Content Last Revised: 10/22/70 ---DISCLAIMER---

CFR	Code of Federal Regulations Pertaining to U.S. Department of Labor

Title 29

Labor

Chapter V

Wage and Hour Division, Department of Labor

Part 794

Partial Overtime Exemption for Employees of Wholesale or Bulk Petroleum Distributors Under Section 7(B)(3) of the Fair Labor Standards Act

Subpart B

Exemption From Overtime Pay Requirements Under Section 7(b)(3) of the Act

• Section Number: 794.125
• Section Name: Grace period of 1 month for compliance.

    Where it is not practicable to compute the annual gross volume of 
sales under Sec. 794.123 or Sec. 794.124 in time to determine 
obligations under the Act for the current quarter, an enterprise may use 
a 1-month grace period. If this 1-month grace period is used, the 
computations made under those sections will determine its obligations 
under the Act for the 3-month period commencing 1 month after the end of 
the preceding calendar or fiscal quarter. Once adopted the same basis 
must be used for each successive 3-month period.