Federal Register / Vol. 60, No. 47 / Friday, March 10, 1995 / Notices 13191

the Committee. Notice of this meeting is

required under the Federal Advisory

Committee Act.

DATES AND PLACE: March 27 and 28,

1995. The White House Conference

Center, Truman Room, Third Floor, 726

Jackson Place NW, Washington, DC

20500.

TYPE OF MEETING: Open, with one closed

session.

PROPOSED SCHEDULE AND AGENDA: The

President’s Committee of Advisors on

Science and Technology (PCAST) will

meet in open session on Monday, March

27, 1995, at approximately 9:00 AM to

be briefed on current activities of the

Office of Science and Technology Policy

(OSTP) and of the National Science and

Technology Council (NSTC). This

session will end at approximately 12:00

Noon. The Committee will reconvene in

closed session at approximately 1:30 PM

to discuss various aspects of cooperative

efforts between the United States and

the Russian Federation to control and

account for fissile materials. This

session will last approximately 60

minutes, and will be closed to the

public, pursuant to Title 5, U.S. Code,

Section 552b(c)(1). The Committee will

convene in open session at

approximately 2:30 PM, to discuss

various components of the Committee’s

work plan. This session will end at

approximately 6:00 PM. Either of the

morning or afternoon sessions may be

interrupted for the PCAST to gather at

the White House to be introduced to the

President of the United States.

The Committee will meet again in

open session on Tuesday, March 28, at

approximately 9:00 AM to discuss

several activities of the National Science

and Technology Council. This session

will end at approximately 12:00 Noon,

and may be interrupted for the PCAST

to gather at the White House to be

introduced to the President of the

United States.

FOR FURTHER INFORMATION: For

information regarding time, place, and

agenda please call Laurel Kayse or Mike

Kowalok, (202) 456–6100, prior to 3:00

p.m. on Friday, March 24, 1995. Other

questions may be directed to Angela

Phillips Diaz, Executive Secretary of

PCAST, or Mike Kowalok, (202) 456–

6100. Please note that public seating for

this meeting is limited, and is available

on a first-come, first-served basis.

SUPPLEMENTARY INFORMATION: The

President’s Committee of Advisors on

Science and Technology was

established by Executive Order 12882,

as amended, on November 23, 1993. The

purpose of PCAST is to advise the

President on matters of national

importance that have significant science

and technology content, and to assist

the President’s National Science and

Technology Council in securing private

sector participation in its activities. The

Committee members are distinguished

individuals appointed by the President

from non-Federal sectors. The PCAST is

co-chaired by John H. Gibbons,

Assistant to the President for Science

and Technology, and by John Young,

former President and CEO of the

Hewlett-Packard Company.

March 7, 1995.

Barbara Ann Ferguson,

Administrative Officer, Office of Science and

Technology Policy.

[FR Doc. 95–6000 Filed 3–9–95; 8:45 am]

BILLING CODE 3170–01–P

SECURITIES AND EXCHANGE

COMMISSION

Forms Under Review by Office of

Management and Budget

Acting Agency Clearance Officer:

David T. Copenhafer (202) 942–8800.

Upon Written Request, Copy

Available From: Securities and

Exchange Commission, Office of Filings

and Information Services, 450 Fifth

Street, NW. Washington, DC 20549.

Amendments:

Rule 34b–1—File No. 270–305.

Form N–1A—File No. 270–21.

Notice is hereby given that, pursuant

to the Paperwork Reduction Act of 1980,

44 U.S.C. 3501, the Securities and

Exchange Commission (‘‘Commission’’)

has submitted for OMB approval an

amendment to the approval previously

granted by the OMB for amendments to

rule 34b–1 under the Investment

Company Act of 1940 (‘‘Investment

Company Act’’), 15 U.S.C. 80a, and to

Form N–1A under the Investment

Company Act and the Securities Act of

1933, 15 U.S.C. 77a. The purpose of the

amendment is to reflect (i) the reduced

number of burden hours associated with

the amendments to Form N–1A, and (ii)

that the Commission has determined not

to adopt the proposed amendments to

rule 34b–1.

In December 1993, the Commission

proposed for public comment new rule

18f–3 and amendments to certain other

rules and forms, including rule 34b–1

and Form N–1A. In response to

comments received on the proposal, the

Commission determined to revise

certain disclosure requirements that

were proposed as amendments to Form

N–1A and not to adopt rule 34b–1.

Form N–1A is the registration

statement used by open-end

management investment companies

other than small business investment

companies and insurance company

separate accounts. The Form as

amended will require substantially less

disclosure in the prospectuses of

multiple class and master-feeder funds

than under the original proposal. The

average additional burden to registrants

imposed by the amendments to Form

N–1A as amended is estimated to be

approximately 25 minutes per multiple

class or master-feeder fund registrant.

The amendment also notes that the

number of registrants using Form N–1A

has increased to approximately 3,000.

Thus, the total annual burden for Form

N–1A for all registrants would be

3,188,364 hours.

Rule 34b–1 governs the use of

performance information in investment

company sales literature. In connection

with the proposal, it was estimated that

the proposed amendment to rule 34b–1

would impose an average additional

burden of 431 hours per respondent

each year. Because the Commission has

determined not to adopt the proposed

amendments, however, this additional

burden will not be imposed, and the

estimated total burden per respondent

will be 3,444 hours.

Direct general comments to the

Clearance Officer for the Securities and

Exchange Commission at the address

below. Direct any comments concerning

the accuracy of the estimated average

burden hours for compliance with SEC

rules and forms to David T. Copenhafer,

Acting Director, Office of Information

Technology, Securities and Exchange

Commission, 450 Fifth Street, NW.,

Washington, DC 20549, and SEC

Clearance Officer, Office of Management

and Budget, Paperwork Reduction

Project (3235–0307 for Form N–1A and

3235–0346 for rule 34b–1), Room 3208,

New Executive Office Building,

Washington, DC 20543.

Dated: February 27, 1995.

Jonathan G. Katz,

Secretary.

[FR Doc. 95–5862 Filed 3–9–95; 8:45 am]

BILLING CODE 6717–01–M

[Release No. 35–26244]

Filings Under the Public Utility Holding

Company Act of 1935, as Amended

(‘‘Act’’)

March 3, 1995.

Notice is hereby given that the

following filing(s) has/have been made

with the Commission pursuant to

provisions of the Act and rules

promulgated thereunder. All interested

persons are referred to the application(s)

and/or declaration(s) for complete