2 C.F.R. § 220.35 Effective date for changes.
Title 2 - Grants and Agreements
Title 2: Grants and Agreements
PART 220—COST PRINCIPLES FOR EDUCATIONAL INSTITUTIONS (OMB CIRCULAR A–21)
§ 220.35 Effective date for changes.
Institutions as of the start of their first fiscal year beginning after that date shall implement the provisions. Earlier implementation, or a delay in implementation of individual provisions, is permitted by mutual agreement between an institution and the cognizant Federal agency.
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