Federal Register Notice Correction

Federal Register / Vol. 76, No. 143 / Tuesday, July 26, 2011 / Notices
PEACE CORPS
Information Collection Request Under
OMB Review
Peace Corps.
Correction notice.

AGENCY:
ACTION:

The Peace Corps published a
document in the Federal Register of
July 11, 2011, [FR Doc. 2011–17273,
pages 40755–40756], concerning request
for comments on an information
collection. This document corrects
errors in that notice.
FOR FURTHER INFORMATION CONTACT:
Denora Miller can be contacted by
telephone at 202–692–1236 or e-mail at
[email protected].
SUMMARY:

Correction
On page 40756, in the first column,
line four, should read:
‘‘The Peace Corps invites the general
public to comment on a proposed
revision of a currently approved
collection, Peace Corps Volunteer
Application (OMB Control Number
0420–0005).’’
On page 40756, in the first column,
under the heading SUPPLEMENTARY
INFORMATION (3) should read:
‘‘Type of Review: Revision of a
currently approved collection.’’
Dated: July 19, 2011.
Earl W. Yates,
Associate Director, Management.
[FR Doc. 2011–18804 Filed 7–25–11; 8:45 am]
BILLING CODE 6051–01–P

SECURITIES AND EXCHANGE
COMMISSION
[Release No. IC–29729; File No. 812–13863]

Northern Lights Variable Trust, et al.;
Notice of Application
July 19, 2011.

Securities and Exchange
Commission (‘‘Commission’’).
ACTION: Notice of application pursuant
to Section 6(c) of the Investment
Company Act of 1940, as amended (the
‘‘1940 Act or Act’’), seeking exemptions
from Sections 9(a), 13(a), 15(a) and 15(b)
of the 1940 Act and Rules 6e–2(b)(15)
and 6e–3(T)(b)(15) thereunder.
AGENCY:

Northern Lights Variable
Trust (the ‘‘Fund’’) and Gemini Fund
Services, LLC (‘‘Gemini’’) (collectively,
‘‘Applicants’’).
SUMMARY OF APPLICATION: Applicants
request an order pursuant to Section
6(c) of the 1940 Act to permit shares of
an existing portfolio of the Fund and
shares of any future investment

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APPLICANTS:

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company (‘‘Shares’’) that is designed to
fund VA Accounts and/or VLI Accounts
(as defined below) and for which
Gemini or any of its affiliates may serve
in the future as investment adviser, subadviser, manager, administrator,
principal underwriter or sponsor
(‘‘Insurance Fund’’ and collectively with
the Fund, ‘‘Insurance Funds’’) to be sold
and held by: (i) Separate accounts
registered as investment companies or
separate accounts that are not registered
as investment companies under the
1940 Act pursuant to exemptions from
registration under Section 3(c) of the
1940 Act that fund variable annuity
contracts (‘‘VA Accounts’’) and variable
life insurance contracts (‘‘VLI
Accounts’’) (VA Accounts and VLI
Accounts together ‘‘Separate Accounts’’)
issued by both affiliated life insurance
companies and unaffiliated life
insurance companies (‘‘Participating
Insurance Companies’’); (ii) trustees of
qualified group pension and group
retirement plans outside of the Separate
Account context (‘‘Qualified Plans’’);
(iii) investment adviser(s) or affiliated
person(s) of the investment adviser(s) to
a series of an Insurance Fund (the
‘‘Adviser’’), for the purpose of providing
seed capital to a series of an Insurance
Fund; and (iv) general accounts of
insurance company depositors of VA
Accounts and/or VLI Accounts
(‘‘General Accounts’’).
DATES: Filing Date: The application was
filed on January 25, 2011, and amended
and restated on July 15, 2011.
Hearing or Notification of Hearing: An
order granting the application will be
issued unless the Commission orders a
hearing. Interested persons may request
a hearing by writing to the Secretary of
the Commission and serving Applicants
with a copy of the request, personally or
by mail. Hearing requests should be
received by the Commission by 5:30
p.m. on August 15, 2011, and should be
accompanied by proof of service on
Applicants, in the form of an affidavit
or, for lawyers, a certificate of service.
Hearing requests should state the nature
of the writer’s interest, the reason for the
request, and the issues contested.
Persons may request notification of a
hearing by writing to the Secretary of
the Commission.
ADDRESSES: Secretary, Securities and
Exchange Commission, 100 F Street,
NE., Washington, DC 20549–1090.
Northern Lights Variable Trust, c/o
Emile Molineaux, Esquire, Gemini Fund
Services, LLC, 450 Wireless Boulevard,
Hauppage, New York 11788–0132,
copies to JoAnn Strasser, Esquire,
Thompson Hine LLP, 312 Walnut Street,
Cincinnati, Ohio 45202.

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FOR FURTHER INFORMATION CONTACT:

Michelle Roberts, Senior Counsel, or
Joyce M. Pickholz, Branch Chief, Office
of Insurance Products, Division of
Investment Management at (202) 551–
6795.
The
following is a summary of the
application. The complete application
may be obtained via the Commission’s
Web site by searching for the file
number, or for an applicant using the
Company name box, at http://
www.sec.gov/search.htm, or by calling
(202) 551–8090.

SUPPLEMENTARY INFORMATION:

Applicants’ Representations
1. The Fund was organized as a
Delaware statutory trust on November 2,
2005 and is registered under the 1940
Act as an open-end management
investment company (File No. 811–
21853). The Fund is a series investment
company as defined by Rule 18f–2
under the 1940 Act and is currently
comprised of fourteen portfolios
managed by seven different investment
advisers and three subadvisers. The
portfolios share a single Board of
Trustees (‘‘Board’’) and service
providers for example, auditors and
fund counsel. The investment advisers
are not affiliated with Gemini and may
or may not be affiliated with each other.
2. Shares of the portfolios will not be
sold to the general public, but will be
offered to Separate Accounts of a
Participating Insurance Company,
Qualified Plans, the Adviser for seed
money and General Accounts.
3. Gemini provides administrative,
fund accounting and transfer agent
services to the portfolios, subject to the
supervision of the Board. Gemini may
provide individuals to serve as officers
of the Insurance Funds, which officers
may be directors, officers or employees
of Gemini or its affiliates. Gemini is
paid a fee for its services, which may
consist of a base fee, a per account fee
and/or an asset-based fee.
4. The Insurance Funds may offer
their Shares to Separate Accounts of
Participating Insurance Companies to
serve as an investment medium to
support variable life insurance contracts
(‘‘VLI Contracts’’) and variable annuity
contracts (‘‘VA Contracts’’) (together,
‘‘Variable Contracts’’) issued through
such accounts. If a Separate Account is
registered as an investment company
under the 1940 Act, or is exempt from
such registration under Section 3(c) of
the 1940 Act, it will be a ‘‘separate
account’’ as defined by Rule 0–1(e) (or
any successor rule) under the 1940 Act.
For purposes of the Act, the
Participating Insurance Company that

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