[Code of Federal Regulations]
[Title 28, Volume 2]
[Revised as of July 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 28CFR48.4]

[Page 28]
 
                    TITLE 28--JUDICIAL ADMINISTRATION
 
              CHAPTER I--DEPARTMENT OF JUSTICE (Continued)
 
PART 48--NEWSPAPER PRESERVATION ACT--Table of Contents
 
Sec. 48.4  Application for approval of joint newspaper operating arrangement entered into after July 24, 1970.

    (a) Persons desiring to obtain the approval of the Attorney General 
of a joint newspaper operating arrangement after July 24, 1970, shall 
file an application in writing setting forth a short, plain statement of 
the reasons why the applicants believe that approval should be granted.
    (b) With the request, the applicants shall also file copies of the 
following:
    (1) The proposed joint newspaper operating agreement;
    (2) Any prior, existing or proposed agreement between any of the 
newspapers involved, or a statement of any such agreements as have not 
been reduced to writing;
    (3) With respect to each newspaper, for the 5-year period prior to 
the date of the application,
    (i) Annual statements of profit and loss;
    (ii) Annual statements of assets and liabilities;
    (iii) Reports of the Audit Bureau of Circulation, or statements 
containing equivalent information;
    (iv) Annual advertising lineage records;
    (v) Rate cards;
    (4) If any amount stated in paragraph (b)(3)(i) or (ii) of this 
section represents an allocation of revenues, expenses, assets or 
liabilities between the newspaper and any parent, subsidiary, division 
or affiliate, the financial statements shall be accompanied by a full 
explanation of the method by which each such amount has been allocated.
    (5) If any of the newspapers involved purchased or sold goods or 
services from or to any parent, subsidiary, division or affiliate at any 
time during the five years preceding the date of application, a 
statement shall be submitted identifying such products or services, the 
entity from which they were purchased or to which they were sold, and 
the amount paid for each product or service during each of the five 
years.
    (6) Any other information which the applicants believe relevant to 
their request for approval.
    (c) A copy of the application and supporting data shall be open to 
public inspection during normal business hours at the main office of 
each of the newspapers involved in the arrangement, except to the extent 
permitted by nondisclosure orders under Sec. 48.5; except that materials 
for which nondisclosure has been requested under Sec. 48.5 need not be 
made available for inspection before the request has been decided.