Revocation of Exemption of Certain Governmental Plans or Church Plans that have engaged in Prohibited Transactions

Authority: To determine that a governmental plan or church plan referred to in section 4975(g)(2) or (3) of the Code has engaged in a prohibited transaction under section 503 and to notify such plan in writing of the revocation of exemption and of the requalification for exemption after the plan establishes that it will not knowingly again engage in a prohibited transaction and that it also satisfies all applicable requirements of section 401(a).

Delegated to: Director, Employee Plans (EP)

Redelegation: For revocation to Director, EP Examinations; for requalification to Director, EP Rulings & Agreements.

Source of Authority: Treasury Order 150–10

To the extent that the authority previously exercised consistent with this order may require ratification, it is hereby approved and ratified. This order supersedes Delegation Order 7-1c effective September 29, 1997.

Signed: Sunita Lough, Deputy Commissioner for Services and Enforcement