[Code of Federal Regulations]
[Title 7, Volume 8]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR929.41]

[Page 249]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER IX--AGRICULTURAL MARKETING SERVICE (Marketing Agreements and 
      Orders; Fruits, Vegetables, Nuts), DEPARTMENT OF AGRICULTURE
 
   PART 929_CRANBERRIES GROWN IN STATES OF MASSACHUSETTS, RHODE ISLAND,
 
                    Subpart_Order Regulating Handling
 
Sec.  929.41  Assessments.

    (a) As a handler's pro rate share of the expenses which the 
Secretary finds are reasonable and likely to be incurred by the 
committee during a fiscal period, a handler shall pay to the committee 
assessments on all cranberries acquired as the first handler thereof 
during such period, except as provided in Sec.  929.55: Provided, That 
no handler shall pay assessments on excess cranberries as provided in 
Sec.  929.57. The payment of assessments for the maintenance and 
functioning of the committee may be required under this part throughout 
the period it is in effect, irrespective of whether particular 
provisions thereof are suspended or become inoperative.
    (b) The Secretary shall fix the rate of assessment to be paid by 
each handler during a fiscal period in an amount designated to secure 
funds sufficient to cover the expenses which may be incurred during such 
period and to accumulate and maintain a reserve fund equal to 
approximately one fiscal period's expenses. At any time during or after 
the fiscal period, the Secretary may increase the assessment rate in 
order to secure funds sufficient to cover any later finding by the 
Secretary relative to the expenses which may be incurred. Such increase 
shall be applied to all cranberries acquired during the applicable 
fiscal period. In order to provide funds for the administration of the 
provisions of this part during the first part of a fiscal year, before 
sufficient operating income is available from assessments, the committee 
may accept the payment of assessments in advance and may also borrow 
money for such purposes.
    (c) If a handler does not pay such assessment within the period of 
time prescribed by the committee, the assessment may be increased by 
either a late payment charge, or an interest charge, or both, at rates 
prescribed by the committee, with the approval of the Secretary.

[57 FR 38748, Aug. 27, 1992]