[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: 12CFR261b.1]

[Page 719-720]
 
                       TITLE 12--BANKS AND BANKING
 
                   CHAPTER II--FEDERAL RESERVE SYSTEM
 
PART 261b--RULES REGARDING PUBLIC OBSERVATION OF MEETINGS--Table of Contents
 
Sec. 261b.1  Basis and scope.

    This part is issued by the Board of Governors of the Federal Reserve 
System (``the Board'') under section 552b of title 5 of the United 
States Code, the Government in the Sunshine Act (``the Act''), to carry 
out the policy of the Act that the public is entitled to the fullest 
practicable information regarding the decision making processes of the 
Board while at the same time preserving the rights of individuals and

[[Page 720]]

the ability of the Board to carry out its responsibilities. These 
regulations fulfill the requirement of subsection (g) of the Act that 
each agency subject to the provisions of the Act shall promulgate 
regulations to implement the open meeting requirements of subsections 
(b) through (f) of the Act.