NOTIFICATION TO INVEST IN SUBSIDIARY OF JOINT VENTURE AND APPLICATION TO INVEST IN OTHER ORGANIZATIONS.

Forms and Documents

Document Name	Status

No forms / supporting documents in this ICR. Check IC Document Collections.

IC Document Collections

IC ID	Document Title	Status
161318	NOTIFICATION TO INVEST IN SUBSIDIARY OF JOINT VENTURE AND APPLICATION TO INVEST IN OTHER ORGANIZATIONS.	Migrated

ICR Details

OMB Control No: 7100-0107	ICR Reference No: 198111-7100-010
Status: Historical Active	Previous ICR Reference No: 198104-7100-080
Agency/Subagency: FRS	Agency Tracking No:
Title: NOTIFICATION TO INVEST IN SUBSIDIARY OF JOINT VENTURE AND APPLICATION TO INVEST IN OTHER ORGANIZATIONS.
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/04/1981
	Date Received in OIRA: 11/09/1981
Terms of Clearance: Packages 7100-0107 and 7100-0108 have been consolidated using OMB number 7100-0107. This request for clearance is approved for use through March 1982. For extension or revision of this approval, the Board is to provide a more complete supporting statement. (See the Louis Kincannon memo of June 24, 1981.) The statement should include, but not be limited to: 1. a more detailed description of the need for each report and the need for different applications for different size investments, 2. a more detailed justification of the purpose and use of each data element in the reports, and 3. an explanation of how the burden per respondent was calculated.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/1982	03/31/1982	12/31/1981
Responses	76	0	42
Time Burden (Hours)	1,412	0	1,176
Cost Burden (Dollars)	0	0	0

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Abstract: THIS IS A 60 DAY'S PRIOR NOTIFICATION, TO MAKE A SMALL INVESTMENT IN A FOREIGN COMPANY, BY A MEMBER BANK, BANK HOLDING COMPANY, EDGE OR AGREEMENT CORPORATION. FOR LARGER FOREIGN INVESTMENTS, THERE IS A LONGER APPLICATION.

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Authorizing Statute(s): None

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
NOTIFICATION TO INVEST IN SUBSIDIARY OF JOINT VENTURE AND APPLICATION TO INVEST IN OTHER ORGANIZATIONS.

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	76	42	0	-123	157	0
Annual Time Burden (Hours)	1,412	1,176	0	-852	1,088	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 11/09/1981

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