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55516 Federal Register / Vol. 70, No.

183 / Thursday, September 22, 2005 / Rules and Regulations

Dated: September 16, 2005. to reflect its purpose and function more B. Regulatory Procedures
Jeanette C. Brinkley, accurately.
Part 790 describes NCUA’s Final Rule Under the Administrative
Secretary, Farm Credit Administration Board. Procedure Act
[FR Doc. 05–18892 Filed 9–21–05; 8:45 am] organization. Due to the renaming of
these offices, the Board revises The amendments in this rule are
§§ 790.2(b)(12) and (13) to delete the technical rather than substantive or
references to the ‘‘Office of Credit Union involve only agency rules governing
Development’’ and ‘‘Office of Strategic internal procedure. NCUA finds good
NATIONAL CREDIT UNION Program Support and Planning.’’ These cause that notice and public comment
ADMINISTRATION references are replaced with ‘‘Office of are unnecessary under section 553(b)(B)
Small Credit Union Initiatives’’ and of the Administrative Procedure Act
12 CFR Parts 703, 790, 791 ‘‘Office of Capital Markets and (APA). 5 U.S.C. 553(b)(B). NCUA also
Technical Corrections Planning’’ respectively. The Board also finds good cause to dispense with the
makes a conforming change to § 703.19. 30-day delayed effective date
AGENCY: National Credit Union Accordingly, the Board revises requirement under section 553(d)(3) of
Administration. §§ 703.19(c), 790.2(b)(12) and (13) to the APA. The rule will, therefore, be
ACTION: Final rule. make this correction. effective immediately upon publication.
The Board also revises § 790.2(b)(4) to
SUMMARY: The National Credit Union describe graphics as an example of the Regulatory Flexibility Act
Administration (NCUA) Board is issuing administrative services provided by the The Regulatory Flexibility Act
a rule to make certain technical Office of the Chief Financial Officer requires NCUA to prepare an analysis to
corrections. The rule corrects titles of instead of a responsibility of the Office describe any significant economic
some NCUA offices and reorganizes the of Public and Congressional Affairs. impact a rule may have on a substantial
section describing the central and Additionally, the Board has a policy number of small entities, those credit
regional office organization. The NCUA of continually reviewing NCUA unions with less than ten million
Board is also making a minor revision regulations to ‘‘update, clarify and dollars in assets. This rule makes
to its own rules of procedure to clarify simplify existing regulations and technical corrections and revises the
when notation voting is appropriate. eliminate redundant and unnecessary Board’s internal procedural rules, so it
DATES: This rule is effective September
provisions.’’ NCUA Interpretive Rulings will not have a significant economic
22, 2005. and Policy Statement (IRPS) 87–2, impact on a substantial number of small
Developing and Reviewing Government credit unions, and, therefore, a
Regulations. The NCUA staff’s most regulatory flexibility analysis is not
Moisette Green, Staff Attorney, Division recent review of NCUA’s regulations
of Operations, Office of General required.
revealed the need for a few minor
Counsel, at the National Credit Union updates and corrections. Paperwork Reduction Act
Administration, 1775 Duke Street, The description of the NCUA Central NCUA has determined that this rule
Alexandria, Virginia 22314–3428 or Liquidity Facility (CLF) is currently will not increase paperwork
telephone: (703) 518–6540. placed within the description of the requirements under the Paperwork
SUPPLEMENTARY INFORMATION: Office of Examination and Insurance. Reduction Act of 1995 and regulations
The CLF is an instrumentality of the of the Office of Management and
A. Background
United States established under Title III Budget.
The NCUA Board reorganized a few of the Federal Credit Union Act, 12
offices within the central office of the U.S.C. 1795–1795k, and should be Executive Order 13132
agency as a result of the fiscal year 2005 described in a separate paragraph in Executive Order 13132 encourages
(FY05) budget review. The Board’s goals § 790.2. Accordingly, the Board independent regulatory agencies to
included improving the efficiency of redesignates § 790.2(b)(5)(ii) as a new consider the impact of their actions on
NCUA operations, clarifying central paragraph § 790.2(b)(15) to make this state and local interests. In adherence to
office functions and extending correction. fundamental federalism principles, the
assistance to small credit unions. The NCUA Board has reviewed the NCUA, an independent regulatory
As part of the reorganization, the rules governing its procedures in Part agency as defined in 44 U.S.C. 3502(5),
Board reassigned some existing NCUA 791. Specifically, Board is revising voluntarily complies with the executive
positions and resources to the Office of § 791.4 to reflect when it may consider order. This rule will not have
Credit Union Development and renamed matters by notation voting. When the substantial direct effects on the states,
it as the Office of Small Credit Union rule was approved in 1980, the Board on the relationship between the national
Initiatives. This change recognizes the described matters it would consider by government and the states, or on the
important role small credit unions, notation voting with the word distribution of power and
which represent about one-half of all ‘‘routine,’’ intending to restrict the use responsibilities among the various
credit unions, play in the credit union of this method of acting. The Board levels of government. The NCUA has
movement and provides additional continues to believe notation voting determined that this rule does not
focus within NCUA on the problems should not be used for substantive constitute a policy that has federalism
small credit unions face. decisions of significant, broad impact on implications for purposes of the
The Board also restructured the Office credit unions. To clarify the rule and executive order.
of Strategic Program Support and provide the Board with additional
Planning when it approved the FY05 flexibility, while complying the The Treasury and General Government
budget. The Board reorganized this staff Government in the Sunshine Act, 5 Appropriations Act, 1999—Assessment
to achieve more effective operations and U.S.C. 552b, the Board revises of Federal Regulations and Policies on
better respond to NCUA’s emerging § 791.4(b)(1) by replacing the word Families
needs and renamed the office as the ‘‘routine’’ with the words NCUA has determined that this rule
Office of Capital Markets and Planning ‘‘administrative or time sensitive.’’ will not affect family well-being within

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Federal Register / Vol. 70, No. 183 / Thursday, September 22, 2005 / Rules and Regulations 55517

the meaning of section 654 of the PART 703—INVESTMENT AND PART 790—DESCRIPTION OF NCUA;
Appropriations Act, 1999, Pub. L. 105–
277, 112 Stat. 2681 (1998). ■ 1. The authority citation for part 703 ■ 3. The authority citation for part 790
continues to read as follows: continues to read as follows:
By the National Credit Union
Administration Board on September 15, Authority: 12 U.S.C. 1757(7), 1757(8), Authority: 12 U.S.C. 1766, 1789, and
2005. 1757(15). 1795f.
Mary Rupp, § 790.2 [Amended]
§ 703.19 [Amended]
Secretary of the Board. ■ 4. Amend § 790.2 as follows:
■ 2. In 12 CFR 703.19(c) remove the ■ a. In the table below, for 12 CFR
■Accordingly, the NCUA amends 12
words ‘‘Office of Strategic Program 790.2(b), remove the title indicated in
CFR parts 703, 790, and 791 as follows:
Support and Planning’’ and add, in their the left column from wherever it
place, the words ‘‘Office of Capital appears in the section, and add the title
Markets and Planning’’. indicated in the right column:

Remove Add

Office of Credit Union Development ........................................................ Office of Small Credit Union Initiatives.
Office of Strategic Program Support and Planning .................................. Office of Capital Markets and Planning.

■ b. Redesignate paragraph (b)(5)(i) as DEPARTMENT OF TRANSPORTATION ADDRESSES: Use one of the following
paragragh (b)(5), and paragraph (b)(5)(ii) addresses to submit comments on this
as new paragraph (b)(15). Federal Aviation Administration AD.
■ c. Add the word ‘‘graphics;’’ in the
• DOT Docket Web site: Go to
14 CFR Part 39 http://dms.dot.gov and follow the
last sentence of paragraph (b)(4) after
[Docket No. FAA–2005–22484; Directorate instructions for sending your comments
the word ‘‘printing;’’ and remove the
Identifier 2003–NM–270–AD; Amendment electronically.
last sentence of paragraph (b)(11).
39–14286; AD 2005–19–21] • Government-wide rulemaking Web
PART 791—RULES OF NCUA BOARD site: Go to http://www.regulations.gov
RIN 2120–AA64
and follow the instructions for sending
Airworthiness Directives; Airbus Model your comments electronically.
A330–202, –223, –243, and –343 • Mail: Docket Management Facility;
Airplanes; and Model A340–313 U.S. Department of Transportation, 400
BOARD MEETINGS Seventh Street, SW., Nassif Building,
room PL–401, Washington, DC 20590.
■ 5. The authority citation for part 791 AGENCY: Federal Aviation • Fax: (202) 493–2251.
continues to read as follows: Administration (FAA), Department of • Hand Delivery: Room PL–401 on
Authority: 12 U.S.C. 1766, 1789 and 5 Transportation (DOT). the plaza level of the Nassif Building,
U.S.C. 552b. ACTION: Final rule; request for 400 Seventh Street, SW., Washington,
comments. DC, between 9 a.m. and 5 p.m., Monday
§ 791.4 [Amended] through Friday, except Federal holidays.
SUMMARY: The FAA is adopting a new
Contact Airbus, 1 Rond Point Maurice
■ 6. In 12 CFR 791.4(b)(1), remove the airworthiness directive (AD) for certain
Bellonte, 31707 Blagnac Cedex, France,
word ‘‘routine’’ and add, in its place, Airbus Model A330–202, –223, –243,
for service information identified in this
the words ‘‘administrative or time and –343 airplanes; and certain Model
sensitive, for example, enforcement or A340–313 airplanes. This AD requires a
one-time inspection for discrepancies of FOR FURTHER INFORMATION CONTACT: Dan
interagency actions requiring prompt
the attachment bolts of the windshield Rodina, Aerospace Engineer,
Board action’’.
central retainer, and corrective actions if International Branch, ANM–116, FAA,
[FR Doc. 05–18747 Filed 9–21–05; 8:45 am] necessary. This AD results from a report Transport Airplane Directorate, 1601
BILLING CODE 7535–01–P indicating that, during production, the Lind Avenue, SW., Renton, Washington
windshield central retainer may have 98055–4056; telephone (425) 227–2125;
been installed with attachment bolts fax (425) 227–1149.
that were too short, which prevented the SUPPLEMENTARY INFORMATION:
thread of the bolt from fully engaging in
the self-locking nut. We are issuing this
AD to prevent loosened attachment The Direction Générale de l’Aviation
bolts, which could result in loss of the Civile (DGAC), which is the
windshield and consequent reduced airworthiness authority for France,
structural integrity of the airplane. notified us that an unsafe condition may
DATES: Effective October 7, 2005. exist on certain Airbus Model A330–
The Director of the Federal Register 202, –223, –243, and –343 airplanes,
approved the incorporation by reference and Model A340–313 airplanes. The
of certain publications listed in the AD windshield central retainer is attached
as of October 7, 2005. with long-thread bolts of a certain
We must receive comments on this length. During production on affected
AD by November 21, 2005. airplanes, the windshield central

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