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  <FDSYS>
    <CFRTITLE>13</CFRTITLE>
    <CFRTITLETEXT>Business Credit and Assistance</CFRTITLETEXT>
    <VOL>1</VOL>
    <DATE>2006-01-01</DATE>
    <ORIGINALDATE>2006-01-01</ORIGINALDATE>
    <COVERONLY>false</COVERONLY>
    <TITLE>When is a concern removed from the List?</TITLE>
    <GRANULENUM>126.504</GRANULENUM>
    <HEADING>Section 126.504</HEADING>
    <ANCESTORS>
      <PARENT HEADING="Title 13" SEQ="3">Business Credit and Assistance</PARENT>
      <PARENT HEADING="CHAPTER I" SEQ="2">SMALL BUSINESS ADMINISTRATION</PARENT>
      <PARENT HEADING="PART 126" SEQ="1">HUBZONE PROGRAM</PARENT>
      <PARENT HEADING="Subpart E" SEQ="0">Maintaining HUBZone Status</PARENT>
    </ANCESTORS>
  </FDSYS>
  <SECTION>
    <SECTNO>§ 126.504</SECTNO>
    <SUBJECT>When is a concern removed from the List?</SUBJECT>
    <P>If SBA determines at any time that a HUBZone SBC is not qualified, SBA may de-certify the HUBZone SBC, remove the concern from the List, and seek imposition of penalties pursuant to § 126.900. An adverse finding in the resolution of a protest also may result in de-certification and removal from the List, and the imposition of penalties pursuant to § 126.900. Failure to notify SBA of a material change which could affect a concern's eligibility will result in immediate de-certification, removal from the List, and SBA may seek the imposition of penalties under § 126.900.</P>
    <CITA>[63 FR 31908, June 11, 1998. Redesignated at 69 FR 29424, May 24, 2004]</CITA>
  </SECTION>
</CFRGRANULE>
