7 CFR § 1486.508 - Suspension and termination.

---
identifier: "/us/cfr/t7/s1486.508"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 1486.508 - Suspension and termination."
title_number: 7
title_name: "Agriculture"
section_number: "1486.508"
section_name: "Suspension and termination."
chapter_name: "COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE"
subchapter_number: "C"
subchapter_name: "EXPORT PROGRAMS"
part_number: "1486"
part_name: "EMERGING MARKETS PROGRAM"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "7 U.S.C. 5623, 5662-5663."
regulatory_source: "84 FR 69986, Dec. 20, 2019, unless otherwise noted."
cfr_part: "1486"
---


# 1486.508 Suspension and termination.

(a) An agreement or subaward may be suspended or terminated in accordance with 2 CFR 200.338 or 200.339. FAS may suspend or terminate an agreement if it determines that:

(1) One of the bases in 2 CFR 200.338 or 200.339 for termination or suspension by FAS has been satisfied; or

(2) The continuation of the assistance provided under the agreement is no longer necessary or desirable.

(b) If an agreement is terminated, the Recipient:

(1) Is responsible for using or returning any CCC-provided funds, interest, or program income that have not been disbursed, as agreed to by FAS; and

(2) Must comply with any closeout and post-closeout procedures specified in the agreement and 2 CFR 200.343 and 200.344.