) of the

Exchange Act, including amendments

thereto. The information is needed to

provide guidance on how to prepare

these filings. Public companies are the

likely respondents. Regulation 12B does

not directly impose any information

collection burdens on respondents and

is assigned one burden hour for

administrative convenience.

Regulations A and D provide

exemptions from the registration

requirements of the Securities Act of

1933 (‘‘Securities Act’’). Regulation A

provides a conditional small issues

exemption and Regulation D sets forth

rules governing the limited offer and

sale of securities without Securities Act

registration. Those relying on

Regulation A must file a Form 1–A and

those relying on Regulation D file a

Form D. Issuers of securities are the

likely respondents. Approximately 186

respondents file Regulation A annually

for a total annual burden of 115,506

hours. Approximately 8,065

respondents file Regulation D annually

for a total annual burden of 137,680

hours.

Form 12b–25 is filed pursuant to the

Exchange Act Rule 12b–25 by issuers

who are unable to timely file all or any

required portion of an annual, quarterly

or transition report. Approximately

4,474 respondents file Form 12b–25

annually for a total annual burden of

11,185 hours.

Exchange Act Forms 3, 4 and 5 are

filed by insiders of public companies

that have a class of securities registered

under Section 12 of the Exchange Act.

Form 3 is an initial statement of

beneficial ownership of securities, Form

4 is a statement of changes in beneficial

ownership of securities and Form 5 is

an annual statement of beneficial

ownership of securities.

Approximately 7,538 respondents file

Form 3 annually for a total annual

burden of 3,769 hours. Approximately

62,704 respondents file Form 5 annually

for a total annual burden of 31,352

hours. Approximately 37,075

respondents file Form 5 annually for a

total annual burden of 37,075 hours.

Form 15 is filed by public companies

subject to the Exchange Act reporting

requirements to certify termination of

registration of a class of security under

Section 12(g) or notice of suspension of

duty to file report pursuant to Sections

13 and 15(d) of the Exchange Act.

Approximately 1,644 respondents file

Form 15 annually for a total annual

burden of 1,644 hours.

Forms S–4 and F–4 are filed by

companies to register securities issued

in business combination and exchange

transactions under the Securities Act.

Approximately 505 registrants file Form

S–4 annually for a total annual burden

of 622,665 hours. Approximately 2

respondents file Form F–4 annually for

a total annual burden of 2,616 hours.

Regulation S is a set of rules

governing offers and sales made outside

the United States without Securities Act

registration. It does not directly impose

any information collection burdens and

therefore is assigned only one burden

hour for administrative convenience.

Securities Act Rule 135(d) requires

notices given by issuers that they

propose to make certain unregistered

offerings to be filed with the

Commission. Approximately 30

respondents file such notices annually

for a total annual burden of 30 hours.

Written comments are invited on: (a)

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;

(b) the accuracy of the agency’s estimate

of the burden of the collection of

information; (c) ways to enhance the

quality, utility, and clarity of the

information collected; and (d) ways to

minimize the burden of the collection of

information on respondents, including

through the use of automated collection

techniques or other forms of information

technology. Consideration will be given
Federal Register / Vol. 63, No. 110 /Tuesday, June 9, 1998 / Notices 31537

to comments and suggestions submitted

in writing within 60 days of this

publication.

Please direct your written comments

to Michael E. Bartell, Associate

Executive Director, Office of

Information Technology, Securities and

Exchange Commission, 450 5th Street,

N.W., Washington, DC 20549.

Dated: June 1, 1998.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 98–15279 Filed 6–8–98; 8:45 am]

BILLING CODE 8010–01–M

SECURITIES AND EXCHANGE

COMMISSION

[Rel. No. IC–23240; 812–11102]

The Munder Funds, Inc., et al.; Notice

of Application

June 3, 1998.

AGENCY: Securities and Exchange

Commission (‘‘SEC’’).

ACTION: Notice of application under

section 6(c) of the Investment Company

Act of 1940 (the ‘‘Act’’) for an

exemption from section 15(a) of the Act.

SUMMARY OF APPLICATION: Applicants

seek an order to permit the

implementation, without prior

shareholder approval, of new

investment advisory and sub-advisory

agreements (‘‘New Management

Agreements’’) for a period of up to 150

days following the date on which a

transfer of a controlling interest in

Munder Capital Management (‘‘MCM’’)

occurs (but in no event later than

November 30, 1998) (the ‘‘Interim

Period’’). The order also would permit

MCM, World Asset Management

(‘‘World’’), and Framlington Overseas

Investment Management Limited

(‘‘Framlington Management’’), following

shareholder approval, to receive all fees

earned under the New Management

Agreements during the Interim Period.

APPLICANTS: The Munder Funds, Inc.

(‘‘Munder’’), The Munder Funds Trust

(‘‘Munder Trust’’), The Munder

Framlington Funds Trust

(‘‘Framlington’’), St. Clair Funds, Inc.

(‘‘St. Clair’’), Select Asset Fund, Series

1, Inc. (‘‘Select 1’’) Select Asset Fund,

Series 2, Inc. (‘‘Select 2’’), Great Lakes

Fund, Inc. (‘‘Great Lakes’’), Huron

Investment Fund, Inc. (‘‘Huron’’),

Central Asset Fund, Inc. (‘‘Central

Asset’’), Central Investment Fund, Inc.

(‘‘Central Investment’’), Lernoult

Investment Fund, Inc. (‘‘Lernoult’’),

INVESCO Specialty Funds, Inc.

(‘‘INVESCO Specialty’’), SEI Index

Funds (‘‘SEI Index’’) (collectively, the

‘‘Investment Companies’’), MCM,

World, Framlington Management, and

INVESCO Funds Group, Inc.

(‘‘INVESCO’’).

FILING DATES: The application was filed

on April 8, 1998. Applicants have

agreed to file an amendment during the

notice period, the substance of which is

included in this notice.

HEARING OR NOTIFICATION OF HEARING: An

order granting the application will be

issued unless the SEC orders a hearing.

Interested persons may request a

hearing by writing to the SEC’s

Secretary and serving applicants with a

copy of the request, personally or by

mail. Hearing requests should be

received by the SEC by 5:30 p.m. on

June 29, 1998, and should be

accompanied by proof of service on

applicants, in the form of an affidavit or,

for lawyers, a certificate of service.

Hearing requests should state the nature

of the writer’s interest, the reason for the

request, and the issues contested.

Persons may request notification of a

hearing by writing to the SEC’s

Secretary.

ADDRESSES: Secretary, SEC, 450 Fifth

Street, N.W., Washington, D.C. 20549.

Applicants: Munder, Munder Trust,

Framlington, St. Clair, and MCM, 480

Pierce Street, Birmingham, Michigan

48009; World, 225 E. Brown Street,

Suite 250, Birmingham, Michigan,

48009; Select 1, Select 2, Great Lakes,

Huron, Central Asset, Central

Investment, Lernoult, 411 W. Fafayette,

Detroit, Michigan, 48226; INVESCO

Specialty and INVESCO, 7800 E. Union

Avenue, Denver, Colorado 80237; SEI,

c/o CT Corporation, 2 Oliver Street,

Boston, Massachusetts 02109; and

Framlington Management, 155

Bishopsgate, London England EC2M

3XJ.

FOR FURTHER INFORMATION CONTACT: J.

Amanda Machen, Senior Counsel, at

(202) 942–7120, or Christine Y.

Greenlees, Branch Chief, at (202) 942–

0564 (Division of Investment

Management, Office of Investment

Company Regulation).

SUPPLEMENTARY INFORMATION: The

following is a summary of the

application. The complete application

may be obtained for a fee at the SEC’s

Public Reference Branch, 450 Fifth

Street, NW., Washington, DC 20549 (tel.

202–942–8090).

Applicants’ Representations

1. The Investment Companies, each of

which is organized either as a Maryland

corporation or a Massachusetts business

trust, are registered under the Act as

open-end management investment

companies. Munder and the Munder

Trust each offer fifteen investment

portfolios. Framlington offers four

investment portfolios, and St. Clair

offers eleven. INVESCO Specialty is

organized as a series fund.

2. MCM, World, and Framlington

Management are investment advisers

registered under the Investment

Advisers Act of 1940. MCM serves as

investment adviser to each portfolio of

Munder, the Munder Trust,

Framlington, and St. Clair. World serves

as investment adviser to Select 1, Select

2, Great Lakes, Huron, Central Asset,

Central Investment, Lernoult, and SEI

Index, and as sub-adviser to a series of

INVESCO Specialty. Framlington

Management serves as sub-adviser to the

portfolios of Framlington. INVESCO, a

subsidiary of AMVESCAP, PLC, an

international investment management

company, serves as the investment

adviser, administrator, and transfer

agent for INVESCO Specialty.

3. MCM is a general partnership,

whose interests are owned by Old MCM,

Inc. (44%) (‘‘Old MCM’’), World

Holdings, Inc. (44%), and Munder

Group L.L.C. (12%) (the ‘‘Munder

Group’’). Mr. Lee P. Munder (‘‘Mr.

Munder’’), Chairman of MCM, indirectly

owns 44% of MCM through his

ownership interests in Old MCM and

the Munder Group. Comerica

Incorporated (‘‘Comerica’’), a bank

holding company, indirectly owns 44%

of MCM through its wholly-owned

subsidiary, World Holdings, Inc. World

is wholly-owned by MCM.

4. Comerica and Mr. Munder have

reached an agreement under which

Comerica will purchase 85% of Old

MCM’s interest in MCM and 85% of Mr.

Munder’s interest in the Munder Group

(the ‘‘Transaction’’), after which

Comerica will own or control 88% of

the partnership interests in MCM.

5. Applicants state that

consummation of the Transaction will

result in a transfer of a controlling block

of MCM’s outstanding voting securities.

Applicants believe, therefore, that

consummation of the Transaction may

result in an assignment and, thus, the

termination of the current management

agreements between MCM or World and

each of the Investment Companies, the

current sub-advisory agreements

between MCM, Framlington and

Framlington Management, and the

current sub-advisory agreement between

World and INVESCO (collectively, the

‘‘Current Management Agreements’’).

Applicants request an exemption to

permit the implementation, without

prior shareholder approval, of the New

Management Agreements. The requested

exemption would cover an Interim

Period of not more than 150 days,