§ 752.15 - Adjustment of annual rates.

Related Notices
- 95-31397. Interim final rule. 95-31397. National Appeals Division Rules of Procedure

Latest version.

(a) The county committee shall reexamine the payment rates with respect to each agreement at the beginning of the fifth year of any ten-year initial or renewal period and before the renewal period expires.

(b) An adjustment in the payment rates shall be made for any initial or renewal period taking into consideration the current land rental rates and crop values in the area. No adjustment shall be made in a payment rate which will result in a reduction of an annual payment rate from the rate which is specified in the initial agreement.

                    
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