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V. Regulatory Flexibility Assessment
Pursuant to the Regulatory Flexibility Act (5 U.S.C. 601 et seq.), the
Assistant Secretary certifies that the rule will not have a significant
adverse impact on a substantial number of small entities. OSHA estimates that
of the additional 200 reports likely to be generated nationwide, only 52 will
fall upon small business (i.e. 200 multiplied by .26, the percentage of the
employment population represented by small businesses). OSHA estimates that
the total cost to small business employers will be about $400 (i.e. 52
additional reports requiring 15 minutes each to complete multiplied by $30.00
per hour, the cost of a professional to complete the report). Thus, the rule
will not have a significant adverse impact on a substantial number of small
businesses.
[59 FR 15594, April 1, 1994; 59 FR 16895, April 8, 1994]
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