MAFCO CONSOLIDATED GROUP INC
15-12B, 1997-07-09
MISCELLANEOUS NONDURABLE GOODS
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                                                ___________________________ 
                                               |       OMB APPROVAL        |
                    UNITED STATES              |OMB Number:       3235-0167|
        SECURITIES AND EXCHANGE COMMISSION     |Expires: September 30, 1998|
                Washington, D.C. 20549         |Estimated average burden   |
                                               |hours per response ... 1.50|

                                  FORM 15

   CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION
   12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO
   FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT
   OF 1934.

                                         Commission File Number: 001-11240   

                       Mafco Consolidated Group Inc.
           (Exact name of registrant as specified in its charter)

        35 East 62nd Street, New York, New York 10021 (212) 572-8600
(Address, including zip code, and telephone number, including area code of
                 registrant's principal executive offices)

                   Common Stock, par value $.01 per share
          (Title of each class of securities covered by this Form)

                            Value Support Rights
(Titles of all other classes of securities for which a duty to file reports
                   under section 13(a) or 15(d) remains)

   Please place an X in the box(es) to designate the appropriate rule 
   provision(s) relied upon to terminate or suspend the duty to file reports:

        Rule 12g-4(a)(1)(i)  (X)                Rule 12h-3(b)(1)(i) ( )
        Rule 12g-4(a)(1)(ii) ( )                Rule 12h-3(b)(1)(ii)( )
        Rule 12g-4(a)(2)(i)  ( )                Rule 12h-3(b)(2)(i) ( )
        Rule 12g-4(a)(2)(ii) ( )                Rule 12h-3(b)(2)(ii)( )
                                                Rule 15d-6           ( )

   Approximate number of holders of record as of the certification or notice
   date:  One                             

   Pursuant to the requirements of the Securities Exchange Act of 1934
   Mafco Consolidated Group Inc. has caused this certification/notice to be
   signed on its behalf by the undersigned duly authorized person.

   Date: July 9, 1997                    By:     /s/ Glenn P. Dickes    
                                         Name:   Glenn P. Dickes
                                         Title:  Vice President

   Instruction: This form is required by Rules 12g-4, 12h-3 and 15d-6 of
   the General Rules and Regulations under the Securities Exchange Act of
   1934. The registrant shall file with the Commission three copies of Form
   15, one of which shall be manually signed. It may be signed by an
   officer of the registrant, by counsel or by any other duly authorized
   person. The name and title of the person signing the form shall be typed
   or printed under the signature.




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