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§1124.72. Payments from the producer-settlement fund. — Inbound Citations

7 C.F.R. § 1124.72

Cited by 1 regulation in release Current.

Citations to 7 U.S.C. § 1124.72 as a whole

  • (d) If a handler has not received full payment from the market administrator pursuant to § 1124.72 by the payment date specified in paragraph (a), (b) or (c) of this section, the handler may reduce pro rata its payments to producers or to the cooperative association (with respect to receipts described in paragraph (b) of this section, prorating the underpayment to the volume of milk received from the cooperative association in proportion to the total milk received from producers by the handler), but not by more than the amount of the underpayment. The payments shall be completed on the next scheduled payment date after receipt of the balance due from the market administrator.