Federal Register / Vol. 66, No. 246 / Friday, December 21, 2001 / Rules and Regulations 65827

Aggregate limitation Per-issuer limitation

(1) General obligations ............................................................................ None .............................................. None.

(2) Other obligations of a governmental entity (e.g., revenue bonds)

that hold one of the four highest investment grade ratings by a nationally recognized rating agency or that are nonrated but of investment quality.

None .............................................. 10% of total capital.

(3) Obligations of a governmental entity that do not qualify under any

other paragraph but are approved by your Regional Director.

As approved by your Regional Director10% of total capital.

(b) What is a political subdivision?

Political subdivision means a county,

city, town, or other municipal

corporation, a public authority, or a

publicly-owned entity that is an

instrumentality of a state or a municipal

corporation.

(c) What is a general obligation of a

state or political subdivision? A general

obligation is an obligation that is

guaranteed by the full faith and credit

of a state or political subdivision that

has the power to tax. Indirect payments,

such as through a special fund, may

qualify as general obligations if a state

or political subdivision with taxing

authority has unconditionally agreed to

provide funds to cover payments.

(d) What is appropriate underwriting

for this type of investment? In the case

of a security rated in one of the four

highest investment grades by a

nationally recognized rating agency,

your assessment of the obligor’s credit

quality may be based, in part, on

reliable rating agency estimates of the

obligor’s performance. For all other

securities, you must perform your own

detailed analysis of credit quality. In

doing so, you must consider, as

appropriate, the interest rate, credit,

liquidity, price, transaction, and other

risks associated with the investment

activity and determine that such

investment is appropriate for your

institution. You must also determine

that the obligor has adequate resources

and willingness to provide for all

required payments on its obligations in

a timely manner.

Dated: December 11, 2001.

By the Office of Thrift Supervision.

James E. Gilleran,

Director.

[FR Doc. 01–31052 Filed 12–20–01; 8:45 am]

BILLING CODE 6720–01–P

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 39

[Docket No. 99–SW–78–AD; Amendment

39–12560; AD 2001–25–07]

RIN 2120–AA64

Airworthiness Directives; Eurocopter

France Model AS 332C, L, L1, and L2

Helicopters

AGENCY: Federal Aviation

Administration, DOT.

ACTION: Final rule.

SUMMARY: This amendment supersedes

an existing airworthiness directive (AD)

that applies to Eurocopter France Model

AS 332C, L, L1, and L2 helicopters. That

AD requires conducting a filter clogging

warning test, and, if necessary,

replacing a jammed valve with an

airworthy valve. This amendment

requires the same actions as the existing

AD but references a revision to the

previously referenced service

information; adds fuel filter part

numbers to the applicability; and

clarifies other provisions throughout the

AD. This amendment is prompted by

jammed fuel filter by-pass valves. The

actions specified by this AD are

intended to prevent power loss due to

fuel starvation, engine flameouts, and a

subsequent forced landing.

DATES: Effective January 25, 2002.

The incorporation by reference of

certain publications listed in the

regulations is approved by the Director

of the Federal Register as of January 25,

2002.

ADDRESSES: The service information

referenced in this AD may be obtained

from American Eurocopter Corporation,

2701 Forum Drive, Grand Prairie, Texas

75053–4005, telephone (972) 641–3460,

fax (972) 641–3527. This information

may be examined at the FAA, Office of

the Regional Counsel, Southwest

Region, 2601 Meacham Blvd., Room

663, Fort Worth, Texas; or at the Office

of the Federal Register, 800 North

Capitol Street, NW., suite 700,

Washington, DC.

FOR FURTHER INFORMATION CONTACT: Paul

Madej, Aviation Safety Engineer, FAA,

Rotorcraft Directorate, Rotorcraft

Standards Staff, Fort Worth, Texas

76193–0110, telephone (817) 222–5125,

fax (817) 222–5961.

SUPPLEMENTARY INFORMATION: A

proposal to amend 14 CFR part 39 by

superseding AD 99–13–02, Amendment

39–11195 (64 FR 32399, June 17, 1999),

which applies to Eurocopter France

Model AS 332C, L, L1, and L2

helicopters, was published in the

Federal Register on April 14, 2000 (65

FR 20104). That action proposed to

require the same actions as AD 99–13–

02 but would have added another fuel

filter part number to the applicability.

After issuing that notice of proposed

rulemaking (NPRM), Eurocopter France

issued Alert Service Bulletin No.

01.00.56, dated January 16, 2001 (ASB),

which changed the compliance and

operational procedures and added a part

number to the affected fuel filters. The

Direction Generale De L’Aviation Civile,

which is the airworthiness authority for

France, classified that ASB as

mandatory and issued AD Nos. 1998–

318–071(A)R6 and 1998–319–012(A)R6,

both dated April 18, 2001, to ensure the

continued airworthiness of these

helicopters in France. The FAA

determined that the actions and all the

fuel filter part numbers specified in the

SB should be included in the proposal.

Because the changes expanded the

scope of the originally proposed rule,

the FAA determined that it was

necessary to reopen the comment period

to provide additional opportunity for

public comment and issued a

supplemental NPRM on August 17,

2001 (66 FR 45651, August 29, 2001).

Interested persons have been afforded

an opportunity to participate in the

making of this amendment. No

comments were received on the

proposal or the FAA’s determination of

the cost to the public. The FAA has

determined that air safety and the

public interest require the adoption of

the rule as proposed except for a minor

editorial change in Note 2 of the AD.

The word ‘‘bulletin’’ is inserted to

reference the applicable service

information. This change neither

increases the economic burden on any

operator nor increases the scope of the

AD.

65828 Federal Register / Vol. 66, No. 246 / Friday, December 21, 2001 / Rules and Regulations

The FAA estimates that one

helicopter of U.S. registry will be

affected by this AD, that it will take

approximately 3 work hours per

helicopter to accomplish the required

actions, and that the average labor rate

is $60 per work hour. Based on these

figures, the total cost impact of the AD

on U.S. operators is estimated to be

$180, assuming no valve needs to be

replaced.

The regulations adopted herein will

not have a substantial direct effect on

the States, on the relationship between

the national Government and the States,

or on the distribution of power and

responsibilities among the various

levels of government. Therefore, it is

determined that this final rule does not

have federalism implications under

Executive Order 13132.

For the reasons discussed above, I

certify that this action (1) is not a

‘‘significant regulatory action’’ under

Executive Order 12866; (2) is not a

‘‘significant rule’’ under DOT

Regulatory Policies and Procedures (44

FR 11034, February 26, 1979); and (3)

will not have a significant economic

impact, positive or negative, on a

substantial number of small entities

under the criteria of the Regulatory

Flexibility Act. A final evaluation has

been prepared for this action and it is

contained in the Rules Docket. A copy

of it may be obtained from the Rules

Docket at the location provided under

the caption ADDRESSES.

List of Subjects in 14 CFR Part 39

Air transportation, Aircraft, Aviation

safety, Incorporation by reference,

Safety.

Adoption of the Amendment

Accordingly, pursuant to the

authority delegated to me by the

Administrator, the Federal Aviation

Administration amends part 39 of the

Federal Aviation Regulations (14 CFR

part 39) as follows:

PART 39—AIRWORTHINESS

DIRECTIVES

1. The authority citation for part 39

continues to read as follows:

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

§ 39.13 [Amended]

2. Section 39.13 is amended by

removing Amendment 39–11195 (64 FR

32399, June 17, 1999), and by adding a

new airworthiness directive (AD),

Amendment 39–12560, to read as

follows:

2001–25–07 Eurocopter France:

Amendment 39–12560. Docket No. 99–

SW–78–AD. Supersedes AD 99–13–02,

Amendment 39–11195, Docket No. 99–

SW–17–AD.

Applicability: Eurocopter France Model AS

332C, L, L1, and L2 helicopters, with any of

the following part-numbered fuel filters

installed, certificated in any category:

Vendor part no. Eurocopter

France part no.

–4020P25 ......................... (704A44620031)

–4020P25–1 ..................... (704A44620034)

–4020P25–2 ..................... (704A44620035)

–4020P25–3 ..................... (704A44620036)

–4020P25–4 ..................... (704A44620044)

–4020P25–11 ................... (704A44620037)

Note 1: This AD applies to each helicopter

identified in the preceding applicability

provision, regardless of whether it has been

otherwise modified, altered, or repaired in

the area subject to the requirements of this

AD. For helicopters that have been modified,

altered, or repaired so that the performance

of the requirements of this AD is affected, the

owner/operator must request approval for an

alternative method of compliance in

accordance with paragraph (d) of this AD.

The request should include an assessment of

the effect of the modification, alteration, or

repair on the unsafe condition addressed by

this AD; and if the unsafe condition has not

been eliminated, the request should include

specific proposed actions to address it.

Note 2: This AD does not apply to aircraft

modified per Eurocopter MOD 0726087 or in

compliance with Eurocopter AS 332 Service

Bulletin No. 28.00.38, dated March 15, 2001.

Compliance: Required as indicated, unless

accomplished previously.

To prevent power loss due to fuel

starvation, an engine flameout, and a

subsequent forced landing, accomplish the

following:

(a) Within 25 hours time-in-service (TIS),

after any subsequent flight during which

either fuel filter pre-clogging caution light

illuminates, and after each installation of a

new fuel filter assembly or filter element:

(1) Verify that the fuel filter by-pass valve

(valve) correctly closes for each engine fuel

filter in accordance with the

Accomplishment Instructions, paragraph

2.B.1. of Eurocopter France Alert Service

Bulletin Number 01.00.56, Revision 1, dated

March 15, 2001 (ASB).

(2) Conduct a filter pre-clogging warning

test in accordance with paragraph 2.B.2. of

the ASB.

(3) If a blocked fuel filter element (open or

closed) is detected during the pre-clogging

warning test, clean the filter assembly in

accordance with paragraph 2.B.4. of the ASB.

After cleaning the filter assembly, repeat the

requirements of paragraph (a)(2) of this AD.

(4) When the pre-clogging warning test

result is satisfactory, repeat the requirements

of paragraph (a)(1) of this AD.

(b) Within 25 hours TIS, insert a copy of

this AD into the Rotorcraft Flight Manual

(RFM), or make the following pen and ink

addition to the RFM Emergency Procedure

for fuel filter clogged caution light

illumination: ‘‘If both fuel filter clogged

caution lights illuminate, land as soon as

possible.’’

(c) If both filter clogged caution lights

illuminate in flight, after landing, either:

(1) Accomplish the requirements of

paragraphs (a)(1) through (a)(4) of this AD

before further flight, or,

(2) Replace both fuel filter elements with

airworthy fuel filter elements and conduct a

one-time direct flight to a location where the

requirements of paragraphs (a)(1) through

(a)(4) of this AD can be accomplished before

further flight.

(d) An alternative method of compliance or

adjustment of the compliance time that

provides an acceptable level of safety may be

used if approved by the Manager, Regulations

Group, Rotorcraft Directorate, FAA.

Operators shall submit their requests through

an FAA Principal Maintenance Inspector,

who may concur or comment and then send

it to the Manager, Regulations Group.

Note 3: Information concerning the

existence of approved alternative methods of

compliance with this AD, if any, may be

obtained from the Manager, Regulations

Group.

(e) Special flight permits will not be

issued.

(f) The inspections, tests, and cleaning

shall be done in accordance with the

Accomplishment Instructions, paragraphs

2.B.1., 2.B.2., and 2.B.4., of Eurocopter

France Alert Service Bulletin Number

01.00.56 Revision 1, dated March 15, 2001.

This incorporation by reference was

approved by the Director of the Federal

Register in accordance with 5 U.S.C. 552(a)

and 1 CFR part 51. Copies may be obtained

from American Eurocopter Corporation, 2701

Forum Drive, Grand Prairie, Texas 75053–

4005, telephone (972) 641–3460, fax (972)

641–3527. Copies may be inspected at the

FAA, Office of the Regional Counsel,

Southwest Region, 2601 Meacham Blvd.,

Room 663, Fort Worth, Texas; or at the Office

of the Federal Register, 800 North Capitol

Street, NW., suite 700, Washington, DC.

(g) This amendment becomes effective on

January 25, 2002.

Note 4: The subject of this AD is addressed

in Direction Generale De L’Aviation Civile

(France) AD’s 1998–318–071(A)R6 and 1998–

319–012(A)R6, both dated April 18, 2001.

Issued in Fort Worth, Texas, on December

11, 2001.

David A. Downey,

Manager, Rotorcraft Directorate, Aircraft

Certification Service.

[FR Doc. 01–31040 Filed 12–20–01; 8:45 am]

BILLING CODE 4910–13–P