Professional Documents
Culture Documents
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Federal Register / Vol. 64, No. 240 / Wednesday, December 15, 1999 / Notices 70071
of which were from major industry presentation of oral comments at the NUCLEAR REGULATORY
groups and plan fiduciaries. hearing. In the absence of special COMMISSION
In response, in part, to the circumstances, each commentator will
information received by the Department [Docket Nos. 50–498 and 50–499]
be allotted fifteen minutes in which to
to the Notice, the Department has complete his or her presentation and Houston Lighting and Power Company
published in today’s Federal Register a answer questions that may be posed by City Public Service Board of San
separate notice of proposed class a panel of Pension and Welfare Benefits Antonio Central Power and Light
exemption which would, if granted, Administration employees. Information Company City of Austin, Texas STP
provide an exemption for cross-trades of
about the agenda may be obtained on or Nuclear Operating Company (South
securities by Index and Model-Driven
after January 27, 2000, by telephoning Texas Project, Units 1 and 2); Order
Funds. In the notice of proposed class
Fil Williams of the Office of Exemption Extending the Effectiveness of the
exemption, the Department states that it
of Determinations at (202) 219–8194 Approval of the Indirect Transfer of
is not proposing relief for cross-trades of
(this is not a toll free number). Licenses (Merger of Central and South
securities by actively-managed plan
West Corporation and American
accounts or funds at the present time. In Individuals not listed in the agenda
actively-managed programs, trading Electric Power Company)
will be allowed to make oral comments
decisions are made by individuals that at the hearing to the extent time permits. I.
have been hired to select particular Those individuals who make oral
securities as professional investment By Order dated November 5, 1998, the
comments at the hearing should be Nuclear Regulatory Commission (the
managers for ‘‘actively-managed’’ prepared to answer questions regarding
accounts. The Department notes in the Commission) approved the indirect
their comments. The hearing will be transfer of Facility Operating Licenses
proposed class exemption that transcribed.
information obtained from investment Nos. NPF–76 and NPF–80 to the extent
managers in response to the Notice Individuals with disabilities, who such would be effected by the proposed
regarding cross-trade practices and need special accommodations, should corporate merger of Central and South
procedures for actively-managed notify Mr. Williams on or before January West Corporation (CSW) and American
accounts will be considered separately. 20, 2000. Electric Power Company, Inc. (AEP).
In view of the importance of this CSW is the parent holding company of
Notice of Public Hearing Central Power and Light Company
issue, the Department has decided to
hold a public hearing regarding (CPL), one of the holders of the licenses.
Notice is hereby given that a public
potential future individual or class The approval was given in response to
hearing will be held on February 10,
exemptions for the cross-trades of an application filed by CPL dated June
2000, and February 11th if necessary, 16, 1998, as supplemented, for consent
securities by investment managers for regarding potential future individual or
actively-managed plan accounts or of the NRC under 10 CFR 50.80. By its
class exemptions for cross-trades of terms, the Order of November 5, 1998,
pooled funds containing ‘‘plan assets’’
securities by investment managers for becomes null and void if the merger is
subject to Title I of ERISA.
This hearing will be held on February actively-managed plan accounts or not completed by December 31, 1999,
10, 2000, and February 11th if pooled funds containing ‘‘plan assets’’ unless upon application and for good
necessary, beginning at 10 a.m. and subject to ERISA. The hearing will be cause shown, such date is extended by
ending at 4 p.m., in Room N–5437 of the held beginning at 10 a.m. in Room N– the Commission.
Department of Labor Building, 200 5437 of the Department of Labor
Building, 200 Constitution Avenue, NW, II.
Constitution Avenue, NW, Washington,
DC 20210. Washington, DC, 20210. By letter dated October 25, 1999, CPL
Any interested person who wishes to and AEP, through counsel, submitted a
Signed at Washington, DC, this 9th day of
be assured of an opportunity to present request for an extension of the
December, 1999.
oral comments at the hearing should effectiveness of the Order of November
Alan D. Lebowitz, 5, 1998, such that it would remain
submit the following information by
January 20, 2000: (1) A written request Deputy Assistant Security of Program effective until June 30, 2000. According
to be heard; and (2) An outline Operations, Pension and Welfare Benefits to the submittal, because of unavoidable
(preferably five copies) of the topics to Administration, U.S. Department of Labor. delays in securing all regulatory
be discussed, indicating the time [FR Doc. 99–32403 Filed 12–14–99; 8:45 am] approvals, the merger between AEP and
allocated to each topic. The request to BILLING CODE 4510–29–P CSW will not close prior to December
be heard and accompanying outline 31, 1999. The request further asserts
should be sent to the Office of that, notwithstanding the best efforts of
Exemption Determinations, Pension and AEP and CSW to provide complete and
Welfare Benefits Administration, U.S. timely information, the Federal Energy
Department of Labor, Room N–5649, Regulatory Commission (FERC) has not
200 Constitution Avenue, NW, completed its review of the pending
Washington, DC 20210, and marked merger application before it and has not
‘‘Attention: Cross-Trades of Securities granted the necessary approvals
by Investment Managers Hearing.’’ required for consummation of the
Individuals who did not file written merger. FERC has issued an order in
comments regarding the Notice which it states that a final decision
published by the Department in the should be issued no later than March
Federal Register on March 20, 1998 may 2000.
nonetheless submit a request to make According to their submittal, CSW
oral comments at the hearing. and AEP have been diligent in seeking
The Department will prepare an to obtain all required regulatory
agenda indicating the order of approvals from Federal and State
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