20 C.F.R. § 632.34 Program income.
Title 20 - Employees' Benefits
(a) General. The provisions of 41 CFR 29–70.205, program income and interest earned, shall apply to Native American grantee programs. (b) Income generated under any program may be retained by the recipient to continue to carry out the program, notwithstanding the expiration of DOL financial assistance for that program. (c) Special provisions. Income earned as a result of activities of JTPA participants by an income generating enterprise, which is owned by an Indian tribe, band or group or an Alaskan native entity, and the profits of which are used exclusively for governmental, charitable, educational, civic, social or other similar purposes, may be retained by such enterprise and used in the same manner as other income of such enterprise.
Title 20: Employees' Benefits
PART 632—INDIAN AND NATIVE AMERICAN EMPLOYMENT AND TRAINING PROGRAMS
Subpart D—Administrative Standards and Procedures
§ 632.34 Program income.
