PTE 80-83 -- Sale of Securities to Reduce Indebtedness of Party in Interest

ICR 201305-1210-001

OMB: 1210-0064

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2013-05-07
ICR Details
1210-0064 201305-1210-001
Historical Active 201003-1210-003
DOL/EBSA
PTE 80-83 -- Sale of Securities to Reduce Indebtedness of Party in Interest
Extension without change of a currently approved collection   No
Regular
Approved without change 07/26/2013
Retrieve Notice of Action (NOA) 05/31/2013
  Inventory as of this Action Requested Previously Approved
07/31/2016 36 Months From Approved 07/31/2013
25 0 25
15 0 15
0 0 0

This Class Exemption exempts from the prohibited transaction provisions of ERISA certain transactions involving an employee benefit plan's purchase of securities that may aid the issuer of the securities, who is a party in interest to the plan, in reducing or retiring its indebtedness to a third party.

US Code: 29 USC 406 Name of Law: Employee Retirement Income Security Act of 1974
   US Code: 29 USC 408(a) Name of Law: Employee Retirement Income Security Act of 1974
  
None

Not associated with rulemaking

  77 FR 70828 11/27/2012
78 FR 35163 05/31/2013
No

1
IC Title Form No. Form Name
Prohibited Transaction Exemption 80-83 -- Securities Purchases for Debt Reduction of Retirement

  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 25 25 0 0 0 0
Annual Time Burden (Hours) 15 15 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

No
No
No
No
No
Uncollected
Christopher Cosby 202-693-8425 cosby.chris@dol.gov

  No

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.
05/20/2013


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