Appendix C to Part 226 - Issuance of Staff Interpretations
12:184.108.40.206.220.127.116.11.18 : Appendix C
Appendix C to Part 226 - Issuance of Staff Interpretations Official
Officials in the Board's Division of Consumer and Community
Affairs are authorized to issue official staff interpretations of
this regulation. These interpretations provide the protection
afforded under section 130(f) of the Act. Except in unusual
circumstances, such interpretations will not be issued separately
but will be incorporated in an official commentary to the
regulation which will be amended periodically.
Requests for Issuance of Official Staff Interpretations
A request for an official staff interpretation shall be in
writing and addressed to the Director, Division of Consumer and
Community Affairs, Board of Governors of the Federal Reserve
System, Washington, DC 20551. The request shall contain a complete
statement of all relevant facts concerning the issue, including
copies of all pertinent documents.
Scope of Interpretations
No staff interpretations will be issued approving creditors'
forms, statements, or calculation tools or methods. This
restriction does not apply to forms, statements, tools, or methods
whose use is required or sanctioned by a government agency.