[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: 7CFR932.39]

[Page 298]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER IX--AGRICULTURAL MARKETING SERVICE (Marketing Agreements and 
      Orders; Fruits, Vegetables, Nuts), DEPARTMENT OF AGRICULTURE
 
PART 932_OLIVES GROWN IN CALIFORNIA--Table of Contents
 
                    Subpart_Order Regulating Handling
 
Sec.  932.39  Assessments.

    (a) As each handler's pro rata share of the expenses which the 
Secretary finds are reasonable and likely to be incurred by the 
committee during a fiscal year, each handler who first handles olives 
during the current crop year shall pay to the committee, upon demand, 
assessments less any amounts which may be credited pursuant to Sec.  
932.45, on all olives to be used in the production of packaged olives, 
including olives to be used in canned ripe olives of the ``tree-
ripened'' type or green olives when such are regulated as packaged 
olives pursuant to Sec.  932.52. The payment of assessments for 
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 such handler during a fiscal year in an amount designed to secure 
sufficient funds to cover the expenses which may be incurred during such 
period. At any time during or after the fiscal year, the Secretary may 
increase the rate of assessment in order to secure sufficient funds to 
cover any later finding by the Secretary relative to the expenses which 
may be incurred. Such increase shall be applied to all olives handled 
during the applicable crop year. In order to provide funds for the 
administration of the provisions of this part during the first part of a 
fiscal year before sufficient operation income is available from 
assessments, the committee may accept the payment of assessments in 
advance, and may also borrow money for such purpose.
    (c) Any assessment not paid by a handler within a period of time 
prescribed by the committee may be subject to an interest or late 
payment charge, or both. The period of time, rate of interest and late 
payment charge shall be as recommended by the committee and approved by 
the Secretary. Subsequent to such approval, all assessments not paid 
within the presecribed period of time shall be subject to an interest or 
late payment charge or both.

[47 FR 32908, July 30, 1982, as amended at 47 FR 51093, Nov. 12, 1982]