Federal Register / Vol. 60, No. 48 / Monday, March 13, 1995 / Notices 13503

on a basis other than net asset value.

The rule permits the imposition of

certain sales loads and/or other fees in

connection with the exchange, provided

that (1) any administrative fee or

scheduled variation thereof is applied

uniformly to all security holders of the

specified class; (2) any redemption fee

or scheduled variation thereof is applied

uniformly and does not exceed the

redemption fee applicable to the

redemption of the exchanged security in

the absence of an exchange; (3) adequate

disclosure is made with respect to the

fees charged and the limitations and any

rights of termination applicable to an

exchange offer; and (4) sales loads are

calculated and deducted in accordance

with the terms and conditions of Rule

11a–3.

Rule 11a–2 thus permits offers of

exchange between insurance company

separate accounts having the same or

affiliated depositor or sponsor and Rule

11a–3 permits certain exchange offers

between funds in the same group of

funds. However, neither rule permits

exchanges between a publicly-offered

management investment company and a

separate account.

11. Applicants state that, because

neither the T. Rowe Price Public Funds

nor the Contracts impose sales load

charges, no sales load will be deducted

in connection with the application of

redemption proceeds from a T. Rowe

Price Public Fund to premium payments

on a Contract, or the application of

redemption proceeds or annuity

payments from a Contract to the

purchase of shares of T. Rowe Price

Public Fund. Thus, there is no

possibility of the abuse contemplated by

Section 11(a) (i.e., offers of exchange

made solely for the purpose of assessing

additional selling charges). The

payment arrangement is consistent with

the intent and purposes of Rules 11a–2

and 11a–3 and would satisfy the

conditions established by those rules if

the Applicants were eligible to rely on

them.

12. Applicants believe that exemptive

relief is necessary, appropriate and fully

consistent with the purpose of Section

11 of the 1940 Act, and that the

payment arrangement would not result

in any of the abuses the section was

enacted to prevent. The payment

arrangement provides substantial

benefits to Contract purchasers and

owners by providing a convenient

means of making premium payments

and of investing proceeds from a

redemption, withdrawal or surrender

under the Contracts. The payment

arrangement is consistent with the

protection of investors and with the

purposes fairly intended by the policy

and provisions of the 1940 Act.

Conclusion

For the reasons set forth above,

Applicants represent that the

exemptions requested are necessary and

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.

Jonathan G. Katz,

Secretary.

[FR Doc. 95–6030 Filed 3–10–95; 8:45 am]

BILLING CODE 8010–01–M

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

Airbus Industrie Proposal To Establish

a Maximum Passenger Capacity for the

Model A321 Airplane Without Conduct

of a Full-Scale Evacuation

Demonstration; Public Meeting

AGENCY: Federal Aviation

Administration (FAA), DOT.

ACTION: Notice of public meeting.

SUMMARY: This notice announces a

public meeting which is being held by

the Federal Aviation Administration

(FAA) for the purpose of soliciting and

reviewing information from the public

on a proposal by Airbus Industrie to

establish a maximum passenger capacity

for the model A321 airplane without

conduct of a full-scale evacuation

demonstration. Interested parties are

invited to make presentations or submit

material for the record.

DATES: The public meeting is scheduled

for Friday, April 14, 1995. On-site

registration will begin at 7:30 a.m., and

the public meeting will begin at 8:30

a.m.

REGISTRATION: Persons planning to

attend the public meeting should

preregister by contacting the person

identified later in this notice as the

contact for further information.

Arrangements for oral presentations

must be made by March 25, 1995.

ADDRESSES: The public meeting will be

held at the Holiday Inn, SeaTac

International Airport, 17338

International Blvd., Seattle, Washington

98188.

FOR FURTHER INFORMATION CONTACT:

Jeff Gardlin, FAA, Transport Standards

Staff, Transport Airplane Directorate,

1601 Lind Avenue SW., Renton, WA

98055–4056; telephone (206) 227–2136.

SUPPLEMENTARY INFORMATION: Pursuant

to section 10(a)(2) of the Federal

Advisory Committee Act (Pub. L. 92–

463; 5 U.S.C. App. II), notice is given of

a public meeting to be held on April 14,

1995 at the Holiday Inn, SeaTac

International Airport in Seattle,

Washington. The purpose of this

meeting is to hear comments from the

general public regarding a proposal by

Airbus Industrie to establish the

maximum passenger capacity for the

A321 airplane, without conduct of a

full-scale evacuation demonstration.

This proposal includes utilization of

previous full-scale evacuation data from

a similar airplane model, in

combination with partial evacuation

testing and analysis. This approach

would represent a departure from

previous FAA-approval methods for

new airplane models, although the

European Joint Aviation Authorities

have already approved the airplane

using this method. The A321 is a

derivative of the A320 airplane, and

includes replacement of the two Type III

overwing exits with two pairs of

improved Type I exits. While this

subject is being addressed by the

Emergency Evacuation Issues Group of

the Aviation Rulemaking Advisory

Committee (ARAC), that group has not

yet reached a consensus on the

procedures to follow in such a case. In

the absence of a formal recommendation

from ARAC, the FAA is inviting the

interested public to comment on the

Airbus proposal. The FAA will consider

information presented at the public

meeting in the course of making its

decision on the acceptability of the

Airbus proposal.

The agenda for the meeting will

include:

Regulatory Background

Certification Test Procedures

Airbus Presentation of Proposed

Compliance Method

Presentations from the Public

Attendance is open to the interested

public, but will be limited to the space

available.

Requests To Be Heard

Persons planning to present data or

comments at the public meeting are

requested to provide the FAA an

abstract of their presentation by March

25, 1995. The abstract should include an

estimate of the time needed to make the

presentation, and should be mailed to

the person identified earlier in this

notice as the contact for further

information. Following each

presentation, a discussion period will be

allowed and all persons will be given

the opportunity to open discussions on

the presentation.
13504 Federal Register / Vol. 60, No. 48 / Monday, March 13, 1995 / Notices

Public Meeting Procedures

Hotel room reservations should be

made in advance. A block of rooms has

been reserved at the Holiday Inn,

SeaTac at a single room rate of $74.00

plus tax. Persons wishing to attend the

public meeting are encouraged to make

reservations by March 23, 1995, by

contacting the Hotel direct at 206–248–

1000. Be sure to identify yourself as an

FAA public meeting attendee to receive

this special rate.

Persons who plan to attend the public

meeting should be aware of the

following procedures which are

established to facilitate the workings of

the meeting.

1. The meeting will be open on a

space available basis to all persons

registered. If practicable, the meeting

will be accelerated to enable

adjournment in less than the time

scheduled.

2. The meeting will be recorded by a

court reporter. Anyone interested in

purchasing the transcript should contact

the court reporter directly. A copy of the

court reporter’s transcribe will be

docketed.

3. The FAA will consider all materials

presented at the meeting by

participants. Position papers and other

handout material may be accepted at the

discretion of the chairperson. Enough

copies should be provided for

distribution to all conference

participants.

4. Statements made by FAA

participants at the meeting will not be

taken as expressing final FAA positions.

Issued in Renton, Washington, on March 3,

1995.

Darrell M. Pederson,

Acting Manager, Transport Airplane

Directorate, Aircraft Certification Service,

ANM–100.

[FR Doc. 95–5872 Filed 3–10–95; 8:45 am]

BILLING CODE 4910–13–M

Federal Highway Administration

National Motor Carrier Advisory

Committee; Meeting

AGENCY: Federal Highway

Administration (FHWA), DOT.

ACTION: Notice of public meeting.

SUMMARY: The FHWA announces a

public meeting of the National Motor

Carrier Advisory Committee. The

Committee acts in an advisory capacity

to the Federal Highway Administrator.

It makes recommendations intended to

improve the safety and productivity of

the motor carrier industry and the

effectiveness of the FHWA’s programs

and policies. The Committee reviews

research projects, regulations, and

programs including those involving

commercial motor vehicle licensing and

taxation, uniformity, and safety. The

focus of the meeting will be issues and

concerns of the motor carrier

community, including: (1) Regulatory

Updates, (2) Overview of the Truck and

Bus Safety Summit, and (3) Intelligent

Transportation Systems.

DATES: The meeting will be from 8:30

a.m. to 4:30 p.m. on April 4, 1995, and

from 8:30 a.m. to 12:00 p.m. on April 5,

1995.

ADDRESSES: Federal Highway

Administration, 400 Seventh Street,

SW., Room 2201, Washington, DC,

20590.

FOR FURTHER INFORMATION CONTACT: Mr.

Sam Rea, HMT–2, Room 3103, 400

Seventh Street, SW., Washington, DC,

20590; (202) 366–1724.

Office hours are from 7:45 a.m. to 4:15

p.m., e.t., Monday through Friday,

except for Federal holidays.

(23 U.S.C. 315; 49 CFR 1.48)

Issued on: March 7, 1995.

Rodney E. Slater,

Federal Highway Administrator.

[FR Doc. 95–6059 Filed 3–10–95; 8:45 am]

BILLING CODE 4910–22–P

[FHWA Docket No. 95–4]

Highway Investment Needs at and

Approaching International Ports of

Entry

AGENCY: Federal Highway

Administration (FHWA), DOT.

ACTION: Notice; request for comments.

SUMMARY: This document requests

comments on a study of highway

investment needs at and approaching

international ports of entry. This study

would supplement an earlier report on

international ports of entry and

transportation corridors for North

American trade which the Department

of Transportation (DOT) submitted to

the Congress in January 1994, in

accordance with sections 1089 and 6015

of the Intermodal Surface

Transportation Efficiency Act of 1991

(ISTEA), Pub. L. 102–240, 105 Stat.

1914. The Congress has asked the

FHWA to conduct a study to review its

distribution of funds to border regions,

to develop and report recommendations

to improve the distributions of such

funds, to give high priority to the

transportation needs of border regions,

and to work with State and local

governments in border regions

(including requests for information

about funding distribution) to assist

them with planning. This will be a twopart study. The States have asked for the

expansion of this study to include other

international ports of entry. This will be

the second study conducted by the

FHWA.

DATES: Comments must be received on

or before April 1, 1995, for inclusion in

part one of the report to the Congress on

international border crossing ports of

entry; on or before July 31, 1995, for the

second part of the border crossing

report; and by September 1, 1995, for a

subsequent report which will cover

other maritime, rail, air, and intermodal

international ports of entry. This docket

will remain open indefinitely to accept

comments on the reports after they are

issued.

ADDRESSES: Submit written, signed

comments to the FHWA Docket No. 95–

4, Federal Highway Administration,

Room 4232, HCC–10, Office of the Chief

Counsel, 400 Seventh Street, SW.,

Washington DC 20590. Interested

parties are requested to identify

themselves for inclusion on a mailing

list for future notifications concerning

the study by providing their names and

mailing addresses to the above docket.

All comments received will be available

for examination at the above address

between 8:30 a.m. and 3:30 p.m., e.t.,

Monday through Friday, except Federal

holidays. Those desiring notification of

receipt of comments must include a selfaddressed, stamped envelope or

postcard.

FOR FURTHER INFORMATION CONTACT: Ms.

Esther Strawder, Office of Policy

Development, Federal Highway

Administration (HPP–22), 400 Seventh

Street, SW., Washington, D.C. 20590,

Attention: Highway Investment Study

(telephone 202/366–6949, fax 202/366–

3297).

SUPPLEMENTARY INFORMATION:

Background

The conference report (H.R. Conf.

Rep. No. 752, 103d Cong., 2d Sess.

(1994)) of the Department of

Transportation’s Appropriations Act for

Fiscal Year 1995 (Pub. L. 103–331, 108

Stat. 2471) includes a discussion of and

requirements related to infrastructure

issues of the border regions.

The congressional report references

an earlier report prepared by the FHWA

and submitted by the Secretary of

Transportation to the Congress in

January 1994, in accordance with

section 1089, Feasibility of International

Border Highway Infrastructure

Discretionary Program, and section

6015, Border Crossings, of the ISTEA.

The report is entitled ‘‘Assessment of

Border Crossings and Transportation