This section of the FEDERAL REGISTER

contains regulatory documents having general

applicability and legal effect, most of which

are keyed to and codified in the Code of

Federal Regulations, which is published under

50 titles pursuant to 44 U.S.C. 1510.

The Code of Federal Regulations is sold by

the Superintendent of Documents. Prices of

new books are listed in the first FEDERAL

REGISTER issue of each week.

Rules and Regulations Federal Register

47817 

Vol. 73, No. 159 

Friday, August 15, 2008 

1For purposes of Regulation CC, the term ‘‘bank’’ 

refers to any depository institution, including 

commercial banks, savings institutions, and credit 

unions. 

2Section 229.18(e) of Regulation CC requires that 

banks notify account holders who are consumers 

within 30 days after implementing a change that 

improves the availability of funds. 

FEDERAL RESERVE SYSTEM 

12 CFR Part 229 

[Regulation CC; Docket No. R–1324] 

Availability of Funds and Collection of 

Checks 

AGENCY: Board of Governors of the 

Federal Reserve System. 

ACTION: Final rule; technical 

amendment. 

SUMMARY: The Board of Governors 

(Board) is amending appendix A of 

Regulation CC to delete the reference to 

the Cincinnati branch office of the 

Federal Reserve Bank of Cleveland and 

to reassign the Federal Reserve routing 

symbols currently listed under that 

office to the head office of the Federal 

Reserve Bank of Cleveland. These 

amendments reflect the restructuring of 

check-processing operations within the 

Federal Reserve System. 

DATES: The final rule will become 

effective on October 18, 2008. 

FOR FURTHER INFORMATION CONTACT: 

Jeffrey S. H. Yeganeh, Financial Services 

Manager (202/728–5801), or Joseph P. 

Baressi, Financial Services Project 

Leader (202/452–3959), Division of 

Reserve Bank Operations and Payment 

Systems; or Sophia H. Allison, Senior 

Counsel (202/452–3565), Legal Division. 

For users of Telecommunications 

Devices for the Deaf (TDD) only, contact 

202/263–4869. 

SUPPLEMENTARY INFORMATION: Regulation 

CC establishes the maximum period a 

depositary bank may wait between 

receiving a deposit and making the 

deposited funds available for 

withdrawal.1 A depositary bank 

generally must provide faster 

availability for funds deposited by a 

‘‘local check’’ than by a ‘‘nonlocal 

check.’’ A check is considered local if it 

is payable by or at or through a bank 

located in the same Federal Reserve 

check-processing region as the 

depositary bank. 

Appendix A to Regulation CC 

contains a routing number guide that 

assists banks in identifying local and 

nonlocal banks and thereby determining 

the maximum permissible hold periods 

for most deposited checks. The 

appendix includes a list of each Federal 

Reserve check-processing office and the 

first four digits of the routing number, 

known as the Federal Reserve routing 

symbol, of each bank that is served by 

that office for check-processing 

purposes. Banks whose Federal Reserve 

routing symbols are grouped under the 

same office are in the same checkprocessing region and thus are local to 

one another. 

On October 18, 2008, the Reserve 

Banks will transfer the check-processing 

operations of the Cincinnati branch 

office of the Federal Reserve Bank of 

Cleveland to the head office of the 

Federal Reserve Bank of Cleveland. As 

a result of this change, some checks that 

are drawn on and deposited at banks 

located in the Cincinnati and Cleveland 

check-processing regions and that 

currently are nonlocal checks will 

become local checks subject to faster 

availability schedules. To assist banks 

in identifying local and nonlocal checks 

and making funds availability decisions, 

the Board is amending the list of routing 

symbols in appendix A associated with 

the Federal Reserve Bank of Cleveland 

to reflect the transfer of checkprocessing operations from the 

Cincinnati branch office to the head 

office of the Federal Reserve Bank of 

Cleveland. To coincide with the 

effective date of the underlying checkprocessing changes, the amendments to 

appendix A are effective October 18, 

2008. The Board is providing notice of 

the amendments at this time to give 

affected banks ample time to make any 

needed processing changes. Early notice 

also will enable affected banks to amend 

their availability schedules and related 

disclosures if necessary and provide 

their customers with notice of these 

changes.2

Administrative Procedure Act 

The Board has not followed the 

provisions of 5 U.S.C. 553(b) relating to 

notice and public participation in 

connection with the adoption of the 

final rule. The revisions to appendix A 

are technical in nature and are required 

by the statutory and regulatory 

definitions of ‘‘check-processing 

region.’’ Because there is no substantive 

change on which to seek public input, 

the Board has determined that the 

§ 553(b) notice and comment procedures 

are unnecessary. In addition, the 

underlying consolidation of Federal 

Reserve Bank check-processing offices 

involves a matter relating to agency 

management, which is exempt from 

notice and comment procedures. 

Paperwork Reduction Act 

In accordance with the Paperwork 

Reduction Act of 1995 (44 U.S.C. 3506; 

5 CFR 1320 Appendix A.1), the Board 

has reviewed the final rule under 

authority delegated to the Board by the 

Office of Management and Budget. The 

technical amendment to appendix A of 

Regulation CC will delete the reference 

to the Cincinnati branch office of the 

Federal Reserve Bank of Cleveland and 

reassign the routing symbols listed 

under that office to the head office of 

the Federal Reserve Bank of Cleveland. 

The depository institutions that are 

located in the affected check-processing 

regions and that include the routing 

numbers in their disclosure statements 

would be required to notify customers 

of the resulting change in availability 

under § 229.18(e). However, all 

paperwork collection procedures 

associated with Regulation CC already 

are in place, and the Board accordingly 

anticipates that no additional burden 

will be imposed as a result of this 

rulemaking. 

List of Subjects in 12 CFR Part 229 

Banks, Banking, Reporting and 

recordkeeping requirements. 

Authority and Issuance 

■ For the reasons set forth in the 

preamble, the Board is amending 12 

CFR part 229 to read as follows: 

PART 229—AVAILABILITY OF FUNDS 

AND COLLECTION OF CHECKS 

(REGULATION CC) 

■ 1. The authority citation for part 229 

continues to read as follows: 


sroberts on PROD1PC70 with PROPOSALS
47818 Federal Register / Vol. 73, No. 159 / Friday, August 15, 2008 / Rules and Regulations 

Authority: 12 U.S.C. 4001–4010, 12 U.S.C. 

5001–5018. 

■ 2. The Fourth District routing symbol 

list in appendix A is revised to read as 

follows: 

Appendix A to Part 229—Routing 

Number Guide to Next-Day Availability 

Checks and Local Checks 

* * * * * 

Fourth Federal Reserve District 

[Federal Reserve Bank of Cleveland] 

Head Office 

0220 2220 

0223 2223 

0410 2410 

0412 2412 

0420 2420 

0421 2421 

0422 2422 

0423 2423 

0430 2430 

0432 2432 

0433 2433 

0434 2434 

0440 2440 

0441 2441 

0442 2442 

0515 2515 

0519 2519 

0720 2720 

0724 2724 

0740 2740 

0749 2749 

0813 2813 

0830 2830 

0839 2839 

0863 2863 

* * * * * 

By order of the Board of Governors of the 

Federal Reserve System, acting through the 

Secretary of the Board under delegated 

authority, August 11, 2008. 

Robert deV. Frierson, 

Deputy Secretary of the Board. 

[FR Doc. E8–18850 Filed 8–14–08; 8:45 am] 

BILLING CODE 6210–01–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 26 

[Docket No. FAA–2004–18379; Amendment 

No. 26–0] 

RIN 2120–AI31 

Enhanced Airworthiness Program for 

Airplane Systems/Fuel Tank Safety 

(EAPAS/FTS); Technical Correction 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Final rule; technical correction. 

SUMMARY: This final rule corrects a 

subpart heading in the Code of Federal 

Regulations. The heading was 

inadvertently misstated when the FAA 

published the rule in November 2007. 

EFFECTIVE DATE: This final rule is 

effective August 15, 2008. 

FOR FURTHER INFORMATION CONTACT: 

Annette K. Kovite, ANM–113, 

Standardization Branch, Federal 

Aviation Administration, 1601 Lind 

Avenue, SW., Renton, WA 98057, 

telephone: 425–227–1262, facsimile: 

425–227–1320, e-mail: 

Annette.Kovite@faa.gov. 

SUPPLEMENTARY INFORMATION: 

Background 

On November 8, 2007, the FAA 

published a final rule to establish part 

26 in the Code of Federal Regulations 

(72 FR 63364). The heading for subpart 

B of that part contained the phrase 

‘‘aging systems’’ instead of the intended 

‘‘airplane systems.’’ This final rule 

corrects that error. 

Justification for Immediate Adoption 

Because this action corrects merely a 

typographical error, the FAA finds that 

notice and public comment under 5 

U.S.C. 553(b) is unnecessary. For the 

same reason, the FAA finds that good 

cause exists under 5 U.S.C. 553(d) for 

making this rule effective upon 

publication. 

List of Subjects in 14 CFR Part 26 

Aircraft, Aviation safety, Continued 

airworthiness. 

■ In consideration of the foregoing, the 

Federal Aviation Administration 

amends Chapter I of Title 14, Code of 

Federal Regulations part 26 as follows: 

PART 26—CONTINUED 

AIRWORTHINESS AND SAFETY 

IMPROVEMENTS FOR TRANSPORT 

CATEGORY AIRPLANES 

■ 1. The authority citation for part 26 

continues to read as follows: 

Authority: 49 U.S.C. 106(g), 40113, 44701, 

44702 and 44704. 

Subpart B—Enhanced Airworthiness 

Program for Airplane Systems 

■ 2. The heading for subpart B is revised 

to read as set forth above. 

Issued in Washington, DC, on August 11, 

2008. 

Pamela Hamilton-Powell, 

Director, Office of Rulemaking, Aviation 

Safety. 

[FR Doc. E8–18859 Filed 8–14–08; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 39 

[Docket No. FAA–2008–0864; Directorate 

Identifier 2008–NM–120–AD; Amendment 

39–15644; AD 2008–17–06] 

RIN 2120–AA64 

Airworthiness Directives; Bombardier 

Model DHC–8–400 Series Airplanes 

AGENCY: Federal Aviation 

Administration (FAA), Department of 

Transportation (DOT). 

ACTION: Final rule; request for 

comments. 

SUMMARY: The FAA is superseding an 

existing airworthiness directive (AD) 

that applies to certain Bombardier 

Model DHC–8–400 series airplanes. The 

existing AD currently requires revising 

the Limitations section of the airplane 

flight manual (AFM) to include 

procedures for pulling the ‘‘HYD PWR 

XFER’’ circuit breaker in the event of 

the loss of all hydraulic fluid in the No. 

1 or No. 2 hydraulic system. This AD 

requires a revision to the AFM to 

include additional procedures for 

ensuring that the ‘‘PTU CNTRL’’ switch 

is Normal, the ‘‘PTU CNTRL ON’’

advisory light is out, and the ‘‘HYD 

PWR XFER’’ circuit breaker is pulled in 

the event of the illumination of the ‘‘#2 

HYD ISO VALVE’’ caution light. This 

AD resulted from low No. 2 hydraulic 

pressure in-flight, which caused the 

power transfer unit to overspeed, and 

the fluid flow within the No. 1 

hydraulic system to increase. We are 

issuing this AD to prevent possible loss 

of both the No. 1 and No. 2 hydraulic 

systems, resulting in the potential loss 

of several functions essential for safe 

flight and landing of the airplane. 

DATES: This AD becomes effective 

September 2, 2008. 

The Director of the Federal Register 

approved the incorporation by reference 

of certain publications listed in the AD 

as of September 2, 2008. 

On July 10, 2007 (72 FR 30968, June 

5, 2007), the Director of the Federal 

Register approved the incorporation by 

reference of certain other publications. 

We must receive any comments on 

this AD by September 15, 2008. 

ADDRESSES: You may send comments by 

any of the following methods: 

• Federal eRulemaking Portal: Go to 

http://www.regulations.gov. Follow the 

instructions for submitting comments. 

• Fax: 202–493–2251. 

• Mail: U.S. Department of 

Transportation, Docket Operations, M–


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