[Code of Federal Regulations]

[Title 7, Volume 15]

[Revised as of January 1, 2006]

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

[CITE: 7CFR3015.45]



[Page 112]

 

                          TITLE 7--AGRICULTURE

 

                         CHAPTER XXX--OFFICE OF

                      THE CHIEF FINANCIAL OFFICER,

                        DEPARTMENT OF AGRICULTURE

 

PART 3015_UNIFORM FEDERAL ASSISTANCE REGULATIONS--Table of Contents

 

                     Subpart F_Grant Related Income

 

Sec. 3015.45  Other program income.



    (a) This section applies to program income not treated elsewhere in 

this part which subsequently results from an activity supported by a 

grant or subgrant but which does not accrue until after the period of 

grant or subgrant support. An example is proceeds from the sale or 

rental of a residual inventory of merchandise created or purchased by a 

grant-supported workshop during the period of support.

    (b) The provisions of the grant award govern the disposition of 

income subject to this section. If the provisions do not treat this kind 

of income, there are no USDA requirements governing its disposition. A 

recipient may impose requirements of its own on the disposition of this 

kind of income which is earned by its subrecipients provided those 

requirements are in addition to and not inconsistent with any 

requirements imposed by the provisions of the grant award.