[Code of Federal Regulations]
[Title 7, Volume 10]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1486]

[Page 754]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
 
PART 1486_EMERGING MARKETS PROGRAM--Table of Contents
 
             Subpart E_Reporting, Evaluation, and Compliance
 
Sec.  1486.507  What is the effect of failing to make required contributions?

    A Recipient's contribution requirement is specified in the project 
agreement. If a Recipient fails to contribute the total specified in the 
agreement, the difference between the amount contributed and the total 
must be repaid to the CCC in U.S. dollars. If a Recipient is reimbursed 
by CCC for less than the amount of funds approved in the agreement, then 
the final cost share shall equal, on a percentage basis, the original 
ratio of private contributions to the authorized EMP funding level.