(a) In the case of a fiscal year for which the amount appropriated under section 753 of the Act is less than $13,000,000, the Secretary awards noncompetitive continuation grants for a multi-year project to pay for the costs of activities for which a grant was awarded--
(1) Under chapter 2 of title VII of the Act; or
(2) Under part C of title VII of the Act, as in effect on October 28, 1992.
(b) To be eligible to receive a noncompetitive continuation grant under this part, a grantee must satisfy the applicable requirements in this part and in 34 CFR 75.253. (Approved by the Office of Management and Budget under control number 1820-0018) (Authority: 29 U.S.C. 796k(b)(2))