Document ID: SEC-2008-1700-0001
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2008-12-18T05:00Z

[Federal Register: December 18, 2008 (Volume 73, Number 244)]
[Notices]               
[Page 77082]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr18de08-120]                         

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SECURITIES AND EXCHANGE COMMISSION

 
Submission for OMB Review; Comment Request

Upon written request, copies available from: Securities and Exchange 
Commission, Office of Investor Education and Advocacy, Washington, DC 
20549-0213.

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 Securities and Exchange 
Commission (``Commission'') has submitted to the Office of Management 
and Budget a request for extension of the previously approved 
collection of information discussed below.
     Form N-54A (17 CFR 274.53) under the Investment Company 
Act of 1940 (15 U.S.C. 80a-1 et seq.) (the ``Act''); Notification of 
Election to be Subject to Sections 55 through 65 of the Investment 
Company Act of 1940 (15 U.S.C. 80a-54 through 64) Filed Pursuant to 
Section 54(a) of the Act (15 U.S.C. 80a-53(a)).
    Form N-54A is the 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 6 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 3.0 hours per year in the aggregate. The estimated annual 
burden of 3.0 hours represents a decrease of 20.0 hours over the prior 
estimate of 23.0 hours. The decrease in burden hours is attributable to 
a decrease in the number of respondents from 46 to 6.
    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 cost of Commission rules and 
forms.
    The collection of information under Form N-54A is mandatory. The 
information provided by the Form is not kept confidential. An agency 
may not conduct or sponsor, and a person is not required to respond to, 
a collection of information unless it displays a currently valid 
control number.
    Please direct general comments regarding the above information to 
the following persons: (i) Desk Officer for the Securities and Exchange 
Commission, Office of Management and Budget, Room 10102, New Executive 
Office Building, Washington, DC 20503 or e-mail to: 
nfraser@omb.eop.gov; and (ii) 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. Comments must be submitted to OMB within 30 days of 
this notice.

    Dated: December 10, 2008.
Florence E. Harmon,
Acting Secretary.
 [FR Doc. E8-29969 Filed 12-17-08; 8:45 am]

BILLING CODE 8011-01-P