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As filed with the Securities and Exchange Commission on April 23, 1996
1933 Act Registration No. 2-75691
1940 Act Registration No. 811-3376
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM N-1A
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1933 ( X )
Pre-Effective Amendment No. ( )
Post-Effective Amendment No. 15 ( X )
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 ( X )
Amendment No. 17 ( X )
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PaineWebber/Kidder, Peabody Premium Account Fund
(Exact Name of Registrant as Specified in Charter)
1285 Avenue of the Americas
New York, N.Y. 10019
(Address of principal executive office)
Registrant's Telephone Number, including Area Code: (212) 713 - 2000
Dianne E. O'Donnell, Esq.
Mitchell Hutchins Asset Management Inc.
1285 Avenue of the Americas
New York, New York 10019
(Name and Address of Agent for Service)
Copies to:
Elinor W. Gammon, Esq.
Kirkpatrick & Lockhart LLP
Second Floor
1800 Massachusetts Avenue, N.W.
Washington, D.C. 20036-1800
It is proposed that this filing will become effective (check appropriate box)
X Immediately upon filing pursuant to paragraph (b) of Rule 485
__ On ___________ pursuant to paragraph (b) of Rule 485
__ 60 days after filing pursuant to paragraph (a)(i) of Rule 485
__ On ___________ pursuant to paragraph (a)(i) of Rule 485
__ 75 days after filing pursuant to paragraph (a)(ii) of Rule 485
__ On ___________ pursuant to paragraph (a)(ii) of Rule 485
If appropriate, check the following box:
__ This post-effective amendment designates a new effective date for
a previously filed post-effective amendment
The Registrant has an indefinite number of its shares under the Securities
Act of 1933 pursuant to Rule 24f-2 under the Investment Company Act of 1940, as
amended. A Rule 24f-2 notice for the period ended February 20, 1996 was filed by
Registrant on April 19, 1996.
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Pursuant to paragraph (a)(2) and (b)(3) of Rule 24f-2, Registrant hereby
terminates its current effective declaration.
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PaineWebber/Kidder, Peabody Premium Account Fund
The purpose of this Post-Effective Amendment to the Registration Statement
for PaineWebber/Kidder, Peabody Premium Account Fund (the "Fund") is to
terminate the Fund's Rule 24f-2 declaration pursuant to the requirements of Rule
24f-2(b)(3). Accordingly, language regarding such termination is provided on the
facing sheet of this document as required by Rule 24f-2(a)(2).
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the
Investment Company Act of 1940, the Registrant, PaineWebber/Kidder, Peabody
Premium Account Fund, certifies that it meets all of the requirements for
effectiveness of this Post-Effective Amendment No. 15 to its Registration
Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly
caused this Post-Effective Amendment to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of New York and State of New
York, on the 23rd day of April, 1996.
PaineWebber/Kidder, Peabody Premium Account Fund
By: /s/ DIANNE E. O'DONNELL
_______________________________________
Dianne E. O'Donnell
Vice President & Secretary
Pursuant to the requirements of the Securities Act of 1933, this
Post-Effective Amendment has been signed below by the following persons in the
capacities and on the dates indicated:
Signature Title Date
_________ _____ ____
/s/ MARGO N. ALEXANDER
_____________________________ Trustee and President April 23, 1996
Margo N. Alexander* (Chief Executive Officer)
/s/ DAVID BEAUBIEN
_____________________________ Trustee April 23, 1996
David Beaubien**
/s/ WILLIAM W. HEWITT, JR.
_____________________________ Trustee April 23, 1996
William W. Hewitt, Jr.**
/s/ CARL W. SCHAFER
_____________________________ Trustee April 23, 1996
Carl W. Schafer**
/s/ JULIAN F. SLUYTERS
_____________________________ Vice President and Treasurer April 23, 1996
Julian F. Sluyters (Chief Financial and
Accounting Officer)
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* Signature affixed by Dianne E. O'Donnell pursuant to power of attorney dated
December 28, 1995 and filed herewith.
** Signature affixed by Dianne E. O'Donnell pursuant to power of attorney dated
March 8, 1995 and incorporated by reference from Post-Effective Amendment
No. 9 to the registration statement of PaineWebber/Kidder, Peabody
California Tax Exempt Money Fund, Inc., SEC File No. 33-14400, filed
November 30, 1995.
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POWER OF ATTORNEY
I, Margo N. Alexander, President and Trustee of PaineWebber/Kidder,
Peabody California Tax Exempt Money Fund, PaineWebber/Kidder, Peabody Premium
Account Fund, PaineWebber/Kidder, Peabody Municipal Money Market Series,
Mitchell Hutchins/Kidder, Peabody Investment Trust, Mitchell Hutchins/Kidder,
Peabody Investment Trust II, Mitchell Hutchins/Kidder, Peabody Investment Trust
III, Institutional Series Trust, and Liquid Institutional Reserves
(collectively, the "Funds"), hereby constitute and appoint Victoria E.
Schonfeld, Dianne E. O'Donnell, Gregory K. Todd, and Scott Griff, and each of
them singly, my true and lawful attorneys, with full power to them to sign for
me, and in my capacity as President and Trustee for each of the Funds, any and
all amendments to each of the particular registration statements of the Funds,
and all instruments necessary or desirable in connection therewith, filed with
the Securities and Exchange Commission, hereby ratifying and confirming my
signature as it may be signed by said attorneys to any and all amendments to
said registration statements.
Pursuant to the requirements of the Securities Act of 1933, this instrument
has been signed below by the following in the capacity and on the date
indicated.
Signature Title Date
MARGO N. ALEXANDER President and Trustee December 28, 1995
_____________________________
Margo N. Alexander*
