Fiscal period.

Pursuant to § 948.10, the fiscal periods for each area shall be as follows: (a) Area No. 1 and Area No. 3 shall begin July 1 and end June 30, of the following year, both dates inclusive; (b) Area No. 2 shall begin September 1 and end August 31, of the following year, both dates inclusive. The 1986-87 fiscal period which began July 1, 1986, will be extended two months to August 31, 1987. [52 FR 12515, Apr. 17, 1987] Effective Date Note: At 57 FR 61774, Dec. 29, 1992, in § 948.103, in paragraph (a), the words “Area No. 1 and” were suspended indefinitely.