[Code of Federal Regulations] [Title 13, Volume 1] [Revised as of January 1, 2007] From the U.S. Government Printing Office via GPO Access [CITE: 13CFR106.301] [Page 31] TITLE 13--BUSINESS CREDIT AND ASSISTANCE CHAPTER I--SMALL BUSINESS ADMINISTRATION PART 106_COSPONSORSHIPS, FEE AND NON-FEE BASED SBA-SPONSORED ACTIVITIES AND Subpart C_Fee Based SBA-Sponsored Activities Sec. 106.301 What are the minimum requirements applicable to Fee Based SBA- Sponsored Activities? While SBA may subject a Fee Based SBA-Sponsored Activity to additional requirements through internal policy and procedure, the following requirements apply to all Fee Based SBA-Sponsored Activities: (a) A Fee Based Record must be prepared by the Responsible Program Official in advance of the activity; (b) Any Participant Fees charged will not exceed the minimal amount needed to cover the anticipated direct costs of the activity; (c) Gifts of cash accepted and the collection of Participant Fees for Fee Based SBA-Sponsored Activities are subject to the applicable requirements in this part, internal SBA policies and procedures as well as applicable U.S. Treasury rules and guidelines; and (d) Written approval must be obtained as outlined in Sec. 106.303.