65372 Federal Register / Vol. 60, No. 243 / Tuesday, December 19, 1995 / Notices

insurance contracts, (2) due to

differences of tax treatment or other

considerations, the interests of various

contractowners participating in the

Fund might at some time be in conflict,

and (3) the Board will monitor for any

material conflicts and determine what

action, if any, should be taken.

8. All reports received by the Board of

potential or existing conflicts, and all

Board action with regard to determining

the existence of a conflict, notifying

participating insurance companies of a

conflict, and determining whether any

proposed action adequately remedies a

conflict, will be properly recorded in

the minutes of the Board or other

appropriate records, and such minutes

or other records shall be made available

to the Commission upon request.

9. If and to the extent Rule 6e–2 and

Rule 6e–3(T) are amended, or Rule 6e–

3 is adopted, to provide exemptive relief

from any provision of the 1940 Act or

the rules thereunder with respect to

mixed or shared funding on terms and

conditions materially different from any

exemptions granted in the order

requested in this application, then each

Fund and/or the participating insurance

companies, as appropriate, shall take

such steps as may be necessary to

comply with Rule 6e–2 and Rule 6e–

3(T), as amended, and Rule 6e–3, as

adopted, to the extent such rules are

applicable.

10. Each Fund will comply with all

provisions of the 1940 Act requiring

voting by shareholders (which, for these

purposes, shall be the persons having a

voting interest in the shares of the

Fund), and in particular the Fund will

either provide for annual meetings

(except insofar as the Commission may

interpret Section 16 not to require such

meetings) or comply with Section 16(c)

of the 1940 Act (although the Trust is

not one of the trusts described in

Section 16(c) of the 1940 Act) as well as

with Sections 16(a) and, if and when

applicable, 16(b). Further, the Fund will

act in accordance with the

Commission’s interpretation of the

requirements of Section 16(a) with

respect to periodic elections of directors

(or trustees) and with whatever rules the

Commission may promulgate with

respect thereto.

11. The participating insurance

companies, Winsbury, and/or any other

investment adviser to a Fund or series,

shall at least annually submit to the

Fund’s Board such reports, materials or

data as the Board may reasonably

request so that it may fully carry out the

obligations imposed upon it by the

conditions contained in the application

and said reports, materials and data

shall be submitted more frequently if

deemed appropriate by the Board. The

obligations of the participating

insurance companies to provide these

reports, materials and data to the Board

when it so reasonably requests, shall be

a contractual obligation of all

participating insurance companies

under their agreements governing

participation in each Fund.

Conclusion

For the reasons and upon the facts

stated above, Applicants assert that the

requested exemptions are appropriate in

the public interest and consistent with

the protection of investors and the

purposes fairly intended by the policy

and provisions of the 1940 Act.

For the Commission, by the Division of

Investment Management, pursuant to

delegated authority.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 95–30708 Filed 12–18–95; 8:45 am]

BILLING CODE 8010–01–M

SMALL BUSINESS ADMINISTRATION

Revocation of License of Small

Business Investment Company

Pursuant to the authority granted to

the United States Small Business

Administration by the Order of the

United States District Court for the

Northern District of Texas, Dallas

Division, dated November 3, 1995, the

United States Small Business

Administration hereby revokes the

license of Diversified Capital Funding

Corporation, a Texas corporation, to

function as a small business investment

company under the Small Business

Investment Company License No.06/10–

0125 issued to Diversified Capital

Funding Corporation on September 27,

1962 and said license is hereby declared

null and void as of December 13, 1995.

Small Business Administration.

Dated: December 11, 1995.

Don A. Christensen,

Associate Administrator for Investment.

[FR Doc. 95–30758 Filed 12–18–95; 8:45 am]

BILLING CODE 8025–01–P

DEPARTMENT OF STATE

[Public Notice No. 2301]

Advisory Committee on International

Communications and Information

Policy; Public Meeting

The Department of State is holding

the third meeting of its advisory

Committee on International

Communications and Information

Policy. The Committee was

reestablished on August 11, 1994, in

order to provide a formal channel for

regular consultation and coordination

on major economic, social and legal

issues and problems in international

communications and information

policy, especially as these issues and

problems involve users of information

and communication services, providers

of such services, technology research

and development, foreign industrial and

regulatory policy, the activities of

international organizations with regard

to communications and information,

and developing country interests.

The 24-person committee was

appointed by Ambassador Vonya B.

McCann, United States Coordinator for

International Communications and

Information Policy, U.S. Department of

State, and serves under the

Chairmanship of Ed Black, President,

Computer & Communications Industry

Association.

The purpose of this meeting will be to

follow up on the recent creation of

working groups on various issues that

will help chart the future direction and

work plan of the committee. The

members will look at the substantive

issues on which the committee should

focus, as well as specific countries and

regions of interest to the committee.

The committee will follow the

procedures prescribed by the Federal

Advisory Committee Act (FACA).

Meetings will be open to the public

unless a determination is made in

accordance with the FACA Section

10(d), 5 U.S.C. 552b(c) (1) and (4) that

a meeting or a portion of the meeting

should be closed to the public.

This meeting will be held on

Thursday, January 18, 1996, from 9:30

a.m.–12:00 noon in Room 1912 of the

Main Building of the U.S. Department of

State, located at 2201 ‘‘C’’ Street, NW.,

Washington, DC 20520. While the

meeting is open to the public,

admittance to the State Department

Building is only by means of a prearranged clearance list. In order to be

placed on the pre-clearance list, please

provide your name, title, company,

social security number, and date of birth

to Sylvia Conley at (202) 647–5233 or by

fax at (202) 647–5957. All attendees

must use the ‘‘C’’ Street entrance. One

of the following valid ID’s will be

required for admittance: any U.S.

driver’s license with photo, a passport,

or a U.S. Government agency ID.

For further information, contact the

Executive Secretary of the committee, at

(202) 647–5385.
Federal Register / Vol. 60, No. 243 / Tuesday, December 19, 1995 / Notices 65373

Dated: December 7, 1995.

Timothy C. Finton,

Executive Secretary, Advisory Committee for

International Communications and

Information Policy.

[FR Doc. 95–30702 Filed 12–18–95; 8:45 am]

BILLING CODE 4710–45–M

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

Approval of Noise Compatibility

Program, Ft. Lauderdale-Hollywood

International Airport, Ft. Lauderdale,

FL

AGENCY: Federal Aviation

Administration, DOT.

ACTION: Notice.

SUMMARY: The Federal Aviation

Administration (FAA) announces its

findings on the noise compatibility

program submitted by the Broward

County Aviation Department under the

provisions of Title I of the Aviation

Safety and Noise Abatement Act of 1979

(Pub. L. 96–193) and 14 CFR Part 150.

These findings are made in recognition

of the description of Federal and

nonfederal responsibilities in Senate

Report No. 96–52 (1980). On June 1,

1995, the FAA determined that the

noise exposure maps submitted by the

Broward County Aviation Department

under Part 150 were in compliance with

applicable requirements. On November

28, 1995, the Administrator approved

the Ft. Lauderdale-Hollywood

International Airport noise

compatibility program. All of the

recommendations of the program were

approved.

EFFECTIVE DATE: The effective date of the

FAA’s approval of the Ft. LauderdaleHollywood International Airport noise

compatibility program is November 28,

1995.

FOR FURTHER INFORMATION CONTACT: Mr.

Tommy J. Pickering, P.E., The Federal

Aviation Administration, Orlando

Airports District Office, 9677 Tradeport

Drive, Suite 130, Orlando, Florida

32827–5397, (407) 648–6583, Extension

29. Documents reflecting this FAA

action may be reviewed at this same

location.

SUPPLEMENTARY INFORMATION: This

notice announces that the FAA has

given its overall approval to the noise

compatibility program for Ft.

Lauderdale-Hollywood International

Airport, effective November 28, 1995.

Under Section 104(a) of the Aviation

Safety and Noise Abatement Act of 1979

(hereinafter referred to as ‘‘the Act’’), an

airport operator who has previously

submitted a noise exposure map may

submit to the FAA a noise compatibility

program which sets forth the measures

taken or proposed by the airport

operator for the reduction of existing

noncompatible land uses and

prevention of additional noncompatible

land uses within the area covered by the

noise exposure maps. The Act requires

such programs to be developed in

consultation with interested and

affected parties including local

communities, government agencies,

airport users, and FAA personnel.

Each airport noise compatibility

program developed in accordance with

Federal Aviation Regulations (FAR) Part

150 is a local program, not a Federal

program. The FAA does not substitute

its judgment for that of the airport

proprietor with respect to which

measure should be recommended for

action. The FAA’s approval or

disapproval of FAR Part 150 program

recommendations is measured

according to the standards expressed in

Part 150 and the Act, and is limited to

the following determinations:

a. The noise compatibility program

was developed in accordance with the

provisions and procedures of FAR Part

150;

b. Program measures are reasonably

consistent with achieving the goals of

reducing existing noncompatible land

uses around the airport and preventing

the introduction of additional

noncompatible land uses.

c. Program measures would not create

an undue burden on interstate or foreign

commerce, unjustly discriminate against

types or classes of aeronautical users,

violate the terms of airport grant

agreements, or intrude into areas

preempted by the Federal government;

and

d. Program measures relating to the

use of flight procedures can be

implemented within the period covered

by the program without derogating

safety, adversely affecting the efficient

use and management of the navigable

airspace and air traffic control systems,

or adversely affecting other powers and

responsibilities of the Administrator

prescribed by law.

Specific limitations with respect to

FAA’s approval of an airport noise

compatibility program are delineated in

FAR Part 150, Section 150.5. Approval

is not a determination concerning the

acceptability of land uses under Federal,

state, or local law. Approval does not by

itself constitute an FAA implementing

action. A request for Federal action or

approval to implement specific noise

compatibility measures may be

required, and an FAA decision on the

request may require an environmental

assessment of the proposed action.

Approval does not constitute a

commitment by the FAA to financially

assist in the implementation of the

program nor a determination that all

measures covered by the program are

eligible for grant-in-aid funding from the

FAA. Where Federal funding is sought,

requests for project grants must be

submitted to the FAA Airports District

Office in Orlando, Florida.

The Broward County Aviation

Department submitted to the FAA on

May 22, 1995, updated noise exposure

maps, descriptions, and other

documentation produced during the

noise compatibility planning study

conducted from November 25, 1992

through May 18, 1995. The Ft.

Lauderdale-Hollywood International

Airport noise exposure maps were

determined by FAA to be in compliance

with applicable requirements on June 1,

1995. Notice of this determination was

published in the Federal Register.

The Ft. Lauderdale-Hollywood

International Airport study contains a

proposed noise compatibility program

comprised of actions designed for

phased implementation by airport

management and adjacent jurisdictions

from the date of study completion to the

year 2000. It was requested that FAA

evaluate and approve this material as a

noise compatibility program as

described in Section 104(b) of the Act.

The FAA began its review of the

program on June 1, 1995, and was

required by a provision of the Act to

approve or disapprove the program

within 180-days (other than the use of

new flight procedures for noise control).

Failure to approve or disapprove such

program within the 180-day period shall

be deemed to be an approval of such

program.

The submitted program contained

twelve (12) proposed actions for noise

mitigation on and off the airport. The

FAA completed its review and

determined that the procedural and

substantive requirements of the Act and

FAR Part 150 have been satisfied. The

overall program, therefore, was

approved by the Administrator effective

November 28, 1995.

Outright approval was granted for ten

(10) of the twelve (12) specific program

measures. Two (2) measures were

partially approved. The approval action

was for the following program controls: