Grant of Individual Exemption to Make Permanent as Modified Prohibited Transaction Exemption (PTE) 91–8 Involving Equitable Life Assurance Society of the United States and its Affiliates (Equitable) and Equitable Real Estate Management, Inc. (ERE), Located in New York, New York

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This document contains a final individual exemption to make permanent as modified the temporary relief provided by PTE 91-8 (56 FR 1411/1419, January 14, 1991). PTE 91-8 is a temporary exemption which expired January 13, 1996. This exemption makes permanent as modified PTE 91-8 and provides relief for the provision of property management and/or leasing services by ERE to an Account (as defined in Section IV below), provided that the conditions set forth in Section II are met.