24264 Federal Register / Vol. 66, No. 93 / Monday, May 14, 2001 / Rules and Regulations

comparable in size to the number of

directors serving on the boards of the

Banks. For only two of the bank holding

companies, the board was comprised of

12 directors, and for a third bank

holding company, the board was

comprised of 21 directors. The number

of board meetings for the bank holding

companies ranged from 4 to 12,

averaging 7.33 meetings in 1999. The

number of board meetings for the thrift

institution holding companies ranged

from 4 to 9, averaging 7.00 meetings in

1999. Fannie Mae held 8 board meetings

in 1999, and Freddie Mac held 5 board

meetings in 1999.

In short, requiring at least six inperson Bank board of directors meetings

in any year is within the range of the

number of annual board meetings held

by financial institution holding

companies and other housing GSEs.

Providing the boards of the Banks with

greater discretion in determining the

number of board meetings to hold

annually also is consistent with the GLB

Act’s emphasis on devolving

governance issues to the Banks.

Although the interim final rule

reduces the minimum meetings

requirement, § 918.7(a) still requires the

board of directors of a Bank to continue

to maintain its level of oversight of the

management of the Bank,

notwithstanding the limits on annual

directors’ compensation established by

section 7(i) of the Bank Act. See 12

U.S.C. 1427(i). Therefore, if a Bank’s

board intends to hold fewer annual inperson board meetings than it has held

in past years, it would be in the board’s

best interest to document how it will

continue to meet the maintenance of

effort standard and its fiduciary duties

regarding the Bank’s safety and

soundness.

The interim final rule also removes

the waiver provision of § 918.7(b), since

the right to seek a waiver generally of

Finance Board regulatory provisions is

already provided for in 12 CFR part 907.

III. Regulatory Flexibility Act

Because no notice of proposed

rulemaking is required for this interim

final rule, the provisions of the

Regulatory Flexibility Act, 5 U.S.C. 601

et seq., do not apply.

IV. Notice and Public Participation

Because of the exigency of the Banks

setting their schedules of board of

directors meetings for 2001, the Finance

Board finds for good cause that the

notice and public comment procedure

required by the Administrative

Procedure Act is impracticable,

unnecessary, or contrary to the public

interest in this instance. See 5 U.S.C.

553(b)(B). The Finance Board welcomes

written comments on this interim final

rule.

V. Paperwork Reduction Act

This interim final rule does not

contain any collections of information

pursuant to the Paperwork Reduction

Act of 1995. See 44 U.S.C. 601 et seq.

Therefore, the Finance Board has not

submitted any information to the Office

of Management and Budget for review.

List of Subjects in 12 CFR Part 918

Federal home loan banks, Reporting

and recordkeeping requirements, Wages.

Accordingly, the Finance Board

hereby amends title 12, chapter IX, part

918, Code of Federal Regulations, as

follows:

1. The authority citation for part 918

continues to read as follows:

Authority: 12 U.S.C. 1422b(a), and 1427.

2. Revise § 918.7 to read as follows:

§ 918.7 Maintenance of effort.

Notwithstanding the limits on annual

directors’ compensation established by

section 7(i) of the Act, as amended, the

board of directors of each Bank shall

continue to maintain its level of

oversight of the management of the

Bank. In maintaining its level of

oversight, the board of directors of a

Bank shall hold at least six in-person

meetings in any year.

Dated: May 2, 2001.

By the Board of Directors of the Federal

Housing Finance Board.

Allan I. Mendelowitz,

Chairman.

[FR Doc. 01–11993 Filed 5–11–01; 8:45 am]

BILLING CODE 6725–01–P

DEPARTMENT OF COMMERCE

Bureau of Export Administration

15 CFR Part 744

[Docket No. 9704–28099–0127–10]

RIN 0694–AB60

Entity List: Revisions and Additions

AGENCY: Bureau of Export

Administration, Commerce.

ACTION: Final rule.

SUMMARY: The Export Administration

Regulations (EAR) provide that the

Bureau of Export Administration (BXA)

may inform exporters, individually or

through amendment to the EAR, that a

license is required for exports or

reexports to certain entities. The EAR

contain a list of such entities called the

Entity List. This rule adds to the Entity

List twelve entities located in the

People’s Republic of China (PRC). This

rule also modifies three Russian entity

listings and one Chinese entity listing,

and makes one correction to an Israeli

entity.

EFFECTIVE DATE: This rule is effective

May 14, 2001.

FOR FURTHER INFORMATION CONTACT:

Eileen M. Albanese, Office of Exporter

Services, Bureau of Export

Administration, Telephone: (202) 482–

0436.

SUPPLEMENTARY INFORMATION:

Background

General Prohibition Five (§ 736.2(b)(5)

of the EAR) prohibits exports and

reexports to certain end-users or enduses (described in part 744 of the EAR)

without a license. In the form of

Supplement No. 4 to part 744, BXA

maintains an ‘‘Entity List’’ to provide

notice informing the public of certain

entities subject to such licensing

requirements.

There are three levels of license

requirements for the twelve entities

added to the Entity List by this rule. A

license will be required for the export or

reexport of all items subject to the EAR

having a classification other than EAR99

to the following two PRC entities:

Baotou Guanghua Chemical Industrial

Corporation and Xian Research Institute

of Navigation Technology. A license

will be required for the export or

reexport of all items subject to the EAR

to the following five PRC entities: 13

Institute, China Academy of Launch

Vehicle Technology, (CALT), aka 713

Institute or Beijing Institute of Control

Devices, PRC; Beijing Power Machinery

Institute, PRC; Beijing University of

Aeronautics and Astronautics (BUAA),

PRC; First Department, China Academy

of Launch Vehicle Technology, (CALT),

PRC; and Xiangdong Machinery Factory,

PRC. A license will be required for the

export or reexport of all items subject to

the EAR having a classification other

than EAR99 or a classification where the

third through fifth digits are ‘‘999’’ of

the ECCN, e.g., XX999 to the following

five PRC entities: 35 Institute, aka

Beijing Huahang Radio Measurements

Research Institute; 33 Institute, aka

Beijing Institute of Automatic Control

Equipment; Southwest Research

Institute of Electronics Technology,

Chengdu; Northwestern Polytechnical

University; and 54th Research Institute

of China, aka Communication,

Telemetry and Telecontrol Research

Institute (CTI).

License applications to export or

reexport these items to all but one of the

Federal Register / Vol. 66, No. 93 / Monday, May 14, 2001 / Rules and Regulations 24265

entities (the Baotou Guanghua Chemical

Industrial Corporation, 202 Factory

Baotou located in Inner Mongolia, PRC)

will be reviewed based on the license

review standards for missile end-uses

found in section 744.3 of the Export

Administration Regulations. Therefore,

applications will be considered on a

case-by-case basis to determine whether

the export would make a material

contribution to the proliferation of

missiles. When an export or reexport is

deemed to make a material contribution,

the license will be denied.

License applications to export or

reexport all items subject to the EAR

having a classification other than EAR99

to Baotou Guanghua Chemical

Industrial Corporation, 202 Factory

Baotou, Inner Mongolia, PRC will be

reviewed based on the license review

criteria set out for nuclear end-uses

found in section 744.2 of the Export

Administration Regulations.

This rule also clarifies the location of

the Russian entities ‘‘All-Russian

Scientific Research Institute of

Technical Physics’’, ‘‘All-Union

Scientific Research Institute of

Experimental Physics’’, and ‘‘Ministry

for Atomic Power of Russia’’ by adding

in parentheticals that ‘‘Sarov’’ is an

alternate name for the city of Kremlev,

i.e., Kremlev (Sarov).

In addition, this rule adds an alternate

name that is used by the Chinese

Academy of Engineering Physics,

Southwest Institute of Nuclear Physics

and Chemistry. This institute is also

known as the China Academy of

Eng[ineering] Physics [CAEP]’s 902

Institute located in Mianyang, PRC.

On March 10, 2000, a rule was

published that revised the license

requirement section of Ben Gurion

University on the Entity List. This rule

adds the inadvertently omitted Federal

Register citation of the March 10

revision to the Federal Register Citation

column of the Israeli entity ‘‘Ben Gurion

University’.

Rulemaking Requirements

1. This final rule has been determined

to be not significant for purposes of E.O.

12866.

2. This rule involves a collection of

information subject to the Paperwork

Reduction Act of 1980 (44 U.S.C. 3501

et seq.). These collections have been

approved by the Office of Management

and Budget under control number 0694–

0088, ‘‘Multi-Purpose Application,’’

which carries a burden hour estimate of

40 minutes to prepare and submit

electronically and 45 minutes to submit

manually on form BXA–748P.

Notwithstanding any other provision of

law, no person is required to respond

nor shall any person be subject to a

penalty for failure to comply with, a

collection of information subject to the

requirements of the Paperwork

Reduction Act, unless that collection of

information displays a currently valid

OMB Control Number.

3. This rule does not contain policies

with Federalism implications sufficient

to warrant preparation of a Federalism

assessment under Executive Order

13132.

4. The provisions of the

Administrative Procedure Act (5 U.S.C.

553) requiring notice of proposed

rulemaking, the opportunity for public

participation, and a delay in effective

date, are inapplicable because this

regulation involves a military and

foreign affairs function of the United

States (see 5 U.S.C. 553(a)(1)). Further,

no other law requires that a notice of

proposed rulemaking and an

opportunity for public comment be

given for this final rule. Because a

notice of proposed rulemaking and an

opportunity for public comment are not

required to be given for this rule under

5 U.S.C. 553 or by any other law, the

analytical requirements of the

Regulatory Flexibility Act (5 U.S.C. 601

et seq.) are not applicable.

Therefore, this regulation is issued in

final form. Although there is no formal

comment period, public comments on

this regulation are welcome on a

continuing basis. Comments should be

submitted to Sharron Cook, Regulatory

Policy Division, Bureau of Export

Administration, Department of

Commerce, P.O. Box 273, Washington,

DC 20044.

List of Subjects in 15 CFR Part 744

Exports, Foreign trade, Reporting and

recordkeeping requirements.

Accordingly, part 744 of the Export

Administration Regulations (15 CFR

parts 730–799) is amended as follows:

1. The authority citation for 15 CFR

part 744 is revised to read as follows:

Authority: 50 U.S.C. app. 2401 et seq.; Pub.

L. 106–508; 50 U.S.C. 1701 et seq.; 22 U.S.C.

3201 et seq.; 42 U.S.C. 2139a; E.O. 12058, 43

FR 20947, 3 CFR, 1978 Comp., p. 179; E.O.

12851, 58 FR 33181, 3 CFR, 1993 Comp., p.

608; E.O. 12924, 59 FR 43437, 3 CFR, 1994

Comp., p. 917; E.O. 12938, 59 FR 59099, 3

CFR, 1994 Comp., p. 950; E.O. 13026, 61 FR

58767, 3 CFR, 1996 Comp., p. 228; E.O.

13206 (66 FR 18397, April 9, 2001); Notice

of November 9, 2000 (65 FR 68063,

November 13, 2000).

PART 744—[AMENDED]

2. Supplement No. 4 to part 744 is

amended as follows:

a. In the country ‘‘Israel’’ entry, in the

entry for the Israeli entity ‘‘Ben Gurion

University, Israel’’ in the ‘‘Federal

Register Citation’’ column, revise the

entry to read ‘‘62 FR 4910, 2/3/97; 65 FR

12919, 3/10/00.’’;

b. Amending the country ‘‘China,

People’s Republic of’’ entry by revising

the entry for the Chinese entity

‘‘Chinese Academy of Engineering

Physics’’ and amending the country

‘‘Russia’’ by revising the Russian

entities ‘‘All-Russian Scientific Research

Institute of Technical Physics’’, ‘‘AllUnion Scientific Research Institute of

Experimental Physics’’, and ‘‘Ministry

for Atomic Power of Russia’’, to read as

follows; and

c. Adding, in alphabetical order, the

following entities for ‘‘China, People’s

Republic of’’, to read as follows:

Supplement No. 4 to Part 744—Entity

List

Country and entity License requirement License review policy Federal Register citation

*******

China, People’s Republic of:

13 Institute, China Academy of Launch

Vehicle Technology, (CALT), aka 713

Institute or Beijing Institute of Control

Devices.

For all items subject to the

EAR.

See § 744.3(d) of this part ...... 66 FR 24265, May 14, 2001.

24266 Federal Register / Vol. 66, No. 93 / Monday, May 14, 2001 / Rules and Regulations

Country and entity License requirement License review policy Federal Register citation

33 Institute, aka Beijing Institute of Automatic Control Equipment.For all items subject to the

EAR having a classification

other than EAR99 or a classification where the third

through fifth digits of the

ECCN are ‘‘999’’, e.g.,

XX999.

See § 744.3(d) of this part ...... 66 FR 24266, May 14, 2001.

35 Institute, aka Beijing Huahang Radio

Measurements Research Institute.

For all items subject to the

EAR having a classification

other than EAR99 or a classification where the third

through fifth digits of the

ECCN are ‘‘999’’, e.g.,

XX999.

See § 744.3(d) of this part ...... 66 FR 24266, May 14, 2001.

54th Research Institute of China, aka

Communication, Telemetry and Telecontrol Research Institute (CTI).

For all items subject to the

EAR having a classification

other than EAR99 or a classification where the third

through fifth digits of the

ECCN are ‘‘999’’, e.g.,

XX999.

See § 744.3(d) of this part ...... 66 FR 24266, May 14, 2001.

Baotou Guanghua Chemical Industrial

Corporation, 202 Factory Baotou, Inner

Mongolia.

For all items subject to the

EAR having a classification

other than EAR99.

See § 744.2(d) of this part ...... 66 FR 24266, May 14, 2001.

*******

Beijing Power Machinery Institute ............ For all items subject to the

EAR.

See § 744.3(d) of this part ...... 66 FR 24266, May 14, 2001.

Beijing University of Aeronautics and Astronautics (BUAA).For all items subject to the

EAR.

See § 744.3(d) of this part ...... 66 FR 24266, May 14, 2001.

*******

Chinese Academy of Engineering Physics (aka Ninth Academy, including the

Southwest Institutes of: Applied Electronics, Chemical Materials, Electronic

Engineering, Explosives and Chemical

Engineering, Environmental Testing,

Fluid Physics, General Designing and

Assembly, Machining Technology, Materials, Nuclear Physics and Chemistry

(aka China Academy of Eng[ineering]

Physics [CAEP]’s 902 Institute,

Mianyang), Structural Mechanics; Research and Applications of Special Materials Factory; Southwest Computing

Center (all of preceding located in or

near Mianyang, Sichuan Province); Institute of Applied Physics and Computational Mathematics, Beijing; and

High Power Laser Laboratory, Shanghai).

For all items subject to the

EAR.

Case-by-case basis ................ 62 FR 35334, 6/30/97; 66 FR

24266, May 14, 2001.

*******

First Department, China Academy of

Launch Vehicle Technology, (CALT).

For all items subject to the

EAR.

See § 744.3(d) of this part ...... 66 FR 24266, May 14, 2001.

*******

Northwestern Polytechnical University ..... For all items subject to the

EAR having a classification

other than EAR99 or a classification where the third

through fifth digits of the

ECCN are ‘‘999’’, e.g.,

XX999.

See § 744.3(d) of this part ...... 66 FR 24266, May 14, 2001.

Federal Register / Vol. 66, No. 93 / Monday, May 14, 2001 / Rules and Regulations 24267

Country and entity License requirement License review policy Federal Register citation

*******

Southwest Research Institute of Electronics Technology, Chengdu.For all items subject to the

EAR having a classification

other than EAR99 or a classification where the third

through fifth digits of the

ECCN are ‘‘999’’, e.g.,

XX999.

See § 744.3(d) of this part ...... 66 FR 24267, May 14, 2001.

*******

Xian Research Institute of Navigation

Technology.

For all items subject to the

EAR having a classification

other than EAR99.

See § 744.3(d) of this part ...... 66 FR 24267, May 14, 2001.

Xiangdong Machinery Factory .................. For all items subject to the

EAR.

See § 744.3(d) of this part ...... 66 FR 24267, May 14, 2001.

*******

Russia:

All-Russian Scientific Research Institute

of Technical Physics, (aka VNIITF,

Chelyabinsk-70, All-Russian Research

Institute of Technical Physics, ARITP,

Russian Federal Nuclear Center) located in either Snezhinsk or Kremlev

(Sarov).

For all items subject to the

EAR.

Case-by-case basis ................ 62 FR 35334, 6/30/97; 66 FR

24267, May 14, 2001.

All-Union Scientific Research Institute of

Experimental Physics, (aka VNIIEF,

Arzamas-16, Russian Federal Nuclear

Center, All Russian Research Institute

of Experimental Physics, ARIEP,

Khariton Institute) located in either

Snezhinsk or Kremlev (Sarov).

For all items subject to the

EAR.

Case-by-case basis ................ 62 FR 35334, 6/30/97; 66 FR

24267, May 14, 2001.

*******

Ministry for Atomic Power of Russia (any

entities, institutes, or centers associated with) located in either Snezhinsk

or Kremlev (Sarov).

For all items subject to the

EAR.

Case-by-case basis ................ 62 FR 35334, 6/30/97; 66 FR

24267, May 14, 2001.

*******

Dated: May 9, 2001.

Matthew S. Borman,

Deputy Assistant Secretary for Export

Administration.

[FR Doc. 01–12188 Filed 5–11–01; 8:45 am]

BILLING CODE 3510–33–P

LIBRARY OF CONGRESS

Copyright Office

37 CFR Parts 202

[Docket No. RM 2001–4]

Renewal Copyright Registration

AGENCY: Copyright Office, Library of

Congress.

ACTION: Final rule: technical

amendment.

SUMMARY: The Copyright Office is

making technical amendments in the

regulation regarding copyright renewal

to reflect the modification in duration of

the extended renewal term from fortyseven years to sixty-seven years as a

result of the Sonny Bono Copyright

Term Extension Act.

EFFECTIVE DATE: May 14, 2001.

FOR FURTHER INFORMATION CONTACT: Kent

Dunlap, Principal Legal Advisor for the

General Counsel, Telephone: (202) 707–

8380. Telefax: (202) 707–8366.

SUPPLEMENTARY INFORMATION: On

October 27, 1998, President Clinton

signed into law the Sonny Bono

Copyright Term Extension Act, Pub. L.

105–298, extending for an additional 20

years the term of copyright protection in

the United States. This law increased

the extended copyright renewal term

under section 304 of the copyright law,

from forty-seven years to sixty-seven

years. These technical amendments add

a reference to Pub. L. 105–298 and

substitute sixty-seven years in places

where the renewal regulation designates

forty-seven years.

List of Subjects in 37 CFR Part 202

Copyright registration.

Technical Amendment

In consideration of the foregoing, the

Copyright Office is amending part 202

of 37 CFR, chapter II in the manner set

forth below.

PART 202—REGISTRATION OF

CLAIMS TO COPYRIGHT

1. The authority citation for part 202

continues to read as follows:

Authority: 17 U.S.C. 702.

§ 202.17 [Amended]

2. In § 202.17:

a. Paragraph (a) is amended by adding

‘‘and Pub. L. 105–298.’’ at the end of the

paragraph.

b. Paragraph (c) is amended by

removing the phrases ‘‘extended fortyseven year second term’’ and ‘‘fortyseven year extended term’’ and adding

‘‘extended sixty-seven year second