waiver of maintenance of effort requirements in certain cases

waiver of maintenance of effort requirements in certain cases Sec. 138. (a) Section 494(a) of the Higher Education Act of 1965 is amended by inserting before the period at the end thereof a comma and the following: “except that under special and unusual circumstances, pursuant to regulations, the Commissioner is authorized to waive the application of any provision of such an agreement which is required by this section.” (b) The amendment made by subsection (a) shall be deemed to be effective from the date of enactment of the Higher Education Act of 1965.