[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.6]

[Page 716]
 
                       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 B--Procedures for Requests by Individual to Whom Record Pertains
 
Sec. 261a.6  Board procedures for responding to request for access.

    (a) Compliance with Freedom of Information Act. Every request made 
pursuant to Sec. 261a.5 of this part shall also be handled by the Board 
as a request for information pursuant to the Freedom of Information Act 
(5 U.S.C. 552), except that the time limits set forth in paragraph (b) 
of this section and the fees specified in Sec. 261a.4 of this part shall 
apply to such requests.
    (b) Time limits. Every request made pursuant to Sec. 261a.5 of this 
part shall be acknowledged or, where practicable, substantially 
responded to within 10 business days from receipt of the request.
    (c) Disclosure. (1) Information to be disclosed pursuant to this 
part and the Privacy Act, except for information maintained by the 
Board's OIG, shall be made available for inspection and copying during 
regular business hours at the Board's Freedom of Information Office.
    (2) Information to be disclosed that is maintained by the Board's 
OIG shall be made available for inspection and copying at the OIG.
    (3) When the requested record cannot reasonably be put into a form 
for individual inspection (e.g., computer tapes), or when the requester 
asks that the information be forwarded, copies of such information shall 
be mailed to the requester.
    (4) Access to or copies of requested information shall be promptly 
provided after the acknowledgement as provided in paragraph (b) of this 
section, unless good cause for delay is communicated to the requester.
    (d) Other authorized presence. The requester of information may be 
accompanied in the inspection of that information by a person of the 
requester's own choosing upon the requester's submission of a written 
and signed statement authorizing the presence of such person.
    (e) Denial of request. A denial of a request made pursuant to 
Sec. 261a.5 of this part shall include a statement of the reason(s) for 
denial and the procedures for appealing the denial.