55516 Federal Register / Vol. 70, No. 183 / Thursday, September 22, 2005 / Rules and Regulations 

Dated: September 16, 2005. 

Jeanette C. Brinkley, 

Secretary, Farm Credit Administration Board. 

[FR Doc. 05–18892 Filed 9–21–05; 8:45 am] 

BILLING CODE 6705–01–P 

NATIONAL CREDIT UNION 

ADMINISTRATION 

12 CFR Parts 703, 790, 791 

Technical Corrections 

AGENCY: National Credit Union 

Administration. 

ACTION: Final rule. 

SUMMARY: The National Credit Union 

Administration (NCUA) Board is issuing 

a rule to make certain technical 

corrections. The rule corrects titles of 

some NCUA offices and reorganizes the 

section describing the central and 

regional office organization. The NCUA 

Board is also making a minor revision 

to its own rules of procedure to clarify 

when notation voting is appropriate. 

DATES: This rule is effective September 

22, 2005. 

FOR FURTHER INFORMATION CONTACT: 

Moisette Green, Staff Attorney, Division 

of Operations, Office of General 

Counsel, at the National Credit Union 

Administration, 1775 Duke Street, 

Alexandria, Virginia 22314–3428 or 

telephone: (703) 518–6540. 

SUPPLEMENTARY INFORMATION: 

A. Background 

The NCUA Board reorganized a few 

offices within the central office of the 

agency as a result of the fiscal year 2005 

(FY05) budget review. The Board’s goals 

included improving the efficiency of 

NCUA operations, clarifying central 

office functions and extending 

assistance to small credit unions. 

As part of the reorganization, the 

Board reassigned some existing NCUA 

positions and resources to the Office of 

Credit Union Development and renamed 

it as the Office of Small Credit Union 

Initiatives. This change recognizes the 

important role small credit unions, 

which represent about one-half of all 

credit unions, play in the credit union 

movement and provides additional 

focus within NCUA on the problems 

small credit unions face. 

The Board also restructured the Office 

of Strategic Program Support and 

Planning when it approved the FY05 

budget. The Board reorganized this staff 

to achieve more effective operations and 

better respond to NCUA’s emerging 

needs and renamed the office as the 

Office of Capital Markets and Planning 

to reflect its purpose and function more 

accurately. 

Part 790 describes NCUA’s 

organization. Due to the renaming of 

these offices, the Board revises 

§§ 790.2(b)(12) and (13) to delete the 

references to the ‘‘Office of Credit Union 

Development’’ and ‘‘Office of Strategic 

Program Support and Planning.’’ These 

references are replaced with ‘‘Office of 

Small Credit Union Initiatives’’ and 

‘‘Office of Capital Markets and 

Planning’’ respectively. The Board also 

makes a conforming change to § 703.19. 

Accordingly, the Board revises 

§§ 703.19(c), 790.2(b)(12) and (13) to 

make this correction. 

The Board also revises § 790.2(b)(4) to 

describe graphics as an example of the 

administrative services provided by the 

Office of the Chief Financial Officer 

instead of a responsibility of the Office 

of Public and Congressional Affairs. 

Additionally, the Board has a policy 

of continually reviewing NCUA 

regulations to ‘‘update, clarify and 

simplify existing regulations and 

eliminate redundant and unnecessary 

provisions.’’ NCUA Interpretive Rulings 

and Policy Statement (IRPS) 87–2, 

Developing and Reviewing Government 

Regulations. The NCUA staff’s most 

recent review of NCUA’s regulations 

revealed the need for a few minor 

updates and corrections. 

The description of the NCUA Central 

Liquidity Facility (CLF) is currently 

placed within the description of the 

Office of Examination and Insurance. 

The CLF is an instrumentality of the 

United States established under Title III 

of the Federal Credit Union Act, 12 

U.S.C. 1795–1795k, and should be 

described in a separate paragraph in 

§ 790.2. Accordingly, the Board 

redesignates § 790.2(b)(5)(ii) as a new 

paragraph § 790.2(b)(15) to make this 

correction. 

The NCUA Board has reviewed the 

rules governing its procedures in Part 

791. Specifically, Board is revising 

§ 791.4 to reflect when it may consider 

matters by notation voting. When the 

rule was approved in 1980, the Board 

described matters it would consider by 

notation voting with the word 

‘‘routine,’’ intending to restrict the use 

of this method of acting. The Board 

continues to believe notation voting 

should not be used for substantive 

decisions of significant, broad impact on 

credit unions. To clarify the rule and 

provide the Board with additional 

flexibility, while complying the 

Government in the Sunshine Act, 5 

U.S.C. 552b, the Board revises 

§ 791.4(b)(1) by replacing the word 

‘‘routine’’ with the words 

‘‘administrative or time sensitive.’’

B. Regulatory Procedures 

Final Rule Under the Administrative 

Procedure Act 

The amendments in this rule are 

technical rather than substantive or 

involve only agency rules governing 

internal procedure. NCUA finds good 

cause that notice and public comment 

are unnecessary under section 553(b)(B) 

of the Administrative Procedure Act 

(APA). 5 U.S.C. 553(b)(B). NCUA also 

finds good cause to dispense with the 

30-day delayed effective date 

requirement under section 553(d)(3) of 

the APA. The rule will, therefore, be 

effective immediately upon publication. 

Regulatory Flexibility Act 

The Regulatory Flexibility Act 

requires NCUA to prepare an analysis to 

describe any significant economic 

impact a rule may have on a substantial 

number of small entities, those credit 

unions with less than ten million 

dollars in assets. This rule makes 

technical corrections and revises the 

Board’s internal procedural rules, so it 

will not have a significant economic 

impact on a substantial number of small 

credit unions, and, therefore, a 

regulatory flexibility analysis is not 

required. 

Paperwork Reduction Act 

NCUA has determined that this rule 

will not increase paperwork 

requirements under the Paperwork 

Reduction Act of 1995 and regulations 

of the Office of Management and 

Budget. 

Executive Order 13132 

Executive Order 13132 encourages 

independent regulatory agencies to 

consider the impact of their actions on 

state and local interests. In adherence to 

fundamental federalism principles, the 

NCUA, an independent regulatory 

agency as defined in 44 U.S.C. 3502(5), 

voluntarily complies with the executive 

order. This rule will not have 

substantial direct effects 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. The NCUA has 

determined that this rule does not 

constitute a policy that has federalism 

implications for purposes of the 

executive order. 

The Treasury and General Government 

Appropriations Act, 1999—Assessment 

of Federal Regulations and Policies on 

Families 

NCUA has determined that this rule 

will not affect family well-being within 

Federal Register / Vol. 70, No. 183 / Thursday, September 22, 2005 / Rules and Regulations 55517 

the meaning of section 654 of the 

Treasury and General Government 

Appropriations Act, 1999, Pub. L. 105–

277, 112 Stat. 2681 (1998). 

By the National Credit Union 

Administration Board on September 15, 

2005. 

Mary Rupp, 

Secretary of the Board. 

■ Accordingly, the NCUA amends 12 

CFR parts 703, 790, and 791 as follows: 

PART 703—INVESTMENT AND 

DEPOSIT ACTIVITIES 

■ 1. The authority citation for part 703 

continues to read as follows: 

Authority: 12 U.S.C. 1757(7), 1757(8), 

1757(15). 

§ 703.19 [Amended] 

■ 2. In 12 CFR 703.19(c) remove the 

words ‘‘Office of Strategic Program 

Support and Planning’’ and add, in their 

place, the words ‘‘Office of Capital 

Markets and Planning’’. 

PART 790—DESCRIPTION OF NCUA; 

REQUESTS FOR AGENCY ACTION 

■ 3. The authority citation for part 790 

continues to read as follows: 

Authority: 12 U.S.C. 1766, 1789, and 

1795f. 

§ 790.2 [Amended] 

■ 4. Amend § 790.2 as follows: 

■ a. In the table below, for 12 CFR 

790.2(b), remove the title indicated in 

the left column from wherever it 

appears in the section, and add the title 

indicated in the right column: 

Remove Add 

Office of Credit Union Development ........................................................ Office of Small Credit Union Initiatives. 

Office of Strategic Program Support and Planning .................................. Office of Capital Markets and Planning. 

■ b. Redesignate paragraph (b)(5)(i) as 

paragragh (b)(5), and paragraph (b)(5)(ii) 

as new paragraph (b)(15). 

■ c. Add the word ‘‘graphics;’’ in the 

last sentence of paragraph (b)(4) after 

the word ‘‘printing;’’ and remove the 

last sentence of paragraph (b)(11). 

PART 791—RULES OF NCUA BOARD 

PROCEDURE; PROMULGATION OF 

NCUA RULES AND REGULATIONS; 

PUBLIC OBSERVATION OF NCUA 

BOARD MEETINGS 

■ 5. The authority citation for part 791 

continues to read as follows: 

Authority: 12 U.S.C. 1766, 1789 and 5 

U.S.C. 552b. 

§ 791.4 [Amended] 

■ 6. In 12 CFR 791.4(b)(1), remove the 

word ‘‘routine’’ and add, in its place, 

the words ‘‘administrative or time 

sensitive, for example, enforcement or 

interagency actions requiring prompt 

Board action’’. 

[FR Doc. 05–18747 Filed 9–21–05; 8:45 am] 

BILLING CODE 7535–01–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 39 

[Docket No. FAA–2005–22484; Directorate 

Identifier 2003–NM–270–AD; Amendment 

39–14286; AD 2005–19–21] 

RIN 2120–AA64 

Airworthiness Directives; Airbus Model 

A330–202, –223, –243, and –343 

Airplanes; and Model A340–313 

Airplanes 

AGENCY: Federal Aviation 

Administration (FAA), Department of 

Transportation (DOT). 

ACTION: Final rule; request for 

comments. 

SUMMARY: The FAA is adopting a new 

airworthiness directive (AD) for certain 

Airbus Model A330–202, –223, –243, 

and –343 airplanes; and certain Model 

A340–313 airplanes. This AD requires a 

one-time inspection for discrepancies of 

the attachment bolts of the windshield 

central retainer, and corrective actions if 

necessary. This AD results from a report 

indicating that, during production, the 

windshield central retainer may have 

been installed with attachment bolts 

that were too short, which prevented the 

thread of the bolt from fully engaging in 

the self-locking nut. We are issuing this 

AD to prevent loosened attachment 

bolts, which could result in loss of the 

windshield and consequent reduced 

structural integrity of the airplane. 

DATES: Effective October 7, 2005. 

The Director of the Federal Register 

approved the incorporation by reference 

of certain publications listed in the AD 

as of October 7, 2005. 

We must receive comments on this 

AD by November 21, 2005. 

ADDRESSES: Use one of the following 

addresses to submit comments on this 

AD. 

• DOT Docket Web site: Go to 

http://dms.dot.gov and follow the 

instructions for sending your comments 

electronically. 

• Government-wide rulemaking Web 

site: Go to http://www.regulations.gov 

and follow the instructions for sending 

your comments electronically. 

• Mail: Docket Management Facility; 

U.S. Department of Transportation, 400 

Seventh Street, SW., Nassif Building, 

room PL–401, Washington, DC 20590. 

• Fax: (202) 493–2251. 

• Hand Delivery: Room PL–401 on 

the plaza level of the Nassif Building, 

400 Seventh Street, SW., Washington, 

DC, between 9 a.m. and 5 p.m., Monday 

through Friday, except Federal holidays. 

Contact Airbus, 1 Rond Point Maurice 

Bellonte, 31707 Blagnac Cedex, France, 

for service information identified in this 

AD. 

FOR FURTHER INFORMATION CONTACT: Dan 

Rodina, Aerospace Engineer, 

International Branch, ANM–116, FAA, 

Transport Airplane Directorate, 1601 

Lind Avenue, SW., Renton, Washington 

98055–4056; telephone (425) 227–2125; 

fax (425) 227–1149. 

SUPPLEMENTARY INFORMATION: 

Discussion 

The Direction Ge ́ne ́rale de l’Aviation 

Civile (DGAC), which is the 

airworthiness authority for France, 

notified us that an unsafe condition may 

exist on certain Airbus Model A330–

202, –223, –243, and –343 airplanes, 

and Model A340–313 airplanes. The 

windshield central retainer is attached 

with long-thread bolts of a certain 

length. During production on affected 

airplanes, the windshield central