Registration No. 33-08054
File No. 811-4803
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC. 20549
FORM N-1A
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 /X/
PRE-EFFECTIVE AMENDMENT NO. __ / /
POST-EFFECTIVE AMENDMENT NO. 16 /X/
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT
OF 1940 / /
AMENDMENT NO.__ / /
OPPENHEIMER TAX-EXEMPT FUND
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(Exact Name of Registrant as Specified in Charter)
3410 South Galena Street, Denver, Colorado 80231
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(Address of Principal Executive Offices)
1-303-671-3200
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(Registrant's Telephone Number)
ANDREW J. DONOHUE, ESQ.
OppenheimerFunds, Inc.
Two World Trade Center, New York, New York 10048-0203
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(Name and Address of Agent for Service)
It is proposed that this filing will become effective (check
appropriate box):
/X/ immediately upon filing pursuant to paragraph (b)
/ / on __________, pursuant to paragraph (b)
/ / 60 days after filing pursuant to paragraph (a)(1)
/ / on ________, pursuant to paragraph (a)(1)
/ / 75 days after filing, pursuant to paragraph (a)(2)
/ / on _______________, pursuant to paragraph (a)(2) of Rule 485
- -------------------------------------------------------------------
The Registrant has registered an indefinite number of shares under
the Securities Act of 1933 pursuant to Rule 24f-2 promulgated under
the Investment Company Act of 1940. A Rule 24f-2 Notice for the
Registrant's fiscal year ended September 30, 1995 was filed on
November 30, 1995.
<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
For the registration under the Securities Act of 1933 of shares of
Oppenheimer Intermediate Tax-Exempt Fund (the "Fund"), a series of
Oppenheimer Tax-Exempt Fund (the "Trust), an open-end management
investment company.
A. Title and amount of shares being registered (number of shares
or other units):
Additional 598,343 Class A shares of beneficial interest of
Oppenheimer Intermediate Tax-Exempt Fund.
Additional 118,803 Class C shares of beneficial interest of
Oppenheimer Intermediate Tax-Exempt Fund.
B. Proposed aggregate offering price to the public of the shares
being registered:
$9,130,714 based upon the offering price of $15.26 per
Class A share at March 8, 1996(1).
$1,747,592 based upon the offering price of $14.71 per
Class C share at March 8, 1996(2).
C. Amount of filing fee pursuant to Rule 24e-2:
$200
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(1)Class A: The calculation of the maximum aggregate offering price
is made pursuant to Rule 24e-2 of the Investment Company Act of
1940. The total number of Class A shares sold during the previous
fiscal year of the Fund ended September 30, 1995 was 1,003,900. No
redeemed or repurchased shares have been used for reductions
pursuant to paragraph (a) of Rule 24e-2 in any previous filing of
Post-Effective Amendments during the current fiscal year; 1,583,239
shares were used for reductions pursuant to paragraph (c) of Rule
24f-2. The amount of redeemed or repurchased shares being used for
such reduction in this amendment is 579,339.
(2)Class C: The calculation of the maximum aggregate offering price
is made pursuant to Rule 24e-2 of the Investment Company Act of
1940. The total number of Class C shares sold during the previous
fiscal year of the Fund ended September 30, 1995 was 208,137. No
redeemed or repurchased shares have been used for reductions
pursuant to paragraph (a) of Rule 24e-2 in any previous filing of
Post-Effective Amendments during the current fiscal year; 307,226
shares were used for reductions pursuant to paragraph (c) of Rule
24f-2. The amount of redeemed or repurchased shares being used for
such reduction in this amendment is 99,089.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and/or
the Investment Company Act of 1940, the Registrant certifies that
it meets all the requirements for effectiveness of this
Registration Statement pursuant to Rule 485(b) under the Securities
Act of 1933 and has duly caused this Registration Statement 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 20th day of
March, 1996.
OPPENHEIMER TAX-EXEMPT FUND
By: /s/ James C. Swain
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James C. Swain, Chairman
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed below by the following
persons in the capacities on the dates indicated:
Signatures Title Date
- ---------- ----- ----
/s/ James C. Swain* Chairman of the March 20, 1996
- ---------------------- Board of Trustees
James C. Swain
/s/ George C. Bowen* Chief Financial March 20, 1996
- ---------------------- and Accounting
George C. Bowen Officer
/s/ Robert G. Avis* Trustee March 20, 1996
- ----------------------
Robert G. Avis
/s/ William A. Baker* Trustee March 20, 1996
- ----------------------
William A. Baker
/s/ Charles Conrad Jr.* Trustee March 20, 1996
- ----------------------
Charles Conrad, Jr.
/s/ Jon S. Fossel* Trustee March 20, 1996
- ----------------------
Jon S. Fossel
/s/ Raymond J. Kalinowski* Trustee March 20, 1996
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Raymond J. Kalinowski
/s/ Howard Kast* Trustee March 20, 1996
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C. Howard Kast
/s/ Robert M. Kirchner* Trustee March 20, 1996
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Robert M. Kirchner
/s/ Bridget A. Macaskill* President & Trustee March 20, 1996
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Bridget A. Macaskill
/s/ Ned M. Steel* Trustee March 20, 1996
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Ned M. Steel
*By: /s/ Robert G. Zack
--------------------------------
Robert G. Zack, Attorney-in-Fact
Katherine P. Feld [logo]OppenheimerFunds
Vice President & Oppenheimer Management Corporation
Associate Counsel Two World Trade Center
New York, NY 10048-0203
212 323-0200 Fax 212 323-0558
March 20, 1996
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Re: Oppenheimer Tax-Exempt Fund
Reg. No. 33-08054, File No. 811-4803
Written Representation of Counsel
To the Securities and Exchange Commission:
Pursuant to paragraph (e) of Rule 485 under the
Securities Act of 1933, and in connection with an Amendment on Form
N-1A which is Post-Effective Amendment No. 16 to the 1933 Act
Registration Statement of the above Trust, the undersigned counsel,
who prepared such Amendment, hereby represents to the Commission
for filing with such Amendment that said Amendment does not contain
disclosures which would render it ineligible to become effective
pursuant to paragraph (b) of said Rule 485.
Very truly yours,
/s/ Katherine P. Feld
Katherine P. Feld
Vice President &
Associate Counsel
KPF/gl
sec\860ac.24e
