§ 351.504 - Grants.  


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  • § 351.504 Grants.

    (a) Benefit. In the case of a grant, a benefit exists in the amount of the grant.

    (b) Time of receipt of benefit. In the case of a grant, the Secretary normally will consider a benefit as having been received on the date on which the firm received the grant.

    (c) Allocation of a grant to a particular time period. The Secretary will allocate the benefit from a grant to a particular time period in accordance with § 351.524.