[Code of Federal Regulations] [Title 29, Volume 9] [Revised as of July 1, 2001] From the U.S. Government Printing Office via GPO Access [CITE: 29CFR2570.47] [Page 539] TITLE 29--LABOR CHAPTER XXV--PENSION AND WELFARE BENEFITS ADMINISTRATION, DEPARTMENT OF LABOR PART 2570--PROCEDURAL REGULATIONS UNDER THE EMPLOYEE RETIREMENT INCOME SECURITY ACT--Table of Contents Subpart B--Procedures for Filing and Processing Prohibited Transaction Exemption Applications Sec. 2570.47 Other hearings. (a) In its discretion, the Department may schedule a hearing on its own motion where it determines that issues relevant to the exemption can be most fully or expeditiously explored at a hearing. (b) An applicant for an exemption must notify interested persons of any hearing on an exemption scheduled by the Department in the manner described in Sec. 2570.46(c). In addition, the applicant must submit a statement subscribed as true under penalty of perjury like that required in Sec. 2570.46(d).