Prepayment of Certain Small Business Investment and Certified Development Company Debentures

Zusammenfassung

On October 22, 1994, the President signed Public law 103-403, The Small Business Administration Reauthorization and Amendments Act of 1994. Title V of that Act, ``Relief From Debenture Prepayment Penalties'', authorizes the Small Business Administration (SBA) to provide for relief from prepayment penalties currently imposed on certain issuers of debentures under the Small Business Investment Act of 1958 (Act). This interim final rule, published in accordance with Public Law 103-403, implements this new program.