[Code of Federal Regulations]
[Title 34, Volume 2]
[Revised as of July 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 34CFR365.16]

[Page 356]
 
                           TITLE 34--EDUCATION
 
            REHABILITATIVE SERVICES, DEPARTMENT OF EDUCATION
 
PART 365--STATE INDEPENDENT LIVING SERVICES--Table of Contents
 
       Subpart B--How Does the Secretary Make a Grant to a State?
 
Sec.  365.16  What requirements apply to refunds and rebates?

    The following must be treated as a reduction of expenditures charged 
to the grant, subgrant, or contract awarded under this part and may not 
be used for meeting the State's matching requirement under section 
712(b) of the Act:
    (a) Rebates, deductions, refunds, discounts, or reductions to the 
price of goods, products, equipment, rental property, real property, or 
services.
    (b) Premiums, bonuses, gifts, and any other payments related to the 
purchase of goods, products, equipment, rental property, real property, 
or services.

(Authority: 29 U.S.C. 711(c), 796e-1(b), and OMB Circulars A-87 and A-
122)

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