Notice of sale procedures.

CFR · 2024-01-01 · US · Title 7

(a) (b) (2) The supplier will prepare Form FAS-359, “Declaration of Sale,” and submit it to Pub. L. 480 Operations Division promptly as soon as FAS has provided the CCC Registration Number to the supplier. The supplier or the supplier's authorized representative must sign the form. (3) Each Form FAS-359 shall cover only a single sale contract. If a sale is made under two or more purchase authorizations, the supplier will prepare separate forms for each purchase authorization. (4) If any correction is needed to the Form FAS-359, the supplier must immediately notify FAS. If a contract is amended, the supplier should present the original Form FAS-359 for payment along with a copy of the written USDA approval of the contract amendment. (c) (2) On receipt of a notice of disapproval, the supplier shall promptly notify the importer. (d) (e) (2) The notice of contract amendment must contain the following: (i) A request that USDA approve an amendment to the specifically identified sale contract between (the participant or importer) and (the commodity supplier). (ii) A statement of what the amendment consists of (as, extension of delivery period through (date)) and a detailed explanation of the reasons for the amendment. (iii) A statement that the contract amendment has been agreed to by both buyer and seller. (3) Pub. Law 480 Operations Division, FAS, will notify the supplier as to whether the amendment is approved or disapproved. (4) The supplier shall furnish a copy of the USDA appr

official document · source cfr-2024 · id 7:§ 17.7