(a) * * *
(1) Such RLF Income and the administrative costs are incurred in the same six-month Reporting Period;
(2) RLF Income that is not used for administrative costs during the six-month Reporting Period is made available for lending activities;
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(b) Compliance guidance. When charging costs against RLF Income, RLF Recipients must comply with applicable Federal cost principles and audit requirements as found in:
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