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Withdrawal of the Notice of Proposed Exemption Involving Chrysler Group LLC (Chrysler Group) and Daimler AG (Daimler)




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American Government Topics:  Chrysler LLC, Daimler AG

Withdrawal of the Notice of Proposed Exemption Involving Chrysler Group LLC (Chrysler Group) and Daimler AG (Daimler)

Ivan L. Strasfeld
Federal Register
September 13, 2011


[Federal Register Volume 76, Number 177 (Tuesday, September 13, 2011)]
[Notices]
[Pages 56481-56482]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-23111]


=======================================================================
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DEPARTMENT OF LABOR

Employee Benefits Security Administration

[Exemption Application Number D-11603-07]


Withdrawal of the Notice of Proposed Exemption Involving Chrysler 
Group LLC (Chrysler Group) and Daimler AG (Daimler)

    In the Federal Register dated September 16, 2010, (75 FR 56575), 
the Department of Labor (the Department) published a notice of pendency 
(the Notice) of a proposed exemption from the prohibited transaction 
restrictions of the Employee Retirement Income Security Act of 1974, as 
amended, and from certain taxes imposed by the Internal Revenue Code of 
1986, as amended. The Notice concerned an application filed on behalf 
of Chrysler Group, located in Auburn Hills, Michigan, and Daimler, 
located in Stuttgart, Germany, (collectively, the Applicants) for 
transactions relating to and including the contribution of notes issued 
by Daimler to certain employee benefit plans sponsored by the Chrysler 
Group.
    By e-mails dated December 3, 2010 and July 27, 2011 from Chrysler 
Group and Daimler, respectively, the Applicants requested that the 
application for exemption be withdrawn. Accordingly, the Department has 
determined to withdraw the above-cited Notice.

FOR FURTHER INFORMATION CONTACT: Chris Motta of the Department, 
telephone (202) 693-8540. (This is not a toll-free number.)


[[Page 56482]]


    Dated: September 6, 2011.
Ivan L. Strasfeld,
Director of Exemption Determinations, Employee Benefits Security 
Administration, U.S. Department of Labor.
[FR Doc. 2011-23111 Filed 9-12-11; 8:45 am]
BILLING CODE 4510-29-P



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