[Code of Federal Regulations]
[Title 12, Volume 3]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 12CFR261a.3]

[Page 714-715]
 
                       TITLE 12--BANKS AND BANKING
 
                   CHAPTER II--FEDERAL RESERVE SYSTEM
 
PART 261a--RULES REGARDING ACCESS TO PERSONAL INFORMATION UNDER THE PRIVACY ACT OF 1974--Table of Contents
 
                      Subpart A--General Provisions
 
Sec. 261a.3  Custodian of records; delegations of authority.

    (a) Custodian of records. The Secretary of the Board is the official 
custodian of all records of the Board in the possession or control of 
the Board.
    (b) Delegated authority of Secretary. With regard to this 
regulation, the Secretary of the Board is delegated the authority to:
    (1) Respond to requests for access or amendment to records contained 
in a system of records, except for such requests regarding systems of 
records

[[Page 715]]

maintained by the Board's Office of the Inspector General (OIG);
    (2) Approve the publication of new systems of records and amend 
existing systems of records, except systems of records exempted pursuant 
to Secs. 261a.13(b), (c) and (d);
    (3) File the biennial reports required by the Privacy Act.
    (c) Delegated authority of designee. Any action or determination 
required or permitted by this part to be done by the Secretary of the 
Board may be done by an Associate Secretary or other responsible 
employee of the Board who has been duly designated for this purpose by 
the Secretary.
    (d) Delegated authority of Inspector General. With regard to systems 
of records maintained by the OIG, the Inspector General is delegated the 
authority to respond to requests for access or amendment.