Document ID: SEC-2008-1565-0001
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2008-11-20T05:00Z

[Federal Register: November 20, 2008 (Volume 73, Number 225)]
[Notices]               
[Page 70391]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr20no08-102]                         

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SECURITIES AND EXCHANGE COMMISSION

 
Proposed Collection; Comment Request

Upon Written Request, Copy Available From: Securities and Exchange 
Commission, Office of Investor Education and Advocacy, Washington, DC 
20549-0213.

Extension:
    Form N-54C, SEC File No. 270-184, OMB Control No. 3235-0236.

    Notice is hereby given that, pursuant to the Paperwork Reduction 
Act of 1995 (44 U.S.C. 3501 et seq.) (the ``Act''), the Securities and 
Exchange Commission (the ``Commission'') is soliciting comments on the 
collection of information summarized below. The Commission plans to 
submit this existing collection of information to the Office of 
Management and Budget for extension and approval.
    Form N-54C (17 CFR 274.54) under the Investment Company Act of 1940 
(15 U.S.C. 80a) is a notification to the Commission that a company 
withdraws its election to be regulated as a business development 
company. Such a company only has to file a Form N-54C once.
    It is estimated that approximately 12 respondents per year file 
with the Commission a Form N-54C. Form N-54C requires approximately 1 
burden hour per response resulting from creating and filing the 
information required by the Form. The total burden hours for Form N-54C 
would be 12 hours per year in the aggregate. The estimated annual 
burden of 12 hours represents a decrease of 6 hours over the prior 
estimate of 18 hours. The decrease in burden hours is attributable to a 
decrease in the number of respondents from 18 to 12.
    The estimate of average burden hours for Form N-54C is made solely 
for the purposes of the Act and is not derived from a comprehensive or 
even representative survey or study of the costs of Commission rules 
and forms.
    Written comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the agency, including whether the information will 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden of the collection of information; (c) ways to enhance the 
quality, utility, and clarity of the information collected; and (d) 
ways to minimize the burden of the collection of information on 
respondents, including through the use of automated collection 
techniques or other forms of information technology. Consideration will 
be given to comments and suggestions submitted in writing within 60 
days of this publication.
    Please direct your written comments to Lewis W. Walker, Acting 
Director/CIO, Securities and Exchange Commission, C/O Shirley 
Martinson, 6432 General Green Way, Alexandria, VA 22312; or send an e-
mail to: PRA_Mailbox@sec.gov.

    Dated: November 13, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8-27580 Filed 11-19-08; 8:45 am]

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