[Federal Register Volume 61, Number 223 (Monday, November 18, 1996)] [Notices] [Page 58716] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 96-29440] ======================================================================= ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION Proposed Collection; Comment Request Upon Written Request, Copies Available From: Securities and Exchange Commission, Office of Filings and Information Services, Washington, DC 20549 Extension: Rule 18f-3--SEC File No. 270-385--OMB Control No. 3235-0441 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 publishing for public comment the following summary of previously approved information collection requirements. Rule 18f-3 permits any registered open-end management investment company that satisfies its conditions to issue multiple classes of shares representing interests in the same portfolio of securities but having different arrangements for shareholder services, distribution, or both. Rule 18f-3 requires, among other things, that a multiple class fund adopt a written plan setting forth the different class arrangements. The Commission estimates that approximately 600 investment companies use rule 18f-3 and that the annual paperwork burden is approximately one hour per respondent, for a total of about 600 burden hours. The estimate of average burden hours is made solely for the purposes of the Paperwork Reduction Act, and is not derived from a comprehensive or even a representative survey or study. Written comments are requested on: (a) whether the collections of information are necessary for the proper performance of the functions of the Commission, including whether the information has practical utility; (b) the accuracy of the Commission's estimate of the burdens 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 technology. Consideration will be given to comments and suggestions submitted in writing within 60 days of this publication. Direct your written comments to Michael E. Bartell, Associate Executive Director, Office of Information Technology, Securities and Exchange Commission, 450 5th Street, N.W., Washington, DC 20549. Dated: November 7, 1996. Margaret H. McFarland, Deputy Secretary. [FR Doc. 96-29440 Filed 11-15-96; 8:45 am] BILLING CODE 8010-01-M