[Code of Federal Regulations] [Title 48, Volume 5] [Revised as of October 1, 2006] From the U.S. Government Printing Office via GPO Access [CITE: 48CFR722.103-1] [Page 29] TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM CHAPTER 7--AGENCY FOR INTERNATIONAL DEVELOPMENT PART 722_APPLICATION OF LABOR LAWS TO GOVERNMENT ACQUISITION--Table of Contents Subpart 722.1_Basic Labor Policies Sec. 722.103-1 Definitions. Compensatory time off means leave equal to overtime worked, which, unless otherwise authorized in a contract or approved by a contracting officer, must be taken not later than the end of the calendar month following that in which the overtime is worked.