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F ed era l Reser ve Ba n k o f D allas DALLAS. TEXAS 75222 Circular No. 76-59 April 15, 1976 A m e r ic a n R e v o lu tio n B ic e n te n n ia l AMENDMENTS t o RULES REGARDING DELEGATION OF AUTHORITY TO ALL MEMBER BANKS AND OTHERS CONCERNED IN THE ELEVENTH FEDERAL RESERVE DISTRICT: The Board of Governors of the Federal Reserve System has amended its "Rules Regarding Delegation of Authority" to delegate to any Board member the authority to act on a request made in the course of a for mal hearing for special permission to appeal to the Board from a ruling of an Administrative Law Judge, and to delegate to the Secretary of the Board authority to extend time periods for submissions in connection with various types of application proceedings. These amendments are printed on the reverse of this circular and should be filed in your Regulations Binder. If you have any questions regarding these amendments, please contact Robert Smith, III, Assistant Vice President and Secretary, at (214) 651-6207. Additional copies of the amendments will be furnished upon request to the Secretary's Office of this Bank. Sincerely yours, T. W. Plant First Vice President This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM RULES REGARDING DELEGATION OF AUTHORITY AMENDMENTS t E ffective A pril 2, 1976, 12 C F R Part 2 6 5 is am ended by adding a new paragraph (c) to 2 6 5 .1 a as follow s: Effective A pril 2, 19 76 , 12 C F R Part 26 5 is am ended by adding a new subparagraph (15) to § 265.2(a), as follows: S E C T IO N 2 6 5 .1 a — S P E C IF IC F U N C T IO N S D E L E G A T E D TO B O A R D M E M B E R S SE C T IO N 26 5 .2 — SPEC IFIC F U N C T IO N S D E L E G A T E D TO B O A R D E M P L O Y E E S A N D TO F E D E R A L R E S E R V E B A N K S * * * * * (c) A ny Board m em ber is authorized, w hen requested by the Secretary o f the Board, to act upon any request to the Board filed w ith the Sec retary pursuant to section 2 63.10(e) o f the Board’s R ules o f Practice for Form al Hearings (12 C F R 263) for special perm ission to appeal from a rul ing o f the presiding officer at any hearing con ducted pursuant to such rules on any m otion ruled upon by such presiding officer (provided, that if such special perm ission is granted the merits of the appeal shall thereupon be presented to the Board for decision). N otw ithstanding the provi sions o f section 26 5.3 hereof, the denial o f such special perm ission pursuant to this paragraph shall be subject to review by the Board only upon the request o f a m em ber o f the Board m ade within tw o days fo llo w in g the denial. N o person claim ing to be adversely affected by such denial shall have any right to petition the Board or any Board m em ber for review or reconsideration o f such action. * * * * (a) T he Secretary o f the Board (or, in his ab sence, the acting Secretary) is authorized: * * * * * (15) T o grant or deny requests for the exten sion o f any tim e period provided in any notice, order, rule, or regulation o f the Board relating to the filing o f inform ation, com m ents, opposition, briefs, exceptions, or other matters, in connection with any application, request, or petition for the approval, authority, determ ination, or perm ission of, or any other action by the Board sought by any person. N otw ithstanding the provisions o f section 265.3 hereof, no person claim ing to be adversely affected by any action o f the Secretary on any such request shall have the right to peti tion the Board or any Board m em ber fo r review or reconsideration o f such action. * tF o r these Rules to be com plete as am ended effective April 2, 1976, retain the follow ing: 1) Printed pam phlet containing the Rules Regarding D elegation o f Authority dated September 30, 1975; 2 ) Am endm ent, effective N ovem ber 7, 1975, to Section 2 6 5 .2 (c ) ( 1 7 ) ; 3 ) Am endm ents, effective Decem ber 31, 1975, to Sections 2 6 5 . 2 ( a ) ( 1 2 ) ( i v ) , 2 6 5 . 2 ( a ) ( 9 ) ( d ) and 2 6 5 .2 (f) (3 4 ); and 4 )T h is slip sheet.
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