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Electronic Code of Federal Regulations

e-CFR Data is current as of March 27, 2015

Title 20Chapter VPart 667Subpart A → §667.140

Title 20: Employees' Benefits
Subpart A—Funding

§667.140   Does a Local Board have the authority to transfer funds between programs?

(a) A Local Board may transfer up to 20 percent of a program year allocation for adult employment and training activities, and up to 20 percent of a program year allocation for dislocated worker employment and training activities between the two programs.

(b) Before making any such transfer, a Local Board must obtain the Governor's approval.

(c) Local Boards may not transfer funds to or from the youth program.

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