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CFR	Code of Federal Regulations Pertaining to ESA

Title 29

Labor

Chapter V

Wage and Hour Division, Department of Labor

Part 779

The Fair Labor Standards Act As Applied to Retailers of Goods or Services

Subpart C

Employment to Which the Act May Apply; Enterprise Coverage

• Section Number: 779.268
• Section Name: Grace period of 1 month for computation.

    Where it is not practicable to compute the annual gross volume of 
sales or business under paragraph (b) of Sec. 779.266 in time to 
determine obligations under the Act for the current quarter, an 
enterprise or establishment may use a 1-month grace period. If this 1-
month grace period is used, the computations made under this section 
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.