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    "ocrText": "LEXIS®-NEXIS® View Printable Page\nhttp://web.lexis-nexis.com/In.universe/search/submitViewTagged\n(7) Any funds not obligated during the obligation period specified in paragraph (d) of this section will\nrevert to the Federal government. Any funds not liquidated by the end of the applicable liquidation\nperiod specified in paragraph (d) of this section will also revert to the Federal government.\n(e) The following obligation and liquidation provisions apply to Tribal Discretionary and Tribal Mandatory\nFunds:\n(1) Tribal grantees shall obligate all funds by the end of the fiscal year following the fiscal year for\nwhich the grant is awarded. Any funds not obligated during this period will revert to the Federal\ngovernment.\n(2) Obligations that remain unliquidated at the end of the succeeding fiscal year shall be liquidated\nwithin the next fiscal year. Any tribal funds that remain unliquidated by the end of this period will also\nrevert to the Federal government.\n(f) Cash advances shall be limited to the minimum amounts needed and shall be timed to be in accord\nwith the actual, immediate cash requirements of the State Lead Agency, its subgrantee or contractor in\ncarrying out the purpose of the program in accordance with 31 CFR part 205.\n(g) Funds that are returned (e.g., loan repayme ts, funds deobligated by cancellation of a child care\ncertificate, unused subgrantee funds) as well as program income (e.g., contributions made by families\ndirectly to the Lead Agency or subgrantee for the cost of care where the Lead Agency or subgrantee has\nmade a full payment to the child care provider) shall,\n(1) if received by the Lead Agency during the applicable obligation period, described in paragraphs (d)\nand (e) of this section, be used for activities specified in the Lead Agency's approved plan and must be\nobligated by the end of the obligation period; or\n(2) if received after the end of the applicable obligation period described at paragraphs (d) and (e) of\nthis section, be returned to the Federal government.\n(h) Repayment of loans, pursuant to § 98.51(a)(2)(ii), may be made in cash or in services provided\nin-kind. Payment provided in-kind shall be based on fair market value. All loans shall be fully repaid.\n(i) Lead Agencies shall recover child care payments that are the result of fraud. These payments shall\nbe recovered from the party responsible for committing the fraud.\nHISTORY:\n[57 FR 34413, Aug. 4, 1992; 63 FR 39936, 39991, July 24, 1998]\nPHOTOCOPY\nAUTHORITY:\nPRESERVATION\nAUTHORITY NOTE APPLICABLE TO ENTIRE PART:\n42 U.S.C. 618, 9858.\nNOTES:\n[EFFECTIVE DATE NOTE: 63 FR 39936, 39991, July 24, 1998, revised Part 98, effective Aug. 24, 1998.]\n891 words\n45 of 72\n7/13/2000 12:40 PM"
}