EMPLOYEE BENEFITS SECURITY ADMINISTRATION ISSUES NOTICE: EXEMPTION FOR CERTAIN PROHIBITED TRANSACTIONS INVOLVING THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO. 99 JOINT APPRENTICESHIP TRAINING FUND (THE FUND OR THE APPLICANT) LOCATED IN CRANSTON, RHODE ISLAND

WASHINGTON, Oct. 19 -- Employee Benefits Security Administration has issued a notice called: Exemption for Certain Prohibited Transactions Involving the International Brotherhood of Electrical Workers Local Union No. 99 Joint Apprenticeship Training Fund (the Fund or the Applicant) Located in Cranston, Rhode Island.

The notice was published in the Federal Register on Oct. 19 by Christopher Motta, Director, Office of Exemption Determinations, Employee Benefits Security Administration, U.S. Department of Labor.

Summary: This exemption permits the International Brotherhood of Electrical Workers Local Union No. 99 Joint Apprenticeship Training Fund (the Fund) to purchase certain improved real property located at 40 Western Industrial Drive, C...