(a) The district director may require a representative payee to
submit periodic reports including a full accounting of the use of all
benefit payments certified to a representative payee. If a requested
report or accounting is not submitted within the time allowed, the
district director shall terminate the certification of the
representative payee and thereafter payments shall be made directly to
the beneficiary. A certification which is terminated under this section
may be reinstated for good cause, provided that all required reports
are supplied to the district director.
(b) A representative payee who has conserved or invested funds from
payments under this part shall, upon the direction of the district
director, transfer any such funds (including interest) to a successor
payee appointed by the district director or, at the option of the
district director, shall transfer such funds to the Office for
recertification to a successor payee or the beneficiary.
