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  <FDSYS>
    <CFRTITLE>17</CFRTITLE>
    <CFRTITLETEXT>Commodity and Securities Exchanges</CFRTITLETEXT>
    <VOL>3</VOL>
    <DATE>2012-04-01</DATE>
    <ORIGINALDATE>2012-04-01</ORIGINALDATE>
    <COVERONLY>false</COVERONLY>
    <TITLE>Form N-54A, notification of election to be subject to sections 55 through 65 of the Investment Company Act of 1940 filed pursuant to section 54(a) of the Act.</TITLE>
    <GRANULENUM>274.53</GRANULENUM>
    <HEADING>Section 274.53</HEADING>
    <ANCESTORS>
      <PARENT HEADING="Title 17" SEQ="3">Commodity and Securities Exchanges</PARENT>
      <PARENT HEADING="CHAPTER II" SEQ="2">SECURITIES AND EXCHANGE COMMISSION (CONTINUED)</PARENT>
      <PARENT HEADING="PART 274" SEQ="1">FORMS PRESCRIBED UNDER THE INVESTMENT COMPANY ACT OF 1940</PARENT>
      <PARENT HEADING="Subpart A" SEQ="0">Registration Statements</PARENT>
    </ANCESTORS>
  </FDSYS>
  <SECTION>
    <PRTPAGE P="932"/>
    <SECTNO>§ 274.53</SECTNO>
    <SUBJECT>Form N-54A, notification of election to be subject to sections 55 through 65 of the Investment Company Act of 1940 filed pursuant to section 54(a) of the Act.</SUBJECT>
    <P>This form shall be used pursuant to section 54(a) of the Investment Company Act of 1940 [15 U.S.C. 80a-53(a)] by a company of the type defined in sections 2(a)(48) (A) and (B) of the Investment Company Act of 1940 (15 U.S.C. 80a-2(a)(48) (A) and (B) to notify the Securities and Exchange Commission of its election to be subject to the provisions of sections 55 through 65 of said Act [15 U.S.C. 80a-54 through 64].</P>
    <FP>The text of the form is set forth in the appendix to this release. <SU>2</SU>
      <FTREF/>
    </FP>
    <FTNT>
      <P>
        <SU>2</SU> A copy of Form N-54A accompanied this release as originally filed in the Office of the Federal Register.</P>
    </FTNT>
    <CITA>[47 FR 10520, Mar. 11, 1982]</CITA>
  </SECTION>
</CFRGRANULE>
