[Code of Federal Regulations]
[Title 29, Volume 9]
[Revised as of July 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 29CFR2570.41]

[Page 560-561]
 
                             TITLE 29--LABOR
 
 CHAPTER XXV--EMPLOYEE BENEFITS SECURITY ADMINISTRATION, DEPARTMENT OF 
                                  LABOR
 
PART 2570_PROCEDURAL REGULATIONS UNDER THE EMPLOYEE RETIREMENT INCOME 
SECURITY ACT--Table of Contents
 
 Subpart B_Procedures for Filing and Processing Prohibited Transaction 
                         Exemption Applications
 
Sec. 2570.41  Final denial letters.

    (a) The Department will issue a final denial letter denying a 
requested exemption where:
    (1) The conditions for issuing a final denial letter specified in 
Sec. 2570.38(b) or Sec. 2570.39(e) of these procedures are satisfied;
    (2) After issuing a tentative denial letter under Sec. 2570.38 of 
this part and considering the entire record in the case, including all 
written information submitted pursuant to Sec. 2570.39 and Sec. 
2570.40(e) of these procedures, the Department decides not to propose an 
exemption or to withdraw an exemption already proposed; or
    (3) After proposing an exemption and conducting a hearing on the 
exemption

[[Page 561]]

under either Sec. 2570.46 or Sec. 2570.47 of this part and after 
considering the entire record in the case, including the record of the 
hearing, the Department decides to withdraw the proposed exemption.
    (b) [Reserved]