
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 15USC6906]

 
                      TITLE 15--COMMERCE AND TRADE
 
 CHAPTER 95--MICROENTERPRISE TECHNICAL ASSISTANCE AND CAPACITY BUILDING 
                                 PROGRAM
 
Sec. 6906. Matching requirements


(a) In general

    Financial assistance under this chapter shall be matched with funds 
from sources other than the Federal Government on the basis of not less 
than 50 percent of each dollar provided by the Administration.

(b) Sources of matching funds

    Fees, grants, gifts, funds from loan sources, and in-kind resources 
of a grant recipient from public or private sources may be used to 
comply with the matching requirement in subsection (a) of this section.

(c) Exception

                           (1) In general

        In the case of an applicant for assistance under this chapter 
    with severe constraints on available sources of matching funds, the 
    Administrator may reduce or eliminate the matching requirements of 
    subsection (a) of this section.

                           (2) Limitation

        Not more than 10 percent of the total funds made available from 
    the Administration in any fiscal year to carry out this chapter may 
    be excepted from the matching requirements of subsection (a) of this 
    section, as authorized by paragraph (1) of this subsection.

(Pub. L. 103-325, title I, Sec. 177, as added Pub. L. 106-102, title 
VII, Sec. 725, Nov. 12, 1999, 113 Stat. 1474.)
