Document ID: SEC-2005-0320-0001
Agency: sec
Document Type: Notice
Title: Agency information collection activities; proposals, submissions, and approvals
Posted Date: 2005-12-05T05:00Z

[Federal Register: December 5, 2005 (Volume 70, Number 232)]
[Notices]               
[Page 72476]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
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SECURITIES AND EXCHANGE COMMISSION

 
Proposed Collection; Comment Request; Upon Written Request, Copy 
Available From: Securities and Exchange, Commission, Office of Filings 
and Information Services, Washington, DC 20549

    Extension: Form N-54A; SEC File No. 270-182; OMB Control No. 3235-
0237.
    Notice is hereby given that, pursuant to the Paperwork Reduction 
Act of 1995 [44 U.S.C. 3501 et seq.] (the ``PRA''), 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-54A under the Investment Company Act of 1940; 
Notification of Election to be Subject to Sections 55 through 65 of the 
Investment Company Act of 1940 Filed Pursuant to Section 54(a) of the 
Act.
    Form N-54A [17 CFR 274.53] is a notification to the Commission of 
election to be regulated as a business development company. A company 
making such an election only has to file a Form N-54A once.
    It is estimated that approximately 46 respondents per year file 
with the Commission a Form N-54A. Form N-54A requires approximately 0.5 
burden hours per response resulting from creating and filing the 
information required by the Form. The total burden hours for Form N-54A 
would be 23.0 hours per year in the aggregate. The estimated annual 
burden of 23.0 hours represents an increase of 21.0 hours over the 
prior estimate of 2.0 hours. The increase in burden hours is 
attributable to an increase in the number of respondents from 4 to 46.
    The estimate of average burden hours for Form N-54A is made solely 
for the purposes of the PRA 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 R. Corey Booth, Director/
Chief Information Officer, Office of Information Technology, Securities 
and Exchange Commission, 100 F Street, NE., Washington, DC 20549.

    Dated: November 23, 2005.
Jonathan G. Katz,
Secretary.
[FR Doc. E5-6819 Filed 12-2-05; 8:45 am]

BILLING CODE 8010-01-P