29 CFR 779.268
§ 779.268 Grace period of 1 month for computation.
United States · 29 CFR — Labor · Status: effective
Cite this
- Citation
- 29 CFR 779.268, § 779.268 Grace period of 1 month for computation, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/126245
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Full text
Where it is not practicable to compute the annual gross volume of sales or business under paragraph (b) of § 779.266 in time to determine obligations under the Act for the current quarter, an enterprise or establishment may use a 1-month grace period. If this 1-month grace period is used, the computations made under this section will determine its obligations under the Act for the 3-month period commencing 1 month after the end of the preceding calendar or fiscal quarter. Once adopted the same basis must be used for each successive 3-month period.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.