

[Federal Register: September 21, 2007 (Volume 72, Number 183)]
[Notices]               
[Page 54086-54087]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr21se07-144]                         

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SECURITIES AND EXCHANGE COMMISSION

 
Proposed Collection; Comment Request

Upon Written Request, Copy Available From: Securities and Exchange 
Commission, Office of Investor Education and Advocacy, Washington, DC 
20549-0213.

Extension:

    Form N-14, SEC File No. 270-297, OMB Control No. 3235-0336.

    Notice is hereby given that, pursuant to the Paperwork Reduction 
Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange 
Commission (``Commission'') is soliciting comments on the collection of 
information summarized below. The Commission plans to submit this 
existing collection of information to the Office of Management and 
Budget for extension and approval.
    Form N-14 (17 CFR 239.23)--Registration Statement Under the 
Securities Act of 1933 for Securities Issued in Business Combination 
Transactions by Investment Companies and Business Development 
Companies. Form N-14 is used by investment companies registered under 
the Investment Company Act of 1940 (15 U.S.C. 80a-1 et seq.) 
(``Investment Company Act'') and business development companies as 
defined by Section 2(a)(48) of the Investment Company Act to register 
securities under the Securities Act of 1933 (15 U.S.C. 77a et seq.) to 
be issued in business combination transactions specified in rule 145(a) 
(17 CFR 230.145(a)) and exchange offers. The securities are registered 
under the Securities Act to ensure that investors receive the material 
information necessary to evaluate securities issued in business 
combination transactions. The Commission staff reviews registration 
statements on Form N-14 for the adequacy and accuracy of the disclosure 
contained therein. Without Form N-14, the Commission would be unable to 
verify compliance with securities law requirements. The respondents to 
the collection of information are investment companies or business 
development companies issuing securities in business combination 
transactions. The estimated number of responses is 375 and the 
collection occurs only when a merger or other business combination is 
planned. The estimated total annual reporting burden of the collection 
of information is approximately 620 hours per response for a new 
registration statement, and approximately 350 hours per response for an 
amended Form N-14, for a total of 196,050 annual burden hours.
    Written comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the Commission's mission, including whether the information will have 
practical utility; (b) the accuracy of the Commission's estimate of the 
burden of the collection of information; (c) ways to enhance the 
quality, utility, and clarity of the information collected; and (d) 
ways to minimize the burden of the collection of information on 
respondents, including through the use of automated collection 
techniques or other forms of information

[[Page 54087]]

technology. Consideration will be given to comments and suggestions 
submitted in writing within 60 days of this publication.
    Please direct your written comments to R. Corey Booth, Director/
Chief Information Officer, Securities and Exchange Commission, C/O 
Shirley Martinson, 6432 General Green Way, Alexandria, VA, 22312; or 
send an e-mail to: PRA_Mailbox@sec.gov.

    Dated: September 13, 2007.
Florence E. Harmon,
Deputy Secretary.
 [FR Doc. E7-18687 Filed 9-20-07; 8:45 am]

BILLING CODE 8010-01-P
