Simplification of Entity Classification Rules; Correction

Official source: Federal Register (GovInfo) (https://www.govinfo.gov/content/pkg/FR-1997-03-13/pdf/97-6390.pdf), retrieved 2026-10-03. U.S. Government work (17 U.S.C. § 105).

Federal Register / Vol. 62, No. 49 / Thursday, March 13, 1997 / Rules and Regulations 11769

SUMMARY: This document contains corrections to the final regulations (TD 8697) which were published in the Federal Register on Wednesday, December 18, 1996 (61 FR 66584). The final regulations relate to the classification of business organizations.

EFFECTIVE DATE: January 1, 1997.

FOR FURTHER INFORMATION CONTACT: Mark D. Harris, (202) 622–3050 (not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

The final regulations that are subject to these corrections are under section 7701 of the Internal Revenue Code.

Need for Correction

As published, the final regulations (TD 8697) contain errors which may prove to be misleading and are in need of clarification.

Correction of Publication

Accordingly, the publication of the final regulations (TD 8697) which are the subject of FR Doc. 96–31997 is corrected as follows:

§ 301.7701–3 [Corrected]

On page 66592, column 1, § 301.7701–3, paragraph (c)(1)(vi), Example 1, line 11 from the bottom of the paragraph, the language ‘‘by September 13, 1998. See paragraph’’ is corrected to read ‘‘by September 14,
See paragraph’’.
On page 66592, column 1, § 301.7701–3, paragraph (c)(1)(vi), Example 1, line 7 from the bottom of the paragraph, the language ‘‘Form 8832 after September 13, 1998, it will’’ is corrected to read ‘‘Form 8832 after September 14, 1998, it will’’. Cynthia E. Grigsby, Chief, Regulations Unit, Assistant Chief Counsel (Corporate).

[FR Doc. 97–6390 Filed 3–12–97; 8:45 am]

BILLING CODE 4830–01–U

ENVIRONMENTAL PROTECTION AGENCY

40 CFR Part 52

[KS 002–1022; FRL–5707–9]

Approval and Promulgation of Implementation Plans—State of Kansas; Correction

AGENCY: Environmental Protection Agency (EPA).

ACTION: Final rule; correction.

SUMMARY: The EPA published a document in the October 2, 1996,

February 26, 1997. The Final rule codifies the provisions of Special Federal Aviation Regulation (SFAR) No. 50–2, Special Flight Rules in the Vicinity of Grand Canyon National Park (GCNP); Modifies the dimensions of the GCNP Special Flight Rules Area establishes new and modifies existing flight-free zones; establishes new and modifies existing flight corridors; establishes reporting requirements for commercial sightseeing companies operating during certain time periods; and limits the number of aircraft that can be used for commercial sightseeing operaitons in the GCNP Special Flight Rules Areas.

EFFECTIVE DATES: The effective date of May 1, 1997, for 14 CFR 93.301, 93.305, and 93.307, is delayed until 0901 UTC January 31, 1998. SFAR No. 50–2 is reinstated and amended effective 0901 UTC May 1, 1997. SFAR No. 50–2, Setions 2, 3, 6, 7, and 8 are removed effective 0901 UTC May 1, 1997.

FOR FURTHER INFORMAITON CONTACT: Neil Saunders, (202–267–8783).

Correction of Publication

In the rule document (FR Doc. 97– 4824) on page 8863 in the issue of Wednesday, February 26, 1997, Amendment nubmers were inserted incorrectly, and an SFAR number was omitted in the docket line of the heading. Please make the following corrections: On page 8862, column 1, in the heading, the docket line in brackets is corrected to read as set forth above.

Issued in Washington, DC on March 5, 1997. Donald P. Byrne, Assistant Chief Counsel.

[FR Doc. 97–6395 Filed 3–12–97; 8:45 am]

BILLING CODE 4910–13–M

DEPARTMENT OF HEALTH AND HUMAN SERVICES

Food and Drug Administration

21 CFR Parts 600 and 601

[Docket No. 95N–0411]

RIN 0910–AA71

Elimination of Establishment License Application for Specified Biotechnology and Specified Synthetic Biological Products; Correction

AGENCY: Food and Drug Administration, HHS.

ACTION: Final rule; correction.

SUMMARY: The Food and Drug Administration (FDA) is correcting a

final rule that appeared in the Federal Register of May 14, 1996 (61 FR 24227). The document amended the biologics regulations to eliminate the establishment license application (ELA) requirement for certain biotechnology and synthetic biological products subject to licensing under the Public Health Service Act (PHS Act); exempted these biotechnology and synthetic biological products from certain biologics regulations; and harmonized the requirements applicable to these products with those applicable to similar drug products which are approved under the Federal Food, Drug, and Cosmetic Act (the act). The document referenced certain regulations that were later removed from Title 21 of the Code of Federal Regulations (CFR). This document removes those references to ensure the consistency and accuracy of the CFR.

EFFECTIVE DATE: March 13, 1997. FOR FURTHER INFORMATION CONTACT: Sharon A. Carayiannis, Center for Biologics Evaluation and Research (HFM–630), Food and Drug Administration, 1401 Rockville Pike, suite 400S, Rockville, MD 20852–1448, 301–594–3074. In FR Doc. 96–12144, appearing on page 24227, in the Federal Register of Tuesday, May 14, 1996, the following corrections are made:

On page 24230, in the 2d column, in the 4th full paragraph, in the 8th line, remove ‘‘; 601.30 to 601.33;’’ and add ‘‘, 601.33;’’ in their place.

§ 601.2 [Corrected] 2. On page 24233, in the 2d column, § 601.2(c)(3) is corrected by removing ‘‘, 601.30, 601.31, 601.32’’.

Dated: March 6, 1997. William K. Hubbard, Associate Commissioner for Policy Coordination.

[FR Doc. 97–6359 Filed 3–12–97; 8:45 am]

BILLING CODE 4160–01–F

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 301

[TD 8697]

RIN 1545–AT91

Simplification of Entity Classification Rules; Correction

AGENCY: Internal Revenue Service, Treasury.

ACTION: Correction to the final regulations.