(a) You may use the following chart to determine the procedure that applies to your submission of additional information under Sec. 516.210(a)(1): ------------------------------------------------------------------------
If, within 30 calendar days
(1) You file a response to all (i) Notify you in The applicable
information requests * * *. writing within 15 review period
days after the will begin on the
filing date of date tha t OTS
your response deems your
that your application
application is complete.
complete * * *
applicable to all
response that
your application
is complete * * *.
(ii) Notify you in You must respond
writing within 15 to the additional
calendar days information
after the filing request within
date of your the time period
response that you required by OTS.
must submit OTS will review
additional your response
information under the
regarding matters procedures
derived from or described in this
prompted by section.
information
already furnished
or any additional
information
information
necessary to
resolve the
issues presented
in your
application * * *.
(iii) Notify you OTS will not
in writing within process your
15 calendar days application.
after the filing
date of your
response that
your application
is materially
deficient * * *.
(iv) Take no Your application
action within 15 is deemed
calendar days complete. The
after the filing applicable review
date of your period will begin
response * * *. on the day that
the 15-day time
period expires.(2) You request an extension of (i) Grant an You must fully
time to file additional extension, in respond within
information * * *. writing, the extended time
specifying the period specified
number of days by OTS. OTS will
for the extension review your
* * *. response under
the procedures
described under
this section.
(ii) Notify you in OTS will not
writing that your process your
extension request application
is disapproved * further. You may
* *. resubmit the
application for
processing as a
new filing under
the applicable
regulation.(3) You fail to respond (i) Notify you in OTS will not
completely * * *. writing that your process your
application is application
deemed withdrawn further. You may
* * *. resubmit the
application for
processing as a
new filing under
the applicable
regulation.
(ii) Notify you, You must fully
in writing, that respond within
your response is the extended time
incomplete and period specified
extend the by OTS. OTS will
response period, review your
specifying the response under
number of days the procedures
for the respond described under
extension * * *. this section.------------------------------------------------------------------------
(b) OTS may extend the 15-day period referenced in paragraph (a)(1) of this section by up to 15 calendar days, if OTS requires the additional time to review your response. OTS will notify you that it has extended the period before the end of the initial 15-day period and will briefly explain why the extension is necessary.
(c) If your response filed under paragraph (a)(1) of this section includes a request for a waiver of an informational requirement, your request for a waiver is granted if OTS fails to act on it within 15 calendar days after the filing of your response, unless OTS extends the review period under paragraph (b). If OTS extends the review period under paragraph (b), your request is granted if OTS fails to act on it by the end of the extended review period. [66 FR 13003, Mar. 2, 2001; 67 FR 3264, Jan. 23, 2002]