Delegation of Authority
Federal Register, Volume 81 Issue 233 (Monday, December 5, 2016)
Federal Register Volume 81, Number 233 (Monday, December 5, 2016)
Notices
Pages 87646-87647
From the Federal Register Online via the Government Publishing Office www.gpo.gov
FR Doc No: 2016-29093
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SMALL BUSINESS ADMINISTRATION
Delegation of Authority
AGENCY: U.S. Small Business Administration.
ACTION: Notice of delegation of authority.
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SUMMARY: This document provides the public with notice of the delegation of authority for certain activities related to the licensing of small business investment companies by the Administrator of the Small Business Administration (SBA) to the Agency Licensing Committee.
FOR FURTHER INFORMATION CONTACT: Carol Fendler, Office of Investment and Innovation, U.S. Small Business Administration, 409 3rd Street SW., Washington, DC 20416; (202) 205-7559 or carol.fendler@sba.gov.
SUPPLEMENTARY INFORMATION: This document provides the public with notice of the Administrator's delegation of authority to the Agency Licensing Committee to review and recommend to the Administrator for approval applications for licenses to operate as a small business investment company under the Small Business Investment Act of 1958, as amended.
This delegation of authority reads as follows:
Pursuant to the authority vested in me pursuant to section 301 of the Small Business Investment Act of 1958, as amended, the authority to take any and all actions necessary to review applications for licensing under section 301 of the Small Business Investment Act of 1958, as amended, and to recommend to the Administrator which such applications should be approved is delegated to the Agency Licensing Committee.
The Agency Licensing Committee shall be composed of the following members:
Deputy Administrator, Chair
Associate Administrator for Capital Access
Associate Administrator for Investment and Innovation
Associate Administrator for Government Contracting and Business Development
Deputy General Counsel
Chief Financial Officer
This authority revokes all other authorities granted by the Administrator to recommend and approve applications for a license to operate as a small business investment company under the Small Business Investment Act of 1958, as amended. This authority may not be re-
delegated; however, in the event that the person serving in one of the positions listed as a member of the Agency Licensing Committee is absent from the office, as defined in SBA Standard Operating Procedure 00 01 2, Chapter 3, paragraph 2, or is unable to perform the functions and duties of his or her position, the individual serving in an acting capacity, pursuant to a
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written and established line of succession, may serve on the Committee during such absence or inability. In addition, if one of the positions listed as a member of the Agency Licensing Committee is vacant, the individual serving in that position in an acting capacity shall serve on the Agency Licensing Committee. This authority will remain in effect until revoked in writing by the Administrator or by operation of law.
Dated: November 16, 2016.
Maria Contreras-Sweet,
Administrator.
FR Doc. 2016-29093 Filed 12-2-16; 8:45 am
BILLING CODE 8025-01-P
