[Federal Register: August 9, 2000 (Volume 65, Number 154)]
[Notices]               
[Page 48714-48716]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr09au00-78]                         

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GENERAL ACCOUNTING OFFICE

 
Fastener Quality Act Amendments Act of 1999; Statutorily Required 
Study

AGENCY: General Accounting Office.

ACTION: Notice of inquiry; request for comments.

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SUMMARY: The General Accounting Office is requesting interested parties 
to provide information for a report to Congress on any changes that 
manufacturers, importers, distributors, or retailers of fasteners have 
made as a result of the ``small lot'' exemption clause of the Fastener 
Quality Act Amendments Act of 1999 (FQAAA). Fasteners include metallic 
screws, nuts, bolts, studs, or load-indicating washers; and 
manufacturers, importers, distributors and retailers make up the 
fastener industry. The FQAAA exempts those fasteners that are ``a part 
that is ordered for use as a spare, substitute, service, or replacement 
part, unless that part is in a package containing more than 75 of any 
such part at the time of sale, or a part that is contained in an 
assembly kit.'' We refer to both exemptions as the ``small lot'' 
exemption. The FQAAA requires GAO to submit a report to Congress 
``describing any changes in industry practice resulting from or 
apparently resulting from'' the enactment of the small lot exemption; 
we expect to use information from your comments in this report.