[Code of Federal Regulations]
[Title 12, Volume 3]
[Revised as of January 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 12CFR261a.10]

[Page 741-742]
 
                       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.10  Appeal of adverse determination of request for access or 
amendment.

    (a) Appeal. A requester may appeal a denial of a request made 
pursuant to Sec. 261a.5 or Sec. 261a.8 of this part to the

[[Page 742]]

Board, or any official designated by the chairman of the Board, within 
10 business days of issuance of notification of denial. The appeal 
shall:
    (1) Be made in writing to the Secretary of the Board, with the words 
``PRIVACY ACT APPEAL'' written prominently on the first page;
    (2) Specify the previous background of the request; and
    (3) Provide reasons why the initial denial is believed to be in 
error.
    (b) Determination. The Board or an official designated by the 
Chairman of the Board shall make a determination with respect to such 
appeal not later than 30 business days from its receipt, unless the time 
is extended for good cause shown.
    (1) If the Board or designated official grants an appeal regarding a 
request for amendment, the Board shall take the necessary steps to amend 
the record, and, when appropriate and possible, notify prior recipients 
of the record of the Board's action.
    (2) If the Board or designated official denies an appeal, the Board 
shall inform the requester of such determination, give a statement of 
the reasons therefor, and inform the requester of the right of judicial 
review of the determination.
    (c) Statement of disagreement. (1) Upon receipt of a denial of an 
appeal regarding a request for amendment, the requester may file a 
concise statement of disagreement with the denial. Such statement shall 
be maintained with the record the requester sought to amend, and any 
disclosure of the record shall include a copy of the statement of 
disagreement.
    (2) When practicable and appropriate, the Board shall provide a copy 
of the statement of disagreement to any person or other agency to whom 
the record was previously disclosed.