Approval is
granted for one year from effective date of regulation. Request for
extension after that date should include the results of a special
survey undertaken to determine the extent of use and validity of
the cost-accounting recordkeeping options and to deterine whether
the spcified recordkeeping options are the minimum needed.
Inventory as of this Action
Requested
Previously Approved
03/31/1983
03/31/1983
3,100
0
0
5,500
0
0
0
0
0
THIS REGULATION GOVERNS FEDERAL CREDIT
UNION INSURANCE AND GROUP PURCHASING ACTIVITIES. IT REPRESENTS A
SUBSTANTIAL DEREGULATION PERMITTING CONSIDERALY GREATER LATITUDE IN
THE GROUP PURCHASING AREA, SOME NEW REQIREMENTS HAVE BEEN PROVIDED
TO ASSURE REASONABLE PROTECTIO OF MEMBER INTERESTS. WE ESTIMATE
ZERO OR MINIMUM COSTS TO FEDERAL CREDIT UNIONS SINCE ALL OF THE
EXPENSES A CREDIT UNION MAY INCUR ARE REIMBURSABLE.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.