# 50 CFR § 600.125: Budgeting, funding, and accounting

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-50-600.125

## Section

- **Citation:** 50 CFR § 600.125
- **Heading:** Budgeting, funding, and accounting
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 50—Wildlife and Fisheries > CHAPTER VI—FISHERY CONSERVATION AND MANAGEMENT, NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, DEPARTMENT OF COMMERCE > PART 600—MAGNUSON-STEVENS ACT PROVISIONS > Subpart B—Regional Fishery Management Councils

## Text

(a) Council grant activities are governed by 15 CFR part 14 (Uniform Administrative Requirements for Grants and Agreements with Institutions of Higher Education, Hospitals, and other Non-Profit and Commercial Organizations), 2 CFR part 230 (Cost Principles for Non-Profit Organizations), 15 CFR part 14 (Audit Requirements for Institutions of Higher Education and Other Non-Profit Organizations), and the terms and conditions of the cooperative agreement.
(b) Councils may not independently enter into agreements, including grants, contracts, or cooperative agreements, whereby they will receive funds for services rendered. All such agreements must be approved and entered into by NOAA on behalf of the Councils.
(c) Councils are not authorized to accept gifts or contributions directly. All such donations must be directed to the NMFS Regional Administrator in accordance with applicable Department of Commerce regulations.
[66 FR 57887, Nov. 19, 2001, as amended at 75 FR 59150, Sept. 27, 2010]

## Nearby sections

- [50 CFR § 600.5 § 600.5 Purpose and scope.](https://www.frixlaw.com/law-library/statutes/ecfr-50-600.5.md)
- [50 CFR § 600.10 § 600.10 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-50-600.10.md)
- [50 CFR § 600.15 § 600.15 Other acronyms.](https://www.frixlaw.com/law-library/statutes/ecfr-50-600.15.md)
- [50 CFR § 600.105 § 600.105 Intercouncil boundaries.](https://www.frixlaw.com/law-library/statutes/ecfr-50-600.105.md)
- [50 CFR § 600.110 § 600.110 Intercouncil fisheries.](https://www.frixlaw.com/law-library/statutes/ecfr-50-600.110.md)
- [50 CFR § 600.115 § 600.115 Statement of organization, practices, and procedures (SOPP).](https://www.frixlaw.com/law-library/statutes/ecfr-50-600.115.md)
- [50 CFR § 600.117 § 600.117 Council coordination committee (CCC).](https://www.frixlaw.com/law-library/statutes/ecfr-50-600.117.md)
- [50 CFR § 600.120 § 600.120 Employment practices.](https://www.frixlaw.com/law-library/statutes/ecfr-50-600.120.md)
- [50 CFR § 600.125 § 600.125 Budgeting, funding, and accounting.](https://www.frixlaw.com/law-library/statutes/ecfr-50-600.125.md)
- [50 CFR § 600.130 § 600.130 Protection of confidentiality of statistics.](https://www.frixlaw.com/law-library/statutes/ecfr-50-600.130.md)
- [50 CFR § 600.133 § 600.133 Scientific and Statistical Committee (SSC).](https://www.frixlaw.com/law-library/statutes/ecfr-50-600.133.md)
- [50 CFR § 600.134 § 600.134 Stipends.](https://www.frixlaw.com/law-library/statutes/ecfr-50-600.134.md)
- [50 CFR § 600.135 § 600.135 Meeting procedures.](https://www.frixlaw.com/law-library/statutes/ecfr-50-600.135.md)
- [50 CFR § 600.140 § 600.140 Procedure for proposed regulations.](https://www.frixlaw.com/law-library/statutes/ecfr-50-600.140.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-50-600.125. Check the current official text before relying on it. Not legal advice.