§ 18.549 - Alternate funds disbursal procedure.  


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  • § 18.549 Alternate funds disbursal procedure.

    (a) When VA withholds funds from a recipient under these regulations, the Secretary may disburse the withheld funds directly to an alternate recipient: Any public or non-profit private organization or agency, or State or political subdivision of the State.

    (b) The Secretary will require any alternate recipient to demonstrate;

    (1) The ability to comply with these regulations; and

    (2) The ability to achieve the goals of the Federal statute authorizing the Federal financial assistance.

    [50 FR 34133, Aug. 23, 1985, as amended at 68 FR 51372, Aug. 26, 2003]