---
kind: "section"
citation: "29 C.F.R. § 779.268"
title: "29"
number: "779.268"
heading: "Grace period of 1 month for computation."
url: "https://uscodex.org/cfr/29/779.268"
---

# §779.268. Grace period of 1 month for computation.


Where it is not practicable to compute the annual gross volume of sales or business under [paragraph (b)](/cfr/29/779.266.md?p=b) of § 779.266 in time to determine obligations under the Act for the current quarter, an enterprise or establishment may use a 1-month grace period. If this 1-month grace period is used, the computations made under this section will determine its obligations under the Act for the 3-month period commencing 1 month after the end of the preceding calendar or fiscal quarter. Once adopted the same basis must be used for each successive 3-month period.


## Notes

### Authority

Authority: Secs. 1-19, 52 Stat. 1060, as amended; 75 Stat. 65; Sec. 29(B), Pub. L. 93-259, 88 Stat. 55; 29 U.S.C. 201-219.

### Source

Source: 35 FR 5856, Apr. 9, 1970, unless otherwise noted.