Federal Register / Vol. 79, No. 195 / Wednesday, October 8, 2014 / Notices 60871 

Guidance on the Alternate Pressurized 

Thermal Shock Rule.’’ The 

Subcommittee will hear presentations 

by and hold discussions with 

representatives of the NRC staff and 

other interested persons regarding this 

matter. The Subcommittee will gather 

information, analyze relevant issues and 

facts, and formulate proposed positions 

and actions, as appropriate, for 

deliberation by the Full Committee. 

Members of the public desiring to 

provide oral statements and/or written 

comments should notify the Designated 

Federal Official (DFO), Christopher 

Brown (Telephone 301–415–7111 or 

Email: Christopher.Brown@nrc.gov) five 

days prior to the meeting, if possible, so 

that appropriate arrangements can be 

made. Thirty-five hard copies of each 

presentation or handout should be 

provided to the DFO thirty minutes 

before the meeting. In addition, one 

electronic copy of each presentation 

should be emailed to the DFO one day 

before the meeting. If an electronic copy 

cannot be provided within this 

timeframe, presenters should provide 

the DFO with a CD containing each 

presentation at least thirty minutes 

before the meeting. Electronic 

recordings will be permitted only 

during those portions of the meeting 

that are open to the public. Detailed 

procedures for the conduct of and 

participation in ACRS meetings were 

published in the Federal Register on 

November 8, 2013 (78 FR 67205–67206). 

Detailed meeting agendas and meeting 

transcripts are available on the NRC 

Web site at http://www.nrc.gov/readingrm/doc-collections/acrs. Information 

regarding topics to be discussed, 

changes to the agenda, whether the 

meeting has been canceled or 

rescheduled, and the time allotted to 

present oral statements can be obtained 

from the Web site cited above or by 

contacting the identified DFO. 

Moreover, in view of the possibility that 

the schedule for ACRS meetings may be 

adjusted by the Chairman as necessary 

to facilitate the conduct of the meeting, 

persons planning to attend should check 

with these references if such 

rescheduling would result in a major 

inconvenience. 

If attending this meeting, please enter 

through the One White Flint North 

building, 11555 Rockville Pike, 

Rockville, MD. After registering with 

security, please contact Mr. Theron 

Brown (Telephone 240–888–9835) to be 

escorted to the meeting room. 

Dated: September 30, 2014. 

Cayetano Santos, 

Chief, Technical Support Branch, Advisory 

Committee on Reactor Safeguards. 

[FR Doc. 2014–24047 Filed 10–7–14; 8:45 am] 

BILLING CODE 7590–01–P 

NUCLEAR REGULATORY 

COMMISSION 

[NRC–2014–0001] 

Sunshine Act Meetings 

DATE: Week of October 6, 2014. 

PLACE: Commissioners’ Conference 

Room, 11555 Rockville Pike, Rockville, 

Maryland. 

STATUS: Public and Closed. 

Week of October 6, 2014 

Tuesday, October 7, 2014 

8:55 a.m. Affirmation Session (Public 

Meeting) (Tentative) 

Petitions to Suspend Reactor 

Licensing Decisions and Reactor 

License Renewal Decisions Pending 

Issuance of ‘‘Waste Confidence’’ 

Safety Findings (Tentative) 

This meeting will be webcast live at 

the Web address—http://www.nrc.gov/. 

* * * * * 

The schedule for Commission 

meetings is subject to change on short 

notice. For more information or to verify 

the status of meetings, contact Rochelle 

Bavol at (301) 415–1651 or via email at 

Rochelle.Bavol@nrc.gov . 

* * * * * 

Additional Information 

By a vote of 3–0 on October 6, 2014, 

the Commission determined pursuant to 

U.S.C. 552b(e) and § 9.107(a) of the 

Commission’s rules that the above 

referenced Affirmation Session be held 

with less than one week notice to the 

public. The meeting is scheduled on 

October 7, 2014. 

* * * * * 

The NRC Commission Meeting 

Schedule can be found on the Internet 

at: http://www.nrc.gov/public-involve/

public-meetings/schedule.html. 

* * * * * 

The NRC provides reasonable 

accommodation to individuals with 

disabilities where appropriate. If you 

need a reasonable accommodation to 

participate in these public meetings, or 

need this meeting notice or the 

transcript or other information from the 

public meetings in another format (e.g. 

braille, large print), please notify 

Kimberly Meyer, NRC Disability 

Program Manager, at 301–287–0727, by 

videophone at 240–428–3217, or by 

email at Kimberly.Meyer-Chambers@

nrc.gov. Determinations on requests for 

reasonable accommodation will be 

made on a case-by-case basis. 

* * * * * 

Members of the public may request to 

receive this information electronically. 

If you would like to be added to the 

distribution, please contact the Office of 

the Secretary, Washington, DC 20555 

(301–415–1969), or send an email to 

Patricia.Jimenez@nrc.gov or 

Brenda.Akstulewicz@nrc.gov. 

Dated: October 6, 2014. 

Rochelle C. Bavol, 

Policy Coordinator, Office of the Secretary. 

[FR Doc. 2014–24179 Filed 10–6–14; 4:15 pm] 

BILLING CODE 7590–01–P 

POSTAL REGULATORY COMMISSION 

[Docket Nos. CP2015–1; Order No. 2204] 

New Postal Product 

AGENCY: Postal Regulatory Commission. 

ACTION: Notice. 

SUMMARY: The Commission is noticing a 

recent Postal Service filing concerning 

Bilateral Agreement with Royal Mail 

Group, Ltd. negotiated service 

agreement. This notice informs the 

public of the filing, invites public 

comment, and takes other 

administrative steps. 

DATES: Comments are due: October 9, 

2014. 

ADDRESSES: Submit comments 

electronically via the Commission’s 

Filing Online system at http://

www.prc.gov. Those who cannot submit 

comments electronically should contact 

the person identified in the FOR FURTHER

INFORMATION CONTACT section by 

telephone for advice on filing 

alternatives. 

FOR FURTHER INFORMATION CONTACT: 

David A. Trissell, General Counsel, at 

202–789–6820. 

SUPPLEMENTARY INFORMATION: 

Table of Contents 

I. Introduction 

II. Notice of Commission Action 

III. Ordering Paragraphs 

I. Introduction 

On October 1, 2014, the Postal Service 

filed notice, pursuant to 39 CFR 3015.5 

and Order No. 546, informing the 

Commission that it has entered into a 

bilateral agreement with Royal Mail 


asabaliauskas on DSK5VPTVN1PROD with NOTICES
60872 Federal Register / Vol. 79, No. 195 / Wednesday, October 8, 2014 / Notices 

1United States Postal Service Notice of Filing 

Functionally Equivalent Agreement with Royal 

Mail Group, Ltd., October 1, 2014 (Notice). 

1 15 U.S.C. 80a. 

2Section 4(3) of the Act (15 U.S.C. 80a–4(3)) 

defines ‘‘management company’’ as ‘‘any 

investment company other than a face amount 

certificate company or a unit investment trust.’’ 

3This estimate is based on statistics compiled by 

Commission staff as of May 31, 2014. The number 

of management investment company portfolios that 

make distributions for which compliance with rule 

19a–1 is required depends on a wide range of 

factors and can vary greatly across years. Therefore, 

the calculation of estimated burden hours is based 

on the total number of management investment 

company portfolios, each of which may be subject 

to rule 19a–1. 

4A few portfolios make monthly distributions 

from sources other than net income, so the rule 

requires them to send out a statement 12 times a 

year. Other portfolios never make such 

distributions. 

5This estimate is based on the following 

calculation: 11,066 management investment 

company portfolios × 2 statements per year × 1 hour 

per statement = 22,132 burden hours. 

6Hourly rates are derived from the Securities 

Industry and Financial Markets Association 

(‘‘SIFMA’’), Management and Professional Earnings 

in the Securities Industry 2013, modified to account 

for an 1800-hour work-year and multiplied by 5.35 

to account for bonuses, firm size, employee 

benefits, and overhead. 

7Hourly rates are derived from SIFMA’s Office 

Salaries in the Securities Industry 2013, modified 

to account for an 1800-hour work-year and 

multiplied by 2.93 to account for bonuses, firm size, 

employee benefits and overhead. 

Group, Ltd. (Agreement).1 The Postal 

Service seeks to include the portion of 

the Agreement pertaining to returns 

from the United States to the United 

Kingdom within the larger grouping of 

Inbound Competitive Multi-Service 

Agreement with a Foreign Postal 

Operators product. Id. at 1. 

To support its Notice, the Postal 

Service filed a copy of the Agreement, 

a copy of the Governors’ Decision 

authorizing the product, a certification 

of compliance with 39 U.S.C. 3633(a), 

and an application for non-public 

treatment of certain materials. It also 

filed supporting financial workpapers. 

II. Notice of Commission Action 

The Commission establishes Docket 

No. CP2015–1 for consideration of 

matters raised by the Notice. 

The Commission invites comments on 

whether the Postal Service’s filing is 

consistent with 39 U.S.C. 3632, 3633, or 

3642, 39 CFR part 3015, and 39 CFR 

part 3020, subpart B. Comments are due 

no later than October 9, 2014. The 

public portions of the filing can be 

accessed via the Commission’s Web site 

(http://www.prc.gov). 

The Commission appoints Lyudmila 

Y. Bzhilyanskaya to serve as Public 

Representative in this docket. 

III. Ordering Paragraphs 

It is ordered: 

1. The Commission establishes Docket 

No. CP2015–1 to consider matters raised 

by the Postal Service’s Notice. 

2. Pursuant to 39 U.S.C. 505, 

Lyudmila Y. Bzhilyanskaya is appointed 

to serve as officer of the Commission 

(Public Representative) to represent the 

interests of the general public. 

3. Comments by interested persons in 

this proceeding are due no later than 

October 9, 2014. 

4. The Secretary shall arrange for 

publication of this order in the Federal 

Register. 

By the Commission. 

Ruth Ann Abrams, 

Acting Secretary. 

[FR Doc. 2014–23987 Filed 10–7–14; 8:45 am] 

BILLING CODE 7710–FW–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Submission for OMB Review; 

Comment Request 

Upon Written Request, Copies Available 

From: Securities and Exchange 

Commission, Office of FOIA Services, 

100 F Street, NE., Washington, DC 

20549–2736. 

Extension: Rule 19a–1. 

OMB Control No. 3235–0216, SEC File No. 

270–240. 

Notice is hereby given that, pursuant 

to the Paperwork Reduction Act of 1995 

(44 U.S.C. 3501–3520), the Securities 

and Exchange Commission (the 

‘‘Commission’’) has submitted to the 

Office of Management and Budget a 

request for extension of the previously 

approved collection of information 

discussed below. 

Section 19(a) (15 U.S.C. 80a–19(a)) of 

the Investment Company Act of 1940 

(the ‘‘Act’’) 1 makes it unlawful for any 

registered investment company to pay 

any dividend or similar distribution 

from any source other than the 

company’s net income, unless the 

payment is accompanied by a written 

statement to the company’s 

shareholders which adequately 

discloses the sources of the payment. 

Section 19(a) authorizes the 

Commission to prescribe the form of 

such statement by rule. 

Rule 19a–1 (17 CFR 270.19a–1) under 

the Act, entitled ‘‘Written Statement to 

Accompany Dividend Payments by 

Management Companies,’’ sets forth 

specific requirements for the 

information that must be included in 

statements made pursuant to section 

19(a) by or on behalf of management 

companies.2 The rule requires that the 

statement indicate what portions of 

distribution payments are made from 

net income, net profits from the sale of 

a security or other property (‘‘capital 

gains’’) and paid-in capital. When any 

part of the payment is made from capital 

gains, rule 19a–1 also requires that the 

statement disclose certain other 

information relating to the appreciation 

or depreciation of portfolio securities. If 

an estimated portion is subsequently 

determined to be significantly 

inaccurate, a correction must be made 

on a statement made pursuant to section 

19(a) or in the first report to 

shareholders following the discovery of 

the inaccuracy. 

The purpose of rule 19a–1 is to afford 

fund shareholders adequate disclosure 

of the sources from which distribution 

payments are made. The rule is 

intended to prevent shareholders from 

confusing income dividends with 

distributions made from capital sources. 

Absent rule 19a–1, shareholders might 

receive a false impression of fund gains. 

Based on a review of filings made 

with the Commission, the staff estimates 

that approximately 11,066 series of 

registered investment companies that 

are management companies may be 

subject to rule 19a–1 each year,3 and 

that each portfolio on average mails two 

statements per year to meet the 

requirements of the rule.4 The staff 

further estimates that the time needed to 

make the determinations required by the 

rule and to prepare the statement 

required under the rule is 

approximately 1 hour per statement. 

The total annual burden for all 

portfolios therefore is estimated to be 

approximately 22,132 burden hours.5

The staff estimates that approximately 

one-third of the total annual burden 

(7,377 hours) would be incurred by a 

paralegal with an average hourly wage 

rate of approximately $199 per hour,6

and approximately two-thirds of the 

annual burden (14,755 hours) would be 

incurred by a compliance clerk with an 

average hourly wage rate of $64 per 

hour.7 The staff therefore estimates that 

the aggregate annual cost of complying 

with the paperwork requirements of the 

rule is approximately $2,412,343 ((7,377 

hours × $199 = $1,468,023) + (14,755 

hours × $64 = $944,320)). 

To comply with state law, many 

investment companies already must 

distinguish the different sources from 

which a shareholder distribution is paid 

and disclose that information to 

shareholders. Thus, many investment 

companies would be required to 

distinguish the sources of shareholder 


asabaliauskas on DSK5VPTVN1PROD with NOTICES