# Prohibited Transaction Exemption Procedures; Employee Benefit Plans
> **Employee Benefits Security Administration** · Final rule. · Published 2011-10-27 · Effective 2011-12-27 · 76 FR 66637
## Document
- **Document number:** 2011-27312
- **Category:** retirement-erisa
- **Sub-agency:** Employee Benefits Security Administration
- **Federal Register citation:** 76 FR 66637
- **CFR reference:** 29 CFR 2570
- **Publication date:** 2011-10-27
- **Effective date:** 2011-12-27
## Abstract

This document contains a final rule that supersedes the existing procedure governing the filing and processing of applications for administrative exemptions from the prohibited transaction provisions of the Employee Retirement Income Security Act of 1974 (ERISA), the Internal Revenue Code of 1986 (the Code), and the Federal Employees' Retirement System Act of 1986 (FERSA). The Secretary of Labor is authorized to grant exemptions from the prohibited transaction provisions of ERISA, the Code, and FERSA and to establish an exemption procedure to provide for such relief. This final rule clarifies and consolidates the Department of Labor's exemption procedures and provides the public with a more comprehensive description of the prohibited transaction exemption process.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2011/10/27/2011-27312/prohibited-transaction-exemption-procedures-employee-benefit-plans)
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