[Code of Federal Regulations]
[Title 7, Volume 10]
[Revised as of January 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1416.206]

[Page 439-440]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
 
PART 1416_2006 EMERGENCY AGRICULTURAL DISASTER ASSISTANCE PROGRAMS--Table of 
 
                Subpart C_Livestock Indemnity Program II
 
Sec. 1416.206  Availability of funds.

    (a) In the event that the total amount of eligible claims submitted 
by eligible livestock owners under this subpart exceeds $30 million, 
each payment to eligible livestock owner shall be reduced by a uniform 
national percentage, as determined by CCC.

[[Page 440]]

    (b) Such payment reduction shall be applied after the imposition of 
the applicable per-person payment limitations in Sec. 1416.6.