---
kind: "section"
citation: "7 C.F.R. § 1488.3"
title: "7"
number: "1488.3"
heading: "General."
url: "https://uscodex.org/cfr/7/1488.3"
---

# §1488.3. General.


When considering the extension of CCC credit for the purpose of financing agricultural commodities, CCC will take into account the extent to which CCC credit financing will:

- (a) Permit U.S. exporters to meet competition from other countries.
- (b) Prevent a decline in U.S. commercial export sales.
- (c) **Substitute commercial dollar sales for sales made pursuant to Pub.** L. 480 or other concessional programs.
- (d) **Result in a new use of the agricultural commodity in the importing country.**
- (e) Permit expanded consumption of agricultural commodities in the importing country and thereby increase total commercial sales of agricultural commodities to the importing country.

## Notes

### Source

Source: 42 FR 10999, Feb. 25, 1977, unless otherwise noted.

### Authority

Authority: Sec. 5(f), 62 Stat. 1072 (15 U.S.C. 714c) and sec. 4(a), 80 Stat. 1538, as amended by sec. 101, 92 Stat. 1685 (7 U.S.C. 1707a(a)).