Order Recognizing Substantial Similarity of EU, Canadian, and USEITI Resource Extraction Payment Disclosure Requirements to Rule 13q-1

1See Section II.J.3.b of Exchange Act Release No. 34–78167 (June 27, 2016). search the docket number for this action. Anyone is able to search the electronic form of all comments received into any of the FAA’s dockets by the name of the individual submitting the comment (or signing the comment, if submitted on behalf of an association, business, labor union, etc.). C. Small Business Regulatory Enforcement Fairness Act The Small Business Regulatory Enforcement Fairness Act (SBREFA) of 1996 requires FAA to comply with small entity requests for information or advice about compliance with statutes and regulations within its jurisdiction. A small entity with questions regarding this document, may contact its local FAA official, or the person listed under the FOR FURTHER INFORMATION CONTACT heading at the beginning of the preamble. To find out more about SBREFA on the Internet, visit http:// www.faa.gov/regulations_policies/ rulemaking/sbre_act/. List of Subjects in 14 CFR Part 145 Aircraft, Aviation safety, and Reporting and recordkeeping requirements. The Amendment In consideration of the foregoing, the Federal Aviation Administration amends chapter I of title 14, Code of Federal Regulations as follows: PART 145—REPAIR STATIONS ■ 1. The authority citation for part 145 continues to read as follows: Authority: 49 U.S.C. 106(g), 40113, 44701– 44702, 44707, 44709, 44717. ■ 2. Amend § 145.61 by— ■ A. Removing ‘‘and’’ from the end of paragraph (b)(11); ■ B. Removing the period from the end of paragraph (b)(12) and adding ‘‘; and’’ in its place; and ■ C. Adding paragraph (b)(13). The addition reads as follows: § 145.61 Limited ratings.

---

(b) * * * (13) Any other purpose for which the FAA finds the applicant’s request is appropriate.

---

■ 3. Revise § 145.13 to read as follows: § 145.103 Housing and facilities requirements. (a) Each certificated repair station must provide— (1) Housing for the facilities, equipment, materials, and personnel consistent with its ratings and limitations. (2) Facilities for properly performing the maintenance, preventive maintenance, or alterations of articles or the specialized service for which it is rated. Facilities must include the following: (i) Sufficient work space and areas for the proper segregation and protection of articles during all maintenance, preventive maintenance, or alterations. (ii) Segregated work areas enabling environmentally hazardous or sensitive operations such as painting, cleaning, welding, avionics work, electronic work, and machining to be done properly and in a manner that does not adversely affect other maintenance or alteration articles or activities; (iii) Suitable racks, hoists, trays, stands, and other segregation means for the storage and protection of all articles undergoing maintenance, preventive maintenance, or alterations, and; (iv) Space sufficient to segregate articles and materials stocked for installation from those articles undergoing maintenance, preventive maintenance, or alterations to the standards required by this part. (v) Ventilation, lighting, and control of temperature, humidity, and other climatic conditions sufficient to ensure personnel perform maintenance, preventive maintenance, or alterations to the standards required by this part. (b) A certificated repair station may perform maintenance, preventive maintenance, or alterations on articles outside of its housing if it provides suitable facilities that are acceptable to the FAA and meet the requirements of § 145.103(a) so that the work can be done in accordance with the requirements of part 43 of this chapter. ■ 4. Amend § 145.205(d) by revising the introductory text of paragraph (d) to read as follows: § 145.205 Maintenance, preventive maintenance, and alterations performed for certificate holders under parts 121, 125, and 135, and for foreign persons operating a U.S.-registered aircraft in common carriage under part 129.

---

(d) The FAA may grant approval for a certificated repair station to perform line maintenance for an air carrier certificated under part 121 or part 135 of this chapter, or a foreign air carrier or foreign person operating a U.S.- registered aircraft in common carriage under part 129 of this chapter on any aircraft of that air carrier or person, provided-

---

Issued under authority provided by 49 U.S.C. 106(f), 44701(a), and 44703 in Washington, DC, on July 15, 2016. Michael Huerta, Administrator. [FR Doc. 2016–17612 Filed 7–26–16; 8:45 am] BILLING CODE 4910–13–P SECURITIES AND EXCHANGE COMMISSION 17 CFR Part 240 [Release No. 34–78169] Order Recognizing the Resource Extraction Payment Disclosure Requirements of the European Union, Canada and the U.S. Extractive Industries Transparency Initiative as Substantially Similar to the Requirements of Rule 13q–1 Under the Securities Exchange Act of 1934 AGENCY: Securities and Exchange Commission. ACTION: Order. SUMMARY: We are issuing an order recognizing the resource extraction payment disclosure requirements of the European Union, Canada and the U.S. Extractive Industries Transparency Initiative as substantially similar to the requirements of Rule 13q–1 under the Securities Exchange Act of 1934. DATES: July 27, 2016. FOR FURTHER INFORMATION CONTACT: Shehzad K. Niazi, Special Counsel; Office of Rulemaking, Division of Corporation Finance, at (202) 551–3430; or Elliot Staffin, Special Counsel; Office of International Corporate Finance, Division of Corporation Finance, at (202) 551–3450, U.S. Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549. SUPPLEMENTARY INFORMATION: Order Recognizing the Resource Extraction Payment Disclosure Requirements of the European Union, Canada and the U.S. Extractive Industries Transparency Initiative as Substantially Similar to the Requirements of Rule 13q–1 under the Securities Exchange Act of 1934 (‘‘Exchange Act’’). June 27, 2016 For the reasons set forth in the adopting release for Rule 13q–1 and the accompanying amendments to Form SD,1 the Commission hereby finds that the following resource extraction payment disclosure regimes are substantially similar to the disclosure

requirements of Rule 13q–1 for purposes of the alternative reporting provisions of paragraph (c) of Item 2.01 of Form SD:

1. Directive 2013/34/EU of the European Parliament and of the Council of 26 June 2013 on the annual financial statements, consolidated financial statements and related reports of certain types of undertakings (‘‘EU Accounting Directive’’) as implemented in a European Union or European Economic Area member country;
2. Directive 2013/50/EU of the European Parliament and of the Council of 22 October 2013 amending Directive 2004/109/EC on transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market, Directive 2003/71/EC of the European Parliament and of the Council on the prospectus to be published when securities are offered to the public or admitted to trading and Commission Directive 2007/14/EC on the implementation of certain provisions of Directive 2004/109/EC (‘‘EU Transparency Directive’’) as implemented in a European Union or European Economic Area member country;
3. Canada’s Extractive Sector Transparency Measures Act (‘‘ESTMA’’); and
4. The U.S. Extractive Industries Transparency Initiative (‘‘USEITI’’). Issuers are advised that our determination of substantial similarity with respect to each of these four regimes may be subject to reconsideration if there should be any significant modifications to those regimes. The Commission also hereby finds that this determination is in the public interest and consistent with the protection of investors. Accordingly, it is hereby ordered pursuant to Section 36(a) of the Exchange Act that a resource extraction issuer, as defined in Item 2.01(d) of Form SD, that files a report complying with the reporting requirements of either the EU Accounting Directive or the EU Transparency Directive, in each case as implemented in a European Union or European Economic Area member country, ESTMA, or the USEITI, in accordance with the requirements set forth in paragraph (c) of Item 2.01(c) of Form SD and the conditions specified below, will satisfy its disclosure obligations under Rule 13q–1. Conditions
5. USEITI reports only satisfy a resource extraction issuer’s disclosure obligations under Item 2.01(a) of Form SD for payments made to the Federal Government.
6. A resource extraction issuer may not follow the USEITI submission deadline to the extent it differs from the 150 day deadline in General Instruction B.2 of Form SD and must provide the required payment information on a fiscal year basis. By the Commission. Brent J. Fields, Secretary. [FR Doc. 2016–15677 Filed 7–26–16; 8:45 am] BILLING CODE 8011–01–P