Federal Register / Vol. 66, No. 2 / Wednesday, January 3, 2001 / Rules and Regulations 267

Note 2: When the TR documents have been

incorporated into the latest issue of the

general revisions of the ALD, the general

revisions may be incorporated into the ALS,

provided that the information contained in

the general revisions is identical to that

specified in the TR documents.

(b) Except as provided in paragraph (c) of

this AD: After the actions specified in

paragraph (a) of this AD have been

accomplished, no alternative inspections or

inspection intervals may be approved for the

structural elements specified in the

documents listed in paragraph (a) of this AD.

Alternative Methods of Compliance

(c) 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,

International Branch, ANM–116, FAA,

Transport Airplane Directorate. Operators

shall submit their requests through an

appropriate FAA Principal Maintenance

Inspector, who may add comments and then

send it to the Manager, International Branch,

ANM–116.

Note 3: Information concerning the

existence of approved alternative methods of

compliance with this AD, if any, may be

obtained from the International Branch,

ANM–116.

Special Flight Permits

(d) Special flight permits may be issued in

accordance with §§ 21.197 and 21.199 of the

Federal Aviation Regulations (14 CFR 21.197

and 21.199) to operate the airplane to a

location where the requirements of this AD

can be accomplished.

Effective Date

(e) This amendment becomes effective on

February 7, 2001.

Issued in Renton, Washington, on

December 22, 2000.

John J. Hickey,

Manager, Transport Airplane Directorate,

Aircraft Certification Service.

[FR Doc. 01–31 Filed 1–2–01; 8:45 am]

BILLING CODE 4910–13–U

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 39

[Docket No. 99–NM–249–AD; Amendment

39–12060; AD 2000–26–10]

RIN 2120–AA64

Airworthiness Directives; BAe

Systems (Operations) Limited Model

ATP Airplanes

AGENCY: Federal Aviation

Administration, DOT.

ACTION: Final rule.

SUMMARY: This amendment adopts a

new airworthiness directive (AD),

applicable to all BAe Systems

(Operations) Limited Model ATP

airplanes, that requires revising the

Airworthiness Limitations Section of

the Instructions for Continued

Airworthiness to incorporate life limits

for certain items and inspections to

detect fatigue cracking in certain

structures. This amendment is

prompted by issuance of a revision to

the airworthiness limitations of the

British Aerospace ATP Aircraft

Maintenance Manual, which specifies

new inspections and compliance times

for inspection and replacement action.

The actions specified by this AD are

intended to ensure that fatigue cracking

of certain structural elements is detected

and corrected; such fatigue cracking

could adversely affect the structural

integrity of these airplanes.

DATES: Effective February 7, 2001.

ADDRESSES: The service information

referenced in this AD may be obtained

from British Aerospace Regional

Aircraft American Support, 13850

Mclearen Road, Herndon, Virginia

20171. This information may be

examined at the Federal Aviation

Administration (FAA), Transport

Airplane Directorate, Rules Docket,

1601 Lind Avenue, SW., Renton,

Washington.

FOR FURTHER INFORMATION CONTACT:

Norman B. Martenson, Manager,

International Branch, ANM–116, FAA,

Transport Airplane Directorate, 1601

Lind Avenue, SW., Renton, Washington

98055–4056; telephone (425) 227–2110;

fax (425) 227–1149.

SUPPLEMENTARY INFORMATION: A

proposal to amend part 39 of the Federal

Aviation Regulations (14 CFR part 39) to

include an airworthiness directive (AD)

that is applicable to all British

Aerospace BAe Model ATP airplanes

was published in the Federal Register

on October 24, 2000 (65 FR 63556). That

action proposed to require revising the

Airworthiness Limitations Section of

the Instructions for Continued

Airworthiness to incorporate life limits

for certain items and inspections to

detect fatigue cracking in certain

structures.

Comments

Interested persons have been afforded

an opportunity to participate in the

making of this amendment. No

comments were submitted in response

to the proposed rule or the FAA’s

determination of the cost to the public.

Manufacturer Name Change

The manufacturer name in the final

rule has been changed from British

Aerospace to BAe Systems (Operations)

Limited to reflect the recent company

name change.

Conclusion

After careful review of the available

data, the FAA has determined that air

safety and the public interest require the

adoption of the rule with the change

described previously. The FAA has

determined that this change will neither

increase the economic burden on any

operator nor increase the scope of the

AD.

Cost Impact

The FAA estimates that 10 airplanes

of U.S. registry will be affected by this

AD, that it will take approximately 1

work hour per airplane to accomplish

the required actions, and that the

average labor rate is $60 per work hour.

Based on these figures, the cost impact

of the AD on U.S. operators is estimated

to be $600, or $60 per airplane.

The cost impact figure discussed

above is based on assumptions that no

operator has yet accomplished any of

the requirements of this AD action, and

that no operator would accomplish

those actions in the future if this AD

were not adopted. The cost impact

figures discussed in AD rulemaking

actions represent only the time

necessary to perform the specific actions

actually required by the AD. These

figures typically do not include

incidental costs, such as the time

required to gain access and close up,

planning time, or time necessitated by

other administrative actions.

Regulatory Impact

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.

268 Federal Register / Vol. 66, No. 2 / Wednesday, January 3, 2001 / Rules and Regulations

List of Subjects in 14 CFR Part 39

Air transportation, Aircraft, Aviation

safety, 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

adding the following new airworthiness

directive:

2000–26–10 BAe Systems (Operations)

Limited (Formerly British Aerospace

Regional Aircraft): Amendment 39–

12060. Docket 99–NM–249–AD.

Applicability: All Model ATP airplanes,

certificated in any category.

Note 1: This AD applies to each airplane

identified in the preceding applicability

provision, regardless of whether it has been

modified, altered, or repaired in the area

subject to the requirements of this AD. For

airplanes 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 (c) 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.

Compliance: Required as indicated, unless

accomplished previously.

To ensure continued structural integrity of

these airplanes, accomplish the following:

Airworthiness Limitations Revision

(a) Within 30 days after the effective date

of this AD, revise the Airworthiness

Limitations Section (ALS) of the Instructions

for Continued Airworthiness by

incorporating Section 05–00–00, dated

August 15, 1997, of the British Aerospace

ATP Aircraft Maintenance Manual (AMM),

dated October 15, 1999, into the ALS. This

section references other chapters of the

AMM. The applicable revision level of the

referenced chapters is that in effect on the

effective date of this AD.

(b) Except as provided by paragraph (c) of

this AD: After the actions specified in

paragraph (a) of this AD have been

accomplished, no alternative inspections or

inspection intervals may be approved for the

structural elements specified in the

document listed in paragraph (a) of this AD.

Alternative Methods of Compliance

(c) 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,

International Branch, ANM–116, FAA,

Transport Airplane Directorate. Operators

shall submit their requests through an

appropriate FAA Principal Maintenance

Inspector, who may add comments and then

send it to the Manager, International Branch,

ANM–116.

Note 2: Information concerning the

existence of approved alternative methods of

compliance with this AD, if any, may be

obtained from the International Branch,

ANM–116.

Special Flight Permits

(d) Special flight permits may be issued in

accordance with §§ 21.197 and 21.199 of the

Federal Aviation Regulations (14 CFR 21.197

and 21.199) to operate the airplane to a

location where the requirements of this AD

can be accomplished.

Effective Date

(e) This amendment becomes effective on

February 7, 2001.

Issued in Renton, Washington, on

December 22, 2000.

John J. Hickey,

Manager, Transport Airplane Directorate,

Aircraft Certification Service.

[FR Doc. 01–32 Filed 1–2–01; 8:45 am]

BILLING CODE 4910–13–P

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 8916]

RIN 1545–AY29

Application of Section 904 to Income

Subject to Separate Limitations and

Section 864(e) Affiliated Group

Expense Allocation and

Apportionment Rules

AGENCY: Internal Revenue Service (IRS),

Treasury.

ACTION: Final and temporary

regulations.

SUMMARY: This document contains

Income Tax Regulations relating to the

section 864(e)(5) and (6) rules on

affiliated group interest and other

expense allocation and apportionment

and to the section 904(d) foreign tax

credit limitation. Changes to the

applicable laws were made by the Tax

Reform Act of 1986, the Technical and

Miscellaneous Revenue Act of 1988, the

Revenue Reconciliation Act of 1993,

and the Taxpayer Relief Act of 1997.

These regulations provide guidance

needed to comply with those changes

and affect individuals and corporations

claiming foreign tax credits.

DATES: Effective Date: These regulations

are effective January 3, 2001.

Applicability Dates: The specific dates

of applicability of these regulations are

as follows:

The amendments to §§ 1.861–9,

1.861–11, and 1.861–14 generally apply

to taxable years beginning after

December 31, 1989. The dates of

applicability are stated in § 1.861–

9(h)(5)(i) and (ii), § 1.861–11(d)(8), and

§ 1.861–14(d)(1), (d)(2)(i), and (d)(2)(ii).

The amendment to § 1.904–4(b)(1)(i)

applies to taxable years beginning after

December 31, 1992.

The amendments to § 1.904–4(e)(3)(ii)

and (e)(3)(iv) apply to taxable years

beginning after December 31, 2000.

The amendments to § 1.902–

1(d)(3)(ii), § 1.904–4(c)(5)(v), (c)(6)(iv),

(c)(7)(ii), (c)(7)(iii), (c)(8) Example 9, and

(g)(3), and to § 1.904–5(d)(2) and (m)

apply to taxable years beginning after

December 31, 1986. However, for

taxable years beginning before January

1, 2001, taxpayers may rely on § 1.904–

4(c)(6)(iv) and (g)(3)(ii), (iii), and (iv) of

regulations project REG–209527–92,

INTL–1–92, published at 1992–1 C.B.

1209. See § 601.601(d)(2) of 26 CFR part

601 revised April 1, 2000.

The amendments to § 1.904–5(a)(3),

(g), (h)(4), and (i)(1), (3), and (4) apply

to taxable years beginning after

December 31, 2000. However, taxpayers

may choose to apply the rule of § 1.904–

5(i)(3) in taxable years beginning after

December 31, 1991, provided that the

taxpayer makes appropriate adjustments

to eliminate any double benefit arising

from the application of the rule to

taxable years that are not open for

assessment.

ADDRESSES: Send submissions to:

Regulations Unit CC (REG–106409–00),

room 5226, Internal Revenue Service,

POB 7604, Ben Franklin Station,

Washington, DC 20044. In the

alternative, submissions may be handdelivered between the hours of 8 a.m.

and 5 p.m. to Regulations Unit CC

(REG–106409–00), Courier’s Desk,

Internal Revenue Service, 1111

Constitution Avenue, NW., Washington,

DC or sent electronically, via the IRS

Internet site at: http://www.irs.gov/

tax_regs/regslist.html.

FOR FURTHER INFORMATION CONTACT:

Bethany A. Ingwalson at (202) 622–3850

(not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

On May 14, 1992, a notice of

proposed rulemaking (INTL–1–92,