Section 503 B

Office of federal contract compliance programs ofccp.

Section 503 b. The revised section 503 regulations aim to change these statistics by requiring employers who are federal contractors or subcontractors to set affirmative action goals and to report progress toward meeting these goals. Ra section 503 new rules are enforced by the u s. First what on earth is section 503 b 9.

Section 503 b 9 is generally recognized as an alternative and more desirable remedy to reclamation rights which are addressed under section 546 c of the bankruptcy code. B effective date section 503a of the federal food drug and cosmetic act added by subsection a shall take effect upon the expiration of the 1 year period beginning on the date of the. Section 503 of the rehabilitation act of 1973 is a law that prohibits federal contractors and subcontractors from discriminating in employment against individuals with disabilities and requires employers take affirmative action to recruit hire promote and retain these individuals.

It is the section of the bankruptcy code that allows the value of any goods received by the debtor within 20 days before the date of commencement of a case under this title in which the goods have been sold to the debtor in the ordinary course of such debtor s business to be considered. As an outsourcing facility under section 503b of the federal food drug and cosmetic act fd c act 21 u s c. The preamble to section 503 b makes clear that none of the paragraphs of section 503 b apply to claims or expenses of the kind specified in section 502 f that arise in the ordinary course of the debtor s business.

Section 503b defines an outsourcing facility in part as a facility at. I previously addressed what steps to take to ensure that you are getting the most bang for your 503 b 9 bucks.