[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR308.19]

[Page 511]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
CHAPTER III--ECONOMIC DEVELOPMENT ADMINISTRATION, DEPARTMENT OF COMMERCE
 
PART 308--REQUIREMENTS FOR ECONOMIC ADJUSTMENT GRANTS--Table of Contents
 
  Subpart B--Special Requirements for Revolving Loan Fund Projects and 
                           Uses of Grant Funds
 
Sec. 308.19  Variances.

    EDA may approve variances to the requirements of subpart B of this 
part provided they:
    (a) Are consistent with the goals of the Economic Adjustment Program 
and with an RLF's strategy,
    (b) Are necessary and reasonable for the effective implementation of 
the RLF,
    (c) Are economically and financially sound,
    (d) Do not conflict with applicable legal requirements, and
    (e) Do not change the scope of the award after the period of 
availability of the funds for obligation has expired.

                        PARTS 309-313 [RESERVED]