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14028 Federal Register / Vol. 71, No.

53 / Monday, March 20, 2006 / Notices

Critical experiment: a fissionable system response time thereto; (3) resolutions, SECURITIES AND EXCHANGE
that has been experimentally determined to contracts or other supporting documents COMMISSION
be critical (with keff ≈ 1). concerning the appointment or
Margin of safety: the difference between [File No. 1–03701]
the actual value of a parameter and the value
termination of the transfer agent; (4)
of the parameter at which the system is stop orders or notices of adverse claims Issuer Delisting; Notice of Application
expected to be critical with critical defined to the securities; and (5) all canceled of Avista Corporation To Withdraw Its
as keff = 1—bias—bias uncertainty. registered securities certificates. Common Stock, No Par Value,
Margin of Subcriticality (MoS): the Rule 17Ad–7 under the Securities Together With the Preferred Share
difference between the actual value of keff Purchase Rights Appurtenant Thereto,
and the value of keff at which the system is
Exchange Act of 1934 (15 U.S.C. 78b et
seq.) requires each registered transfer From Listing and Registration on the
expected to be critical with critical defined
as keff = 1—bias—bias uncertainty. agent to retain the records specified in Pacific Exchange, Inc.
Minimum Margin of Subcriticality (MMS): Rule 17Ad–6 in an easily accessible March 14, 2006.
a minimum allowed margin of subcriticality, place for a period of six months to six On March, 2006, Avista Corporation,
which is an allowance for any unknown years, depending on the type of record
uncertainties in calculating keff.
a Washington corporation (‘‘Issuer’’),
or document. Rule 17Ad–7 also filed an application with the Securities
Subcritical limit: the maximum allowed specifies the manner in which records
value of a controlled parameter under normal and Exchange Commission
case conditions.
may be maintained using electronic, (‘‘Commission’’), pursuant to section
Upper Subcritical Limit (USL): the microfilm, and microfiche storage 12(d) of the Securities Exchange Act of
maximum allowed value of keff (including methods. 1934 (‘‘Act’’) 1 and Rule 12d2–2(d)
uncertainty in keff), under both normal and These recordkeeping requirements thereunder,2 to withdraw its common
credible abnormal conditions, including ensure that all registered transfer agents stock, no par value, together with the
allowance for the bias, the bias uncertainty, preferred share purchase rights
are maintaining the records necessary to
and a minimum margin of subcriticality.
monitor and keep control over their own appurtenant thereto (collectively
[FR Doc. 06–2611 Filed 3–17–06; 8:45 am] ‘‘Securities’’), from listing and
performance and for the Commission to
BILLING CODE 7590–01–P
adequately examine registered transfer registration on the Pacific Exchange,
agents on an historical basis for Inc. (‘‘PCX’’).
compliance with applicable rules. The Board of Directors (‘‘Board’’) of
SECURITIES AND EXCHANGE the Issuer adopted resolutions on
COMMISSION We estimate that approximately 785
February 10, 2006 to withdraw the
registered transfer agents will spend a Securities from listing and registration
Proposed Collection; Comment total of 392,500 hours per year on PCX. The Issuer stated that the Board
Request complying with Rules 17Ad–6 and determined the benefits of remaining
17Ad–7. Based on average cost per hour listed on PCX do not justify the
Upon written request, copies available of $50, the total cost of compliance with
from: Securities and Exchange associated expense and administrative
Rule 17Ad–6 is $19,625,000. burdens. The Issuer stated that the
Commission, Office of Filings and
Information Services, Washington, DC Written comments are invited on: (a) Securities are listed on the New York
20549. Whether the proposed collection of Stock Exchange, Inc. (‘‘NYSE’’) and will
information is necessary for the proper remain listed on NYSE.
Extension: Rules 17Ad–6 and 17Ad–7, SEC performance of the functions of the The Issuer stated in its application
File No. 270–151, OMB Control No.
agency, including whether the that it has complied with applicable
3235–0291.
information shall have practical utility; rules of PCX by providing PCX with the
Notice is hereby given that, pursuant (b) the accuracy of the agency’s estimate required documents governing the
to the Paperwork Reduction Act of 1995 of the burden of the proposed collection withdrawal of securities from listing
(44 U.S.C. 3501 et seq.), the Securities of information; (c) ways to enhance the and registration on PCX. The Issuer also
and Exchange Commission quality, utility, and clarity of the stated that withdrawal of the Securities
(‘‘Commission’’) is soliciting comments information to be collected; and (d) from PCX will not violate any law of the
on the collection of information ways to minimize the burden of the State of Washington, the state in which
summarized below. The Commission collection of information on the Issuer is incorporated.
plans to submit this existing collection respondents, including through the use The Issuer’s application relates solely
of information to the Office of of automated collection techniques or to the withdrawal of the Securities from
Management and Budget for extension other forms of information technology. listing on PCX and shall not affect their
and approval. Consideration will be given to continued listing on NYSE or their
Rules 17Ad–6 and 17Ad–7: comments and suggestions submitted in obligation to be registered under section
Recordkeeping Requirements for writing within 60 days of this 12(b) of the Act.3
Transfer Agents publication. Any interested person may, on or
before April 7, 2006, comment on the
Rule 17Ad–6 under the Securities Please direct your written comments facts bearing upon whether the
Exchange Act of 1934 (15 U.S.C. 78b et to R. Corey Booth, Director/Chief application has been made in
seq.) requires every registered transfer Information Officer, Office of accordance with the rules of PCX, and
agent to make and keep current records Information Technology, Securities and what terms, if any, should be imposed
about a variety of information, such as: Exchange Commission, 100 F Street, by the Commission for the protection of
(1) Specific operational data regarding NE., Washington, DC 20549. investors. All comment letters may be
the time taken to perform transfer agent Dated: March 13, 2006. submitted by either of the following
wwhite on PROD1PC61 with NOTICES

activities (to ensure compliance with methods:


Nancy M. Morris,
the minimum performance standards in
Rule 17Ad–2 (17 CFR 240.17Ad–2); (2) Secretary. 1 15 U.S.C. 78l(d).
written inquiries and requests by [FR Doc. E6–3981 Filed 3–17–06; 8:45 am] 2 17 CFR 240.12d2–2(d).
shareholders and broker-dealers and BILLING CODE 8010–01–P 3 15 U.S.C. 78l(b).

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