Federal Register / Vol. 60, No. 7 / Wednesday, January 11, 1995 / Notices 2805

the investment company, and if the

investment adviser or a controlling

person of the investment adviser does

not directly or indirectly receive money

or other benefit in connection with the

assignment. Because General Electric

will receive a benefit in connection with

the assignment of the contracts,

applicants may not rely on rule 15a-4.

4. Applicant’s believe that the

requested relief will allow the Funds to

continue to operate on an orderly basis

until the shareholders have the

opportunity to consider new investment

advisory agreements. The 120 day

Interim Period will facilitate the orderly

and reasonable consideration of the new

agreements.

5. Section 6(c) of the Act provides that

the SEC may exempt any person,

security, or transaction from any

provision of the Act, if and to the extent

that such exemption is necessary or

appropriate in the public interest and

consistent with the protection of

investors and the purposes fairly

intended by the policy and provisions of

the Act. Applicants believe that the

requested relief meets this standard.

Applicants’ Conditions

Applicants agree as conditions to the

requested exemptive relief that:

1. The Interim Agreements will have

the same terms and conditions as the

Prior Agreements.

2. Fees earned by the Mitchell

Hutchins and the Subadvisers and paid

by a Fund during the Interim Period in

accordance with the Interim Agreements

will be maintained in an interestbearing escrow account, and amounts in

such account (including interests earned

on such paid fees) will be paid to

Mitchell Hutchins and the Subadvisers

only upon approval of the Fund

shareholders or, in the absence of such

approval, to the respective Funds.

3. The Funds will hold meetings of

shareholders to vote on approval of new

investment advisory or sub-advisory

agreements, as the case may be, on or

before the 120th day following the

termination of the Prior Agreements.

4. General Electric or a subsidiary

thereof, and PWI or a subsidiary thereof,

will share equally the cost of preparing

and filing this application. General

Electric or a subsidiary thereof will pay

the costs relating to the solicitation of

the approvals of the Funds’

shareholders of the Interim Agreements

necessitated by the Transaction.

5. Mitchell Hutchins and the

Subadvisers will take all appropriate

actions to ensure that the scope and

quality of advisory and other services

provided to the Funds under the Interim

Agreements will be at least equivalent,

in the judgment of the respective

Boards, including a majority of the

Independent Directors, to the scope and

quality of services previously provided.

In the event of any material change in

personnel providing services under the

Interim Agreements, Mitchell Hutchins

and the Subadvisers will apprise and

consult the Boards of the affected Funds

to assure that such Boards, including a

majority of the Independent Directors,

are satisfied that the services provided

by Mitchell Hutchins and the

Subadvisers will not be diminished in

scope or quality.

For the SEC, by the Division of Investment

Management, under delegated authority.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 95–606 Filed 1–10–95; 8:45 am]

BILLING CODE 8010–01–M

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

[Docket No. 27649]

Supplemental Draft Environmental

Impact Statement (SDEIS); Effects of

Changes of Aircraft Flight Patterns

Over the State of New Jersey;

Comment Period Extension and Public

Hearing

AGENCY: Federal Aviation

Administration (FAA), DOT.

ACTION: Notice of comment period

extension and public hearing.

SUMMARY: On September 30, 1994, the

FAA issued a Supplement to the Draft

Environmental Impact Statement (DEIS)

to afford the public an opportunity to

review and comment on (1) a proposed

mitigation measure, (2) analysis on the

proposal by the New Jersey Coalition

Against Aircraft Noise (NJCAAN) to

route aircraft departing Newark

International Airport over the ocean

twenty-four hours a day, and (3) other

new and updated information

developed in response to comments on

the DEIS.

In response to requests from Federal

State and local elected officials, FAA

reopened the comment period on the

SDEIS. On December 12, 1994, an

additional 60 days was added extending

the comment period through February 9,

1995.

In response to further requests, FAA

is again extending the comment period

through February 23, 1995.

Additionally, a public hearing will be

held in Toms River, New Jersey.

This additional hearing will facilitate

comments by citizens potentially

affected by the NJCAAN proposal, as

described in the analysis contained in

the SDEIS.

COMMENT PERIOD: The comment period

is extended until February 23, 1995. The

public hearing in Toms River will be

held:

Date Time/location

February

14.

1:00–4:00 pm, 7:00–10:00 pm,

Holiday Inn, route 37 East,

Toms River, NJ 08753.

Registration of speakers will begin

approximately 1⁄2 hour before the start of

each session. The afternoon and evening

session will begin at 1 PM and 7 PM,

respectively, and will continue until all

scheduled speakers have testified or

until 4 PM and 10 PM, respectively. All

persons wishing to make oral

presentations at the public hearing are

strongly urged to provide a written copy

of their statement at the hearing or at the

FAA address provided in the paragraph

below.

ADDRESSES: Written comments, in

triplicate, must be received at the

following address by February 23, 1955:

Federal Aviation Administration, Office

of the Chief Counsel: Docket Number

27649, 800 Independence Avenue S.W.,

Washington, DC 20591.

The FAA will consider and respond

to all comments directly related to the

scope of the SDEIA. The geographic

scope delineated by Congress for the EIS

is the environmental effects of the

Expanded East coast Plan over the State

of New Jersey and adjacent coastal

waters. Please note, however, that the

most useful comments are those which

provide facts and analyses to support

the reviewer’s recommendations or

conclusions on specific topics contained

in the document. The FAA will consider

comments received after the close of the

comment period to the extent practical.

The FAA will issue a final EIS that

will include corrections, clarifications

and responses to comments on the

SDEIS.

Issued in Washington, DC, on January 6,

1995.

John D. Canoles,

Acting Deputy Associate Administrator for

Air Traffic.

[FR Doc. 95–682 Filed 1–6–95; 8:45 am]

BILLING CODE 4910–13–M

Aviation Rulemaking Advisory

Committee Meetings

AGENCY: Federal Aviation

Administration (FAA), DOT.

ACTION: Notice of meetings.
2806 Federal Register / Vol. 60, No. 7 / Wednesday, January 11, 1995 / Notices

SUMMARY: This notice announces two

meetings to solicit information from the

aviation maintenance community

concerning maintenance, preventive

maintenance, rebuilding and alteration,

and inspection of certain aircraft. The

information is requested to assist the

Aviation Rulemaking Advisory

Committee (ARAC) in its deliberations.

DATES: The meetings will be held on

January 26, 1995, beginning at 5:30 p.m.

and January 27, 1995, at 6:30 p.m.

ADDRESSES: The January 26, 1995,

meeting will be held at the Museum of

Flight, Boeing Field, Seattle,

Washington. The January 27, 1995,

meeting will be held at the Civil

Engineering Auditorium, 161st Air

Refueling Group, Sky Harbor

International Airport, Phoenix, Arizona.

FOR FURTHER INFORMATION CONTACT: Ms.

Christine Leonard, Professional

Aviation Maintenance Association, 1008

Russell Lane, West Chester, PA 19382;

telephone (610) 399–1744.

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 hereby

given of two meetings to solicit

information from the aviation

maintenance community concerning

maintenance, preventive maintenance,

rebuilding and alteration, and

inspection of certain aircraft. The

information is requested to assist the

Aviation Rulemaking Advisory

Committee in its deliberations with

regard to a task assigned to ARAC by the

Federal Aviation Administration.

Specifically, the task is as follows:

Review Title 14 Code of Federal

Regulations, parts 43 and 91, and

supporting policy and guidance material

for the purpose of determining the

course of action to be taken for

rulemaking and/or policy relative to the

issue of general aviation aircraft

inspection and maintenance,

specifically section 91.409, part 43, and

Appendices A and D of part 43. In your

review, consider any inspection and

maintenance initiatives underway

throughout the aviation industry

affecting general aviation with a

maximum certificated takeoff weight of

12,500 pounds or less. Also consider

ongoing initiatives in the areas of:

Maintenance recordkeeping; research

and development; the age of the current

aircraft fleet; harmonization; the true

cost of inspection versus maintenance;

and changes in technology.

Attendance is open to the interested

public but may be limited to the space

available. In addition, sign and oral

interpretation can be made available at

the meetings, as well as an assistive

listening device, if requested 10

calendar days before the meetings are

held. Arrangements may be made by

contacting the meeting coordinator

listed under the heading FOR FURTHER

INFORMATION CONTACT.

Issued in Washington, DC, on January 6,

1995.

Frederick J. Leonelli,

Assistant Executive Director, Air Carrier/

General Aviation Maintenance Issues,

Aviation Rulemaking Advisory Committee.

[FR Doc. 95–665 Filed 1–10–95; 8:45 am]

BILLING CODE 4910–13–M

Aviation Rulemaking Advisory

Committee Meeting

AGENCY: Federal Aviation

Administration (FAA), DOT.

ACTION: Notice of meeting.

SUMMARY: The FAA is issuing this notice

to advise the public of a meeting of the

Aviation Rulemaking Advisory

Committee to discuss air carrier/general

avaiation maintenance issues.

DATES: The meeting will be held on

February 7, 1995, at 8:30 a.m. and

should adjourn by 3:00 p.m. Arrange for

oral presentations by January 25, 1995.

ADDRESSES: The meeting will be held at

the Air Transport Association of

America, 1301 Pennsylvania Avenue,

NW., Suite 1100, Washington, DC, at

8:30 a.m.

FOR FURTHER INFORMATION CONTACT: Ms.

Barbara Herber, Meeting Coordinator,

800 Independence Avenue, SW.,

Washington, DC 20591, telephone (202)

267–3498; fax number (202) 267–5075.

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 hereby

given of a meeting of the Aviation

Rulemaking Advisory Committee to

consider air carrier/general aviation

maintenance issues. The meeting will be

held on February 7, 1995, at Air

Transport Association of America, 1301

Pennsylvania Avenue, NW., Suite 1100,

Washington, DC, at 8:30 a.m. The

agenda will include:

• Report on the status of the Part 65

Phase II Working Group.

• Report on the status of the

Maintenance Recordkeeping Working

Group (draft NPRM and advisory

materials).

• Report on the status of the Major/

Minor Working Group.

• Possible presentation of a

completed recommendation from the

Parts Approval Action Team Phase III

Working Group.

• Report on the status of the General

Aviation Maintenance Working Group.

• Report on the status of the

International Airworthiness

Communications Working Group;

possible presentation of a revised draft

recommendation for approval.

• Status of ARAC recommendations

being processed by the FAA.

• Discussion of future activities and

other business.

Attendance is open to the interested

public but may be limited to the space

available. The public must make

arrangements on or before January 25,

1995, to present oral statements at the

meeting. The public may present

written statements at any time by

providing 35 copies to the Assistant

Chair or by presenting the copies to him

at the meeting. In addition, sign and oral

interpretation can be made available at

the meeting, as well as an assistive

listening device, if requested 10

calendar days before the meeting.

Arrangements may be made by

contacting the meeting coordinator

listed under the heading FOR FURTHER

INFORMATION CONTACT.

Issued in Washington, DC, on January 5,

1995.

Frederick J. Leonelli,

Assistant Executive Director for Air Carrier/

General Aviation Maintenance Issues,

Aviation Rulemaking Advisory Committee.

[FR Doc. 95–666 Filed 1–10–95; 8:45 am]

BILLING CODE 4910–13–M

Aviation Rulemaking Advisory

Committee Meeting on General

Aviation and Business Airplane Issues

AGENCY: Federal Aviation

Administration (FAA), DOT.

ACTION: Notice of meeting.

SUMMARY: The FAA is issuing this notice

to advise the public of a meeting of the

Federal Aviation Administration’s

Aviation Rulemaking Advisory

Committee to discuss general aviation

and business airplane issues.

DATES: The meeting will be held on

February 6, 1995, at 1:30 p.m. Arrange

for oral presentations by January 30,

1995.

ADDRESSES: The meeting will be held at

the General Aviation Manufacturers

Association headquarters, Suite 801,

1400 K Street NW., Washington, DC

20005.

FOR FURTHER INFORMATION CONTACT:

Carolina Forrester, Office of

Rulemaking, FAA, 800 Independence

Avenue, SW. Washington, DC 20591,

telephone (202) 267–9690.

SUPPLEMENTARY INFORMATION: Pursuant

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

Advisory Committee Act (Pub. L. 92–