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Rule 24f-2 Notice for Oppenheimer Time Fund
Two World Trade Center, New York, New York 10048-0203
(Registration No. 2-39461, File No. 811-02171)
NOTICE IS HEREBY GIVEN that Oppenheimer Time Fund having previously
filed by post-effective amendment of its registration statement a
declaration that an indefinite number of its securities were being
registered pursuant to Rule 24f-2 of the Investment Company Act of 1940,
now elects to continue such indefinite registration.
(i) This Notice is being filed for the fiscal year ended June 30,
1994.
(ii) 21,105,111 shares which had been registered other than pursuant
to this Rule remained unsold at the beginning of the above
fiscal year.
(iii) 1,660,427 shares were registered other than pursuant to this
Rule during the above fiscal year.
(iv) The number of shares sold during the above fiscal year was
3,714,136 (1).
(v) 3,714,136 shares were sold during the above fiscal year in
reliance upon registration pursuant to this Rule.
Pursuant to the requirements of the Investment Company Act of 1940, the
undersigned registrant has caused this notice to be signed on its behalf
this 29th day of August, 1994.
Oppenheimer Time Fund
By _____________________________________
Robert G. Zack, Assistant Secretary
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[FN]
(1) The calculation of the aggregate sales price is made pursuant to Rule
24f-2 of the Investment Company Act of 1940. Based upon an actual
aggregate sales price for which such securities were sold during the
previous fiscal year of $66,330,609, reduced by an actual redemption price
of securities of the issuer redeemed during such previous fiscal year of
$106,441,406, no filing fee is payable. Shares redeemed in excess of
shares sold to be re-registered pursuant to Rule 24e-2 total 106,441,406.
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GORDON ALTMAN BUTOWSKY WEITZEN SHALOV & WEIN
114 West 47th Street
New York, NY 10036
Tel. No. 212-626-0800
August 29, 1994
Oppenheimer Time Fund
Two World Trade Center
New York, New York 10048-0203
Ladies and Gentlemen:
In connection with the public offering of shares of beneficial
interest, no par value, of Oppenheimer Time Fund (the "Fund"), we have
examined such records and documents and have made such further
investigation and examination as we deemed necessary for the purpose of
this opinion.
It is our opinion that the shares the registration of which is
made definite by the accompanying Rule 24f-2 Notice of the Fund were
legally issued, fully paid and non-assessable by the Fund to the extent
set forth in its Prospectus forming part of its Registration Statement
under the Securities Act of 1933, as amended.
We hereby consent to the filing of this opinion with said
Notice.
Very truly yours,
Gordon Altman Butowsky
Weitzen Shalov & Wein
