§ 1464.310 - Misrepresentation and scheme or device.  


Latest version.
  • (a) A producer who is determined to have erroneously represented any fact affecting a program determination made in accordance with this part shall not be entitled to payments and must refund all payments, plus interest determined in accordance with part 1403 of this chapter.

    (b) A producer who is determined to have knowingly:

    (1) Adopted any scheme or device that tends to defeat the purpose of the program;

    (2) Made any fraudulent representation; or

    (3) Misrepresented any fact affecting a program determination, shall refund to CCC all payments, plus interest determined in accordance with part 1403 of this chapter received by such producer with respect to all applications and the producer's interest in all applications shall be terminated.