20 CFR 345.117 - When fractional part of cent may be disregarded.

Regulations last checked for updates: May 18, 2024

Title 20 - Employees' Benefits last revised: May 03, 2024

View all text of Subpart B [§ 345.110 - § 345.126]

§ 345.117 - When fractional part of cent may be disregarded.

In the payment of employers' contributions to the Board a fractional part of a cent shall be disregarded unless it amounts to one-half cent or more, in which case it shall be increased to one cent.

authority: 45 U.S.C. 362(l)

source: 61 FR 20072, May 3, 1996, unless otherwise noted.

cite as: 20 CFR 345.117