[Federal Register Volume 77, Number 123 (Tuesday, June 26, 2012)]
[Proposed Rules]
[Pages 38016-38017]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-15339]
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DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Chapter I
[Docket No. FAA-2012-0658]
Proposed Policy Clarification for the Registration of Aircraft to
U.S. Citizen Trustees in Situations Involving Non-U.S. Citizen Trustors
and Beneficiaries
AGENCY: Federal Aviation Administration, DOT.
ACTION: Proposed Policy; Availability of Documents for Inspection and
Extension of Time in which to Submit Written Comments.
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SUMMARY: The FAA is extending the comment period on its proposed policy
regarding the registration of aircraft to U.S. Citizen Trustees in
situations involving Non-U.S. citizen trustors and beneficiaries.
DATES: The FAA is extending the comment period to August 17, 2012.
FOR FURTHER INFORMATION CONTACT: LaDeana Peden at 405-954-3296, Office
of Aeronautical Center Counsel, Federal Aviation Administration.
SUPPLEMENTARY INFORMATION: Incident to a public meeting held by the
Federal Aviation Administration (FAA) on Wednesday, June 6, 2012, in
Oklahoma City, Oklahoma, concerning aircraft registration by owner
trustees for non-U.S. citizen beneficiaries, interested parties have
submitted written comments to FAA. Those comments, as well as the
Notice of Public Meeting and FAA slide presentation may be viewed at
the Office of Chief Counsel's FAA Web site located at http://
www.faa.gov/
[[Page 38017]]
about/office--org/headquarters--offices/agc/. The comment period is
hereby extended through Friday, August 17, 2012, and may be submitted
via email to [email protected].
As part of its review of non-citizen trusts, the FAA published a
notice of its proposed policy clarification on February 9, 2012 (77 FR
6694) on use of non-citizen trusts to register aircraft in the United
States. After the FAA discusses the legal issues, the FAA will suggest
which provisions in trust agreements may need to be changed and it will
suggest language that would enable the FAA to facilitate the
registration of aircraft in the future that are owned in trust. The
suggested language and the reasons for the suggested language, if
adopted as the FAA's final policy on this matter, will guide the FAA in
the future in determining eligibility for registering non-U.S. citizen
trusts.
Authority: 49 U.S.C. 106g, 40113, 44701.
Issued in Oklahoma City, Oklahoma, on June 13, 2012.
Joseph R. Standell,
Aeronautical Center Counsel.
[FR Doc. 2012-15339 Filed 6-25-12; 8:45 am]
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