Alaska Admin. Code tit. 15, § 151.840 – Compliance monitoring by the corporation | Midpage
§ 15.151.840
Alaska Admin. Code tit. 15, § 151.840
Compliance monitoring by the corporation
Effective May 7, 1993Alaska Register 130(Eff. 5/7/93, Register 130) | Authority: AS 18.55.100
(a) Pursuant to 26 U.S.C. 42(m)(1)(B)(iii), the Corporation is responsible for monitoring projects receiving an allocation under 15 AAC 151.710 - 15 AAC 151.840 for non-compliance with the provisions of the code and in notifying the Internal Revenue Service of such non-compliance of which the Corporation becomes aware.
(b) The Corporation will, in its discretion, delegate its responsibility for monitoring for non-compliance referenced in 15 AAC 151.840(a) to an agent of the Corporation or other private contractor.