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§948.103. Fiscal period.

7 C.F.R. § 948.103

Pursuant to § 948.10, the fiscal periods for each area shall be as follows:
(a)
Area No. 1 and Area No. 3 shall begin July 1 and end June 30, of the following year, both dates inclusive;
(b)
Area No. 2 shall begin September 1 and end August 31, of the following year, both dates inclusive. The 1986-87 fiscal period which began July 1, 1986, will be extended two months to August 31, 1987.
Notes, amendments, and revision history

Amendments

[52 FR 12515, Apr. 17, 1987]

Source

Source: 26 FR 5219, June 10, 1961, unless otherwise noted. Redesignated at 26 FR 12751, Dec. 30, 1961.

Authority

Authority: 7 U.S.C. 601-674.

Amendments

[52 FR 12515, Apr. 17, 1987]