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                                  NOTICES

                           DEPARTMENT OF COMMERCE

                              (Order No. 617)

     Resolution and Order Approving the Application of the Puerto Rico
                                 Commercial
 and Farm Credit and Development Corp. for Special-Purpose Subzone Status;
             Searle & Co. (Pharmaceuticals) Caguas, Puerto Rico

                        Wednesday, December 23, 1992


Proceedings of the Foreign-Trade Zones Board, Washington, D.C.

Resolution and Order

Pursuant to the authority under the Foreign-Trade Zones (FTZ) Act of June 
18, 1934, as amended (19 U.S.C. 81a-81u), the FTZ Board (the Board) adopts 
the following Resolution and Order:

The Board, having considered the matter, hereby orders:

After consideration of the application of the Puerto Rico Commercial and
Farm Credit and Development Corporation, grantee of FTZ 61, filed with the
Foreign-Trade Zones (FTZ) Board (the Board) on October 22, 1991, and 
amended on August 3, 1992, requesting special-purpose subzone status at the 
pharmaceutical manufacturing plant of Searle & Company, in Caguas, Puerto 
Rico, the Board, finding that the requirements of the Foreign-Trade Zones 
Act and the Board's regulations are satisfied, and that the proposal is in 
the public interest, approves the application, as amended.

Approval is subject to the FTZ Act and the FTZ Board's regulations (as
revised, 56 FR 50790-50808, 10/8/91), including  400.28. The Secretary of
Commerce, as Chairman and Executive Office of the Board, is hereby
authorized to issue a grant of authority and appropriate Board Order.

Grant of Authority for Subzone Status

Whereas, by an Act of Congress approved June 18, 1934, an Act "To provide
for the establishment of foreign-trade zones in ports of entry of the United 
States, to expedite and encourage foreign commerce, and for other purposes," 
as amended (19 U.S.C. 81a-81u) (the Act), the Foreign-Trade Zones Board (the 
Board) is authorized to grant to corporations the privilege of establishing 
foreign-trade zones in or adjacent to U.S. Customs ports of entry;

Whereas, the Board's regulations (15 CFR part 400) provide for the
establishment of special-purpose subzones when existing zone facilities
cannot serve the specific use involved;

Whereas, an application from the Puerto Rico Commercial and Farm Credit and
Development Corporation, grantee of Foreign-Trade Zone 61, for authority to
establish a special-purpose subzone at the pharmaceutical manufacturing
plant of Searle & Company in Caguas, Puerto Rico, was filed by the Board on
October 22, 1991, and notice inviting public comment was given in the
Federal Register on November 1, 1991 (FTZ Docket 63- 91, 56 FR 56187);

Whereas, the application was amended on August 3, 1992 (57 FR 38667,
8/26/92 and 57 FR 43695, 9/22/92) to expand the range of manufacturing to
be conducted under zone procedures; and,

Whereas, the Board has found that the requirements of the Act and the
Board's regulations are satisfied and that the proposal, as amended, is in
the public interest;

Now, Therefore, the Board hereby authorizes the establishment of a subzone
(Subzone 61A) for the manufacture of pharmaceuticals at the Searle &
Company facility in Caguas, Puerto Rico, at the location described in the
application, subject to the FTZ Act and the Board's regulations (as
revised, 56 FR 50790- 50808, 10-8-91), including  400.28.

Signed at Washington, DC, this 11th day of December, 1992, pursuant to
Order of the Board.

Alan M. Dunn,

Assistant Secretary of Commerce for Import Administration, 
Chairman, Committee of Alternates, 
Foreign-Trade Zones Board.

Attest:

John J. Da Ponte, Jr.,

Executive Secretary.

(FR Doc. 92-31171 Filed 12-22-92; 8:45 am)