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25466 Federal Register / Vol. 70, No.

92 / Friday, May 13, 2005 / Rules and Regulations

maintain a separate registration at the (iv) Whether central records will be Federal Register a proposed revision of
location of each long term care facility maintained in a manual, or computer Part 203.
at which automated dispensing systems readable, form. The comment period was May 8,
are located. If more than one registered (2) A registered retail pharmacy that 2003, to July 8, 2002.
retail pharmacy operates automated possesses additional registrations for The Agency received comments from
dispensing systems at the same long automated dispensing systems at long eleven private voluntary organizations
term care facility, each retail pharmacy term care facilities may keep all records (PVOs) as well as comments from two
must maintain a registration at the long required by this part for those additional cooperative development organizations
term care facility. registered sites at the retail pharmacy or (CDOs). The following summarizes the
(c) A registered retail pharmacy other approved central location. principal comments and actions taken:
applying for a separate registration to * * * * * 1. Annual Documentation
operate an automated dispensing system Requirements (see § 203.5). For PVOs
for the dispensing of controlled PART 1307—MISCELLANEOUS submitting an Office of Management
substances at a long term care facility is and Budget (OMB) Circular A–133
exempt from application fees for any ■ 8. The authority citation for part 1307 Audit, the due date for submitting
such additional registrations. continues to read as follows: annual documents was changed from
Authority: 21 U.S.C. 821, 822(d), 871(b), six months to nine months following the
PART 1304—RECORDS AND unless otherwise noted. organization’s fiscal year end to take
REPORTS OF REGISTRANTS into account the time required for the
■ 9. Section 1307.11 is amended by registrant to prepare the OMB Circular
■ 6. The authority citation for part 1304 adding a new paragraph (c) to read as A–133 audit.
continues to read as follows: follows: 2. Submission of Documents. A
§ 1307.11 Distribution by dispenser to
comment expressed opposition to
Authority: 21 U.S.C. 821, 827, 871(b),
another practitioner or reverse distributor. submitting duplicate documents to
958(e), 965, unless otherwise noted.
various offices within USAID. The
■ 7. Section 1304.04 is amended by * * * * *
words ‘‘the same or’’ were deleted from
revising paragraph (a) to read as follows: (c) The distributions that a registered
203.4(d). The sentence now reads:
retail pharmacy makes to automated
§ 1304.04 Maintenance of records and ‘‘Other USAID officials may request
dispensing systems at long term care
inventories. similar information at a later date for
facilities for which the retail pharmacy
purposes of determining the PVO’s
(a) Except as provided in paragraphs also holds registrations do not count
eligibility for a particular grant or
(a)(1) and (a)(2) of this section, every toward the 5 percent limit in paragraphs
cooperative agreement.’’
inventory and other records required to (a)(1)(iv) and (b) of this section. 3. Registration Status—Transition
be kept under this part must be kept by Dated: May 5, 2005. Provisions. PVOs currently registered
the registrant and be available, for at William J. Walker, will continue to be registered under the
least 2 years from the date of such Deputy Assistant Administrator, Office of new rule. The new annual
inventory or records, for inspection and Diversion Control. documentation requirements are in
copying by authorized employees of the [FR Doc. 05–9538 Filed 5–12–05; 8:45 am] effect as of the date of the new rule. The
Administration. previous rule and the new rule are
BILLING CODE 4410–09–P
(1) Financial and shipping records available on the USAID Web site at
(such as invoices and packing slips but http://www.usaid.gov Keyword: PVO
not executed order forms subject to Registration. New applicants will be
AGENCY FOR INTERNATIONAL
§§ 1305.17 and 1305.27 of this chapter) required to submit their applications
DEVELOPMENT
may be kept at a central location, rather and documentation under the revised
than at the registered location, if the 22 CFR Part 203 Conditions of Registration and new
registrant has notified the rules.
Administration of his intention to keep Registration of Agencies for Voluntary 4. Registration of CDOs. Two
central records. Written notification Foreign Aid; Summary of Comments comments were made with regard to the
must be submitted by registered or elimination of Registration eligibility for
certified mail, return receipt requested, AGENCY: U.S. Agency for International
Development, USAID. IRS 501(c)(4) and 501(c)(6)
in triplicate, to the Special Agent in organizations, specifically cooperative
Charge of the Administration in the area ACTION: Final rule.
development organizations (CDOs). The
in which the registrant is located. SUMMARY: USAID is revising Part 203 in Agency’s intent is not to eliminate CDOs
Unless the registrant is informed by the its entirety to clarify the purposes of from the U.S. PVO Registry at http://
Special Agent in Charge that permission Registration and to emphasize that www.usaid.gov Keyword: Registry.
to keep central records is denied, the organizations must be private and Therefore, CDOs will continue to be
registrant may maintain central records voluntary in nature in order to be listed in the Registry and will continue
commencing 14 days after receipt of his registered. to be required to meet the annual
notification by the Special Agent in documentation requirements in § 203.5.
Charge. All notifications must include DATES: Effective Date: May 13, 2005.
(see § 203.12)
the following: FOR FURTHER INFORMATION CONTACT: 5. AID Form 1550–2. A comment
(i) The nature of the records to be kept Mary Q. Newton, Registrar, Office of requested that PVOs not currently
centrally. Private Voluntary Cooperation— receiving funding from the U.S.
(ii) The exact location where the American Schools & Hospitals Abroad; Government for overseas programs not
records will be kept. telephone: 202–712–4747; telefax: 202– be required to submit the AID Form
(iii) The name, address, DEA 216–3041 or e-mail: 1550–2. The suggested change was not
registration number and type of DEA mnewton@usaid.gov. adopted since AID Form 1550–2
registration of the registrant whose SUPPLEMENTARY INFORMATION: On May 7, provides current demographic
records are being maintained centrally. 2002, the Agency published in the information on each PVO as well as

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Federal Register / Vol. 70, No. 92 / Friday, May 13, 2005 / Rules and Regulations 25467

financial information. The AID Form (2) Provide USAID with information general purposes of the Foreign
1550–2 has a two-fold purpose: for computing the amount of USAID Assistance Act and/or Public Law 480.
collecting data required to determine funding made available to PVOs. (5) Is not recognized as a Public
whether the organization meets USAID’s (b) It is not the purpose of registration International Organization according to
Conditions of Registration and provide to allow or enable registered PVOs to USAID’s Automated Directives System
USAID with the information for make any representation to the public (ADS) 308.3.
computing the amount of USAID concerning the meaning of being (f) Local Private Voluntary
funding made available to PVOs. Until registered with USAID. Promotional Organization (LPVO) means a non-U.S.
an applicant completes the AID Form materials or advertisements suggesting based PVO that meets the definition of
1550–2 in its entirety, the Agency otherwise will be grounds for removal an International Private Voluntary
cannot determine whether that from the USAID PVO Registry. Organization, except that it operates
applicant meets the Conditions of (c) Registration does not bring an only in the same foreign country in
Registration. organization within the Ambassador’s which it is organized. LPVOs are not
6. Registration of Non-U.S. PVOs. One authority and responsibility for the required to register with USAID/
comment concerned the Registration on security of U.S. Government operations Washington but USAID Missions may
non-U.S. PVOs. There are two types of and personnel abroad. require some other eligibility method
non-U.S. PVOs: Local and International. when making awards.
§ 203.2 Definitions.
A ‘‘Local PVO’’ is a non-U.S. PVO (g) Non-U.S. Private Voluntary
As used in this part: Organization (Non-U.S. PVO) means an
operating in the same foreign country in (a) Cooperative Development
which it is organized. Local PVOs are entity that meets the definition of a U.S.
Organization (CDO) means an
not required to register with USAID/ PVO, but is not headquartered in the
organization designated by USAID as a
Washington. An ‘‘International PVO’’ is United States. Non-U.S. PVOs include
voluntary, independent business
a non-U.S. PVO that performs both Local Private Voluntary
enterprise formed to meet specific needs
development work in one or more Organizations and International Private
of its members through a common
countries other than the country in Voluntary Organizations.
venture.
which it is domiciled. International (h) Nongovernmental Organization
(b) Foreign Assistance Act (FAA)
PVOs are required to register with (NGO) means any nongovernmental
means the Foreign Assistance Act of
USAID. The Registration procedures for organization or entity, whether
1961, as amended, 22 U.S.C. 2151, et
International PVOs have been added nonprofit or profit-making.
seq.
(see § 203.6). (c) General Public means citizens and (i) Nonprofit organization means any
nongovernmental organizations (NGOs). corporation, trust, association,
List of Subjects in 22 CFR Part 203 cooperative or other organization that is
The general public does not include
Foreign aid, Nonprofit organizations. government agencies in the United operated primarily for service,
States or abroad, or public international charitable, scientific, educational or
■ Accordingly, 22 CFR Part 203 is organizations such as the United other similar purposes; is not organized
revised as follows. Nations and the World Health for profit; and uses its net proceeds to
Organization. maintain, improve, and/or expands its
PART 203—REGISTRATION OF operations.
PRIVATE VOLUNTARY (d) Headquarters means the principal
executive office where legal, accounting, (j) Private Voluntary Organization
ORGANIZATIONS (PVOs) (PVO) See U.S. Private Voluntary
and administrative information may be
Sec. accessed in the daily course of Organization, International Private
203.1 Purpose. conducting business. Voluntary Organization, and Local
203.2 Definitions. (e) International Private Voluntary Private Voluntary Organization.
203.3 U.S. PVO conditions of registration. Organization (IPVO) means an entity (k) Public International Organization
203.4 U.S. PVO initial documentation that: (PIO) means a non-U.S. based
requirements. (1) Is non-U.S. based in that it is organization (i.e., composed principally
203.5 U S. PVO annual documentation of governments) in which the U.S.
requirements.
organized under the laws of the country
in which it is domiciled; participates. (See USAID’s Automated
203.6 IPVO conditions of registration.
203.7 IPVO initial documentation (2) Is a private nongovernmental Directives System (ADS) 308.3).
requirements. organization (NGO) that solicits and (l) Public Law 480 means the
203.8 IPVO annual documentation receives cash contributions from the Agricultural Trade Development and
requirements. general public; Assistance Act of 1954, as amended, 7
203.9 Denial of registration. (3) Is a charitable organization in that U.S.C. 1691, et seq.
203.10 Termination of registration. it is nonprofit and tax exempt under the (m) Solicits means to undertake a
203.11 Access to records and laws of its country of domicile and substantial effort to obtain donations.
communications. operation, and is not a university, (n) Supporting Services means the
203.12 Cooperative Development total of general and administration
Organizations (CDOs).
college, accredited degree-granting
203.13 Delegation of authority. institution of education, private expenses plus fundraising expenses.
foundation, hospital, organization (o) USAID means the U.S. Agency for
Authority: Sec. 621, Foreign Assistance engaged exclusively in research or International Development.
Act of 1961, as amended (22 U.S.C. 2381).
scientific activities, church, synagogue, (p) U.S. Private Voluntary
§ 203.1 Purpose. mosque or other similar entities Organization (U.S. PVO) means an
organized primarily for religious entity that:
(a) USAID registers PVOs to: purposes; and (1) Is organized under the laws of the
(1) Meet statutory and regulatory (4) Conducts, or anticipates United States and headquartered in the
requirements that a U.S. PVO be conducting, program activities in one or United States;
registered with USAID as a condition for more countries other than its country of (2) Is a nongovernmental organization
USAID funding. origin that are consistent with the (NGO) that solicits and receives cash

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25468 Federal Register / Vol. 70, No. 92 / Friday, May 13, 2005 / Rules and Regulations

contributions from the U.S. general program activities that are consistent Web site http://www.usaid.gov
public; with the general purposes of the Foreign Keyword: PVO Registration. The
(3) Is a charitable organization in that Assistance Act and/or Public Law 480. completed application must include:
it is nonprofit and exempt from Federal (e) Condition No. 5 (Board of (1) A cover letter with
income taxes under section 501(c)(3) of Directors). Has a governing body: (i) The reason for applying for
the Internal Revenue Code, and is not a (1) That meets at least annually; registration; and
university, college, accredited degree- (2) Whose members do not receive (ii) A description of current or
granting institution of education, private any form of income for serving on the intended overseas program activities;
foundation, hospital, organization board; and (2) Articles of incorporation on state
established by a major political party in (3) Whose majority is not composed of letterhead with state seal and
the United States, organization the PVO’s officers or staff members. authorizing state official’s signature;
established, funded and audited by the (f) Condition No. 6 (Financial (3) Bylaws establishing the applicant’s
U.S. Congress, organization engaged Viability). That it: corporate structure;
exclusively in research or scientific (1) Accounts for its funds in (4) IRS Form 990 and a copy of an IRS
activities, church, synagogue, mosque or accordance with generally accepted letter of tax exemption;
other similar entity organized primarily accounting principles (GAAP); (5) Audited financial statements for
for religious purposes; and (2) Has a sound financial position; the most recent fiscal year prepared on
(4) Conducts, or anticipates (3) Provides its financial statements to an accrual basis in accordance with
conducting, overseas program activities the public upon request; and generally accepted accounting
that are consistent with the general (4) Has been incorporated for not less principles (GAAP) by an independent
purposes of the Foreign Assistance Act than 18 months. certified public accountant (CPA); an
and/or Public Law 480. (g) Condition No. 7 (Program Office of Management and Budget
Activities vs. Supporting Services). That (OMB) Circular A–133 audit, if
§ 203.3 U.S. PVO conditions of it: applicable;
registration. (1) Expends and distributes its funds (6) Annual report or similar document
There are eight Conditions of in accordance with the annual report of that describes overall program activities
Registration for U.S. organizations. The program activities; for the same year as the audit, including
first four Conditions relate to whether (2) Does not expend more than 40 a list of board members;
an organization meets the definition of percent of total expenses on supporting (7) AID Form 1550–2, PVO Annual
a U.S. PVO, as set forth in § 203.2 (p), services. Return; and
while the last four Conditions establish (3) In order to maintain its (8) AID Form 200–1, PVO
standards by which the U.S. PVO is registration, conducts international Classification Form.
evaluated. program activities within the last three (b) In addition, each applicant must
An applicant must be registered with years. For example, if a U.S. PVO did submit such other information as
USAID as a U.S. PVO if USAID finds not have any international activities for USAID may reasonably require to
that the applicant has satisfied all of the 2004, the current year, or 2003, but did determine whether the organization
following Conditions: have activities in 2002, then it would meets the Conditions of Registration.
(a) Condition No. 1 (U.S. based). Is remain registered. However, if it did not (c) USAID may revise this list of
U.S. based in that it: have any international activities in documents from time to time.
(1) Is organized under the laws of the 2005, USAID would remove it from the (d) Other USAID officials may request
United States; and Registry in 2006 because for the information similar to that submitted
(2) Has its headquarters in the United previous three years (2003, 2004, 2005), under these regulations for other
States. it did not conduct any international purposes; for example, to determine an
(b) Condition No. 2 (Private). Is a activities. organization’s eligibility for a particular
nongovernmental organization (NGO) (h) Condition No. 8 (General grant or cooperative agreement.
and solicits and receives cash Eligibility). It is not: (e) The completed application must
contributions from the U.S. general (1) Suspended or debarred by an be sent in duplicate to the USAID
public. agency of the U.S. Government; Registrar, Office of Private Voluntary
(c) Condition No. 3 (Voluntary). Is a (2) Designated as a foreign terrorist Cooperation—American Schools &
charitable organization in that it: organization by the Secretary of State, Hospitals Abroad, 1300 Pennsylvania
(1) Is nonprofit and exempt from pursuant to Section 219 of the Avenue, NW., Washington, DC 20523–
Federal income taxes under Section Immigration and Nationality Act, as 7600.
501(C)(3) of the Internal Revenue Code; amended; or
and (3) The subject of a decision by the § 203.5 U.S. PVO annual documentation
(2) Is not a university, college, requirements.
Department of State to the effect that
accredited degree-granting institution of registration or a financial relationship (a) To maintain its registration, each
education, private foundation, hospital, between USAID and the organization is registered PVO must submit documents
organization established by a major contrary to the national defense, and forms annually. The submission
political party in the United States, national security, or foreign policy instructions and forms packet are
organization established, funded and interests of the United States. available at USAID Web site
audited by the U.S. Congress, www.usaid.gov Keyword: PVO
organization engaged exclusively in § 203.4 U.S. PVO initial documentation Registration. The completed submission
research or scientific activities, church, requirements. must include:
synagogue, mosque or other similar (a) So that USAID can determine (1) Audited financial statements for
entity organized primarily for religious whether an applicant meets the the most recent fiscal year prepared on
purposes. Conditions of Registration, an an Accrual basis in accordance with
(d) Condition No. 4 (Overseas application must be submitted in GAAP by an independent CPA; an OMB
Program Activities). Conducts, or duplicate. The application instructions Circular A–133 audit, if applicable; or
anticipates conducting, overseas and forms packet are available at USAID unaudited financial statements if total

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Federal Register / Vol. 70, No. 92 / Friday, May 13, 2005 / Rules and Regulations 25469

Support and revenue is less than (1) Is nonprofit and tax exempt under (2) Designated as a foreign terrorist
$50,000. the laws of its country of domicile and organization by the Secretary of State,
(2) Annual report or similar document operation; pursuant to Section 219 of the
that describes overall program activities (2) Is not a university, college, Immigration and Nationality Act, as
for the same year as the audit, including accredited degree-granting institution of amended; or
a list of board members; education, private foundation, hospital, (3) The subject of a decision by the
(3) AID Form 1550–2, PVO Annual organization engaged exclusively in Department of State to the effect that
Return; and research or scientific activities, church, registration or a financial relationship
(4) AID Form 200–1, PVO synagogue, mosque or other similar between USAID and the organization is
Classification Form. entity organized primarily for religious contrary to the national defense,
(b) PVOs also must submit any purposes; and national security, or foreign policy
amendments, if applicable, to its articles (3) Is not recognized as a Public interests of the United States.
of incorporation, or bylaws and any International Organization according to
§ 203.7 IPVO initial documentation
changes in the tax-exempt status. USAID’s ADS 308.3. requirements.
(c) Submission is due within six (d) Condition No. 4 (International
Program Activities). Conducts, or (a) So that USAID can determine
months after the close of the PVO’s whether an applicant meets the
fiscal year if the PVO does not prepare anticipates conducting, program
Conditions of Registration, an
an OMB Circular A–133 audit. activities in one or more countries other
application must be submitted in
(d) Submission is due within nine than its country of origin and that are
duplicate and in English. The
months after the close of the PVO’s consistent with the general purposes of
application instructions and forms
fiscal year if the PVO does prepare an the Foreign Assistance Act and/or
packet are available at USAID Web site
OMB Circular A–133 audit. Public Law 480.
http://www.usaid.gov Keyword: PVO
(e) In addition, each registrant must (e) Condition No. 5 (Board of
Registration. The completed application
submit such other information as Directors). Has a governing body:
(1) That meets at least annually; must include:
USAID may reasonably require to (1) A cover letter with
(2) Whose members do not receive
determine that the organization (i) The reason for applying for
any form of income for serving on the
continues to meet the Conditions of registration; and
board; and (ii) A description of current or
Registration. (3) Whose majority is not composed of
(f) USAID may revise this list of intended program activities abroad;
the IPVO’s officers or staff members. (2) Articles of incorporation or charter
documents from time to time. (f) Condition No. 6 (Financial
(g) Other USAID officials may request establishing the IPVO’s legal status
Viability). That it: under the laws of the country in which
information similar to that submitted (1) Accounts for its funds in
under these regulations for other it is domiciled;
accordance with generally accepted (3) Bylaws or other documents
purposes; for example, to determine the accounting principles (GAAP) or
PVO’s eligibility for a particular grant or establishing the applicant’s corporate
generally accepted accounting standards structure;
cooperative agreement. of IPVO’s country of domicile. (4) Statement of tax exemption or a
(h) The completed submission must (2) Has a sound financial position; comparable document from the country
be sent annually to the USAID Registrar, (3) Provides its financial statements to of its origin;
Office of Private Voluntary the public upon request; and (5) Audited financial statements for
Cooperation—American Schools & (4) Has been incorporated for not less the most recent fiscal year prepared on
Hospitals Abroad, 1300 Pennsylvania than 18 months. an accrual basis in accordance with
Avenue, NW., Washington, DC 20523– (g) Condition No. 7 (Program generally accepted accounting
7600. Activities vs. Supporting Services). That principles (GAAP) or generally accepted
it: accounting standards for IPVO’s country
§ 203.6 IPVO conditions of registration.
(1) Expends and distributes its funds of domicile by an independent certified
There are eight Conditions of in accordance with the annual report of
Registration for international public accountant (CPA) and in U.S.
program activities; dollars;
organizations. The first four Conditions (2) Does not expend more than 40 (6) Annual report or similar document
relate to whether an organization meets percent of total expenses on supporting that describes overall program activities
the definition of an IPVO, as set forth in services; and for the same year as the audit, including
§ 203.2(e), while the last four Conditions (3) In order to maintain its a list of board members;
establish standards by which the IPVO registration, conducts international (7) International Executive Contact
is evaluated. An applicant must be program activities within the last three Data Sheet; and
registered with USAID as an IPVO if years. For example, if an IPVO did not (8) AID Form 200–1, PVO
USAID finds that the applicant has have any international activities for Classification Form.
satisfied all of the following Conditions: 2004, the current year, or 2003, but did (b) In addition, each applicant must
(a) Condition No. 1 (Non-U.S based). have activities in 2002, then it would submit such other information as
Is non-U.S. based in that it: remain registered. However, if it did not USAID may reasonably require to
(1) Is organized under the laws of the have any international activities in determine whether the organization
country in which it is domiciled; and 2005, USAID would remove it from the meets the Conditions of Registration.
(2) Has its headquarters in the same Registry in 2006 because for the (c) USAID may revise this list of
country. previous three years (2003, 2004, 2005), documents from time to time.
(b) Condition No. 2 (Private). Is a it did not conduct any international (d) Other USAID officials may request
nongovernmental organization (NGO) activities. information similar to that submitted
and solicits and receives cash (h) Condition No. 8 (General under these regulations for other
contributions from the general public. Eligibility). It is not: purposes; for example, to determine an
(c) Condition No. 3 (Voluntary). Is a (1) Suspended or debarred by an organization’s eligibility for a particular
charitable organization in that it: agency of the U.S. Government; grant or cooperative agreement.

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25470 Federal Register / Vol. 70, No. 92 / Friday, May 13, 2005 / Rules and Regulations

(e) The completed application must (b) Reconsideration. Within 30 days Registry at www.usaid.gov Keyword:
be sent in duplicate to the USAID after receipt of a denial notification an Registry and will continue to be eligible
Registrar, Office of Private Voluntary organization may request that its for assistance that is otherwise available
Cooperation—American Schools & application be reconsidered. USAID will to registered U.S. PVOs. In order to be
Hospitals Abroad, 1300 Pennsylvania consider the request and inform the listed in the Registry as a CDO, the CDO
Avenue, NW., Washington, DC 20523– applicant in writing of USAID’s must comply with the annual
7600. subsequent decision. documentation requirements of § 203.5.
(c) Resubmission. An organization A CDO applying for registration or
§ 203.8 IPVO annual documentation
requirements.
may at any time submit a new registered under this part as a U.S. PVO
application for registration. must comply with the requirements of
(a) To maintain its registration, each
this part.
registered IPVO must submit documents § 203.10 Termination of registration.
and forms, in English, annually. The (a) Reasons. USAID may terminate § 203.13 Delegation of authority.
submission instructions and forms registration for any of the following The Administrator of USAID or his/
packet are available at USAID Web site reasons if the registrant: her designee may delegate authority to
www.usaid.gov Keyword: PVO (1) Relinquishes its registration status the Assistant Administrator of the
Registration. The completed submission voluntarily upon written notice to Bureau for Democracy, Conflict and
must include: USAID; Humanitarian Assistance to administer
(1) Audited financial statements for (2) Fails to comply with the the registration process and, in
the most recent fiscal year prepared on documentation requirements or the particular, the authority to waive,
an accrual basis in accordance with Conditions of Registration; withdraw, or amend any or all of the
GAAP or generally accepted accounting (3) Uses promotional material or provisions within this part.
standards for IPVO’s country of
advertisements suggesting that its Dated: May 5, 2005.
domicile by an independent CPA; or
USAID registration is an endorsement; Mary Newton,
unaudited financial statements if total
or
support and revenue is less than Registrar, Private Voluntary Cooperation—
(4) Refuses to transfer to USAID any American Schools & Hospitals Abroad,
$50,000 in U.S. dollars;
(2) Annual report or similar document records, documents, copies of such Bureau for Democracy, Conflict and
that describes overall program activities records or documents, or information Humanitarian Assistance.
for the same year as the audit, including referred to in this regulation and within [FR Doc. 05–9544 Filed 5–12–05; 8:45 am]
a list of board members; the registrant’s control within a BILLING CODE 6116–01–P
(3) International Executive Contact reasonable time after USAID request
Data Sheet; and them.
(4) AID Form 200–1, PVO (b) Notification of termination of
Classification Form. registration. Termination by USAID will PENSION BENEFIT GUARANTY
(b) IPVOs also must submit any include written notice to the registrant CORPORATION
amendments, if applicable, to its articles stating the grounds for the termination.
of incorporation, charter, or bylaws and (c) Reconsideration. Within 30 days 29 CFR Parts 4022 and 4044
any changes in the tax-exempt status. after receipt of a termination
Benefits Payable in Terminated Single-
(c) Submission is due within six notification an organization may request
Employer Plans; Allocation of Assets
months after the close of the IPVO’s that its termination be reconsidered.
in Single-Employer Plans; Interest
fiscal year. USAID will consider the request and
Assumptions for Valuing and Paying
(d) In addition, each registrant must inform the registrant in writing of
Benefits
submit such other information as USAID’s subsequent decision. In
USAID may reasonably require to addition, USAID may, at its own AGENCY: Pension Benefit Guaranty
determine that the organization discretion, reconsider a termination of Corporation.
continues to meet the Conditions of registration at any time. ACTION: Final rule.
Registration. (d) Resubmission. An organization
(e) USAID may revise this list of may at any time submit a new SUMMARY: The Pension Benefit Guaranty
documents from time to time. application for registration. Corporation’s regulations on Benefits
(f) Other USAID officials may request Payable in Terminated Single-Employer
information similar to that submitted § 203.11 Access to records and Plans and Allocation of Assets in
under these regulations for other communications.
Single-Employer Plans prescribe interest
purposes; for example, to determine the (a) All records, reports, and other assumptions for valuing and paying
IPVO’s eligibility for a particular grant documents that are made available to benefits under terminating single-
or cooperative agreement. USAID pursuant to this regulation must employer plans. This final rule amends
(g) The completed submission must be made available for public inspection the regulations to adopt interest
be sent annually in English to the and copying, pursuant to the Freedom assumptions for plans with valuation
USAID Registrar, Office of Private of Information Act and other applicable dates in May 2005. Interest assumptions
Voluntary Cooperation—American laws. are also published on the PBGC’s Web
Schools & Hospitals Abroad, 1300 (b) Communications from USAID will site (http://www.pbgc.gov).
Pennsylvania Avenue, NW., only be sent to the applicant’s or
EFFECTIVE DATE: June 1, 2005.
Washington, DC 20523–7600. registrant’s headquarters.
FOR FURTHER INFORMATION CONTACT:
§ 203.9 Denial of registration. § 203.12 Cooperative Development Catherine B. Klion, Attorney, Legislative
(a) Notification of denial of Organizations (CDOs). and Regulatory Department, Pension
registration. Denial of registration by CDOs are not PVOs for purposes of Benefit Guaranty Corporation, 1200 K
USAID will include written notice to registration under this part. CDOs as Street, NW., Washington, DC 20005,
the applicant stating the grounds for the part of the larger PVO community will 202–326–4024. (TTY/TDD users may
denial. continue to be listed in the U.S. PVO call the Federal relay service toll-free at

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