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15 U.S.C. § 2417 — Criteria for participating parties

submitted 51 years ago by Pub. L. 94-136 to r/title-15-COMMERCE-AND-TRADE · 144 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Center must set participation and noncompliance criteria by regulation and may reallocate funds that a participant will not need.

(a) After consulting appropriate Federal, State, and local agencies and officials, the Center must set by regulation basic criteria for parties participating under this chapter. (b) If information during a fiscal year shows that a participant will not need part of its funds, or that the part becomes available under the Center’s noncompliance rules, that part may be reallocated under this section. (c) The Center must set by regulation basic criteria for deciding that a participant has not complied, including suitable notice and hearing provisions.
the actual law source: uscode.house.gov ↗public domain
(a) Establishment of criteria by regulation

The Center shall prescribe by regulation, after consultation with appropriate agencies and officials of Federal, State, and local governments, basic criteria for the participating parties under this chapter.

(b) Reallocation of funds

If the Center determines, on the basis of information available to it during any fiscal year, that a portion of the funds provided to a participating party for that fiscal year will not be required by the party or will become available by virtue of the application of regulations established by the Center to govern noncompliance by a participating party, that portion shall be available for reallocation under this section.

(c) Establishment of criteria for determination of noncompliance

The Center shall by regulation prescribe the basic criteria for determination of noncompliance by participating parties including appropriate provisions for notice and hearing with respect to such determination.

Source credit: (Pub. L. 94–136, title II, § 207, Nov. 28, 1975, 89 Stat. 739.)

history & why it existsrecord from the source credit
  • 1975Enacted · Pub. L. 94-136 · 89 Stat. 739

A history note hasn’t been published yet. The record shows enactment by Pub. L. 94-136 on 1975-11-28.

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