[Code of Federal Regulations]

[Title 34, Volume 3]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 34CFR403.120]



[Page 50]

 

                           TITLE 34--EDUCATION

 

  CHAPTER IV--OFFICE OF VOCATIONAL AND ADULT EDUCATION, DEPARTMENT OF 

                                EDUCATION

 

PART 403_STATE VOCATIONAL AND APPLIED TECHNOLOGY EDUCATION PROGRAM

--Table of Contents

 

 Subpart E_What Kinds of Activities Does the Secretary Assist Under the 

                             Basic Programs?

 

Sec. 403.120  How does a State reallocate funds under the Secondary 



School Vocational Education Program and the Postsecondary and Adult 

Vocational Education 

          Programs?



    (a) In any fiscal or program year that an LEA, area vocational 

school, intermediate school district, or consortium of those entities, 

or an eligible institution, or consortium of eligible institutions, does 

not obligate all of the amounts it is allocated for that year under the 

Secondary School Vocational Education Program or the Postsecondary and 

Adult Vocational Education Programs, the LEA, area vocational education 

school, intermediate school district, or consortium of those entities, 

or the eligible institution, or consortium of eligible institutions, 

shall return any unobligated amounts to the State to be reallocated 

under Sec. 403.112(b), Sec. 403.113, or Sec. 403.116(b), as 

applicable.

    (b) In any fiscal or program year in which amounts allocated under 

Sec. 403.112(b), Sec. 403.113, Sec. 403.116(b), or Sec. 403.118 are 

returned to the State and the State is unable to reallocate those 

amounts according to those sections in time for the amounts to be 

obligated in the fiscal or program year, the State shall retain the 

amounts to be distributed in combination with amounts reserved under 

Sec. 403.112(b), Sec. 403.113, Sec. 403.116(b), or Sec. 403.118 for 

the following fiscal or program year.



(Authority: 20 U.S.C. 2341c)



[57 FR 36735, Aug. 14, 1992, as amended at 59 FR 38513, July 28, 1994]



[[Page 51]]