Source: 20 FR 5679, Aug. 6, 1955, unless otherwise noted.
The regulations in this part set forth the requirements for
authorization of established basic rates to be used in the computation
of overtime pay in accordance with section 7(g)(3) of the Fair Labor
Standards Act of 1938, as amended. Payment of overtime compensation in
accordance with other subsections of section 7 of the Act is explained
in part 778 of this title (Interpretative Bulletin on Overtime
Compensation).