[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: 7CFR1486.503]

[Page 774-775]
 
                          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. 1486.503  How is program compliance monitored?

    (a) The CRS, FAS, performs periodic on-site reviews of Recipients to 
ensure compliance with this part, applicable federal regulations, and 
the terms of the project agreements. Program funds spent inappropriately 
or on unapproved activities must be returned to CCC. The CRS will review 
contributions from Recipients for compliance with project budgets as 
approved and specified in the agreements.

[[Page 775]]

    (b) The Director, CRS, will notify a Recipient through a compliance 
report when, in the opinion of the Director, CRS, it appears that CCC is 
entitled to recover funds from that Recipient. The report will state the 
basis for this action.