§23.49. Alternate funds disbursal procedure.
31 C.F.R. § 23.49
When Treasury withholds funds from a recipient under these regulations, the Secretary may disburse the withheld funds directly to an alternate recipient, where appropriate: Any public or non-profit private organization or agency, or State or political subdivision of the State.
The Secretary will require any alternate recipient to demonstrate:
The ability to comply with these regulations; and
The ability to achieve the goals of the Federal statute authorizing the Federal financial assistance.
Notes, amendments, and revision history
Authority
Authority: Age Discrimination Act of 1975, as amended, 42 U.S.C. 6101 et seq. (45 CFR part 90)
Source
Source: 82 FR 47108, Oct. 11, 2017, unless otherwise noted.