29 CFR § 531.5 - Making determinations of “fair value.”
---identifier: "/us/cfr/t29/s531.5"source: "ecfr"legal_status: "authoritative_unofficial"title: "29 CFR § 531.5 - Making determinations of “fair value.”"title_number: 29title_name: "Labor"section_number: "531.5"section_name: "Making determinations of “fair value.”"chapter_name: "WAGE AND HOUR DIVISION, DEPARTMENT OF LABOR"subchapter_number: "A"subchapter_name: "REGULATIONS"part_number: "531"part_name: "WAGE PAYMENTS UNDER THE FAIR LABOR STANDARDS ACT OF 1938"positive_law: falsecurrency: "2026-03-24"last_updated: "2026-03-24"format_version: "1.1.0"generator: "[email protected]"authority: "29 U.S.C. 203(m) and (t), as amended by sec. 3(m), Pub. L. 75-718, 52 Stat. 1060; sec. 2, Pub. L. 87-30, 75 Stat. 65; sec. 101, sec. 602, Pub. L. 89-601, 80 Stat. 830; sec. 29(B), Pub. L. 93-259, 88 Stat. 55 sec. 3, sec. 15(c), Pub. L. 95-151, 91 Stat 1245; sec. 2105(b), Pub. L. 104-188, 110 Stat 1755; sec. 8102, Pub. L. 110-28, 121 Stat. 112; and sec. 1201, Div. S., Tit. XII, Pub. L. 115-141, 132 Stat. 348."regulatory_source: "32 FR 13575, Sept. 28, 1967, unless otherwise noted."cfr_part: "531"---
Identifier
/us/cfr/t29/s531.5
Currency
2026-03-24
Positive Law
No
Updated
2026-03-24
Chapter
Wage and Hour Division, Department of Labor
Authority
29 U.S.C. 203(m) and (t), as amended by sec. 3(m), Pub. L. 75-718, 52 Stat. 1060; sec. 2, Pub. L. 87-30, 75 Stat. 65; sec. 101, sec. 602, Pub. L. 89-601, 80 Stat. 830; sec. 29(B), Pub. L. 93-259, 88 S... 29 U.S.C. 203(m) and (t), as amended by sec. 3(m), Pub. L. 75-718, 52 Stat. 1060; sec. 2, Pub. L. 87-30, 75 Stat. 65; sec. 101, sec. 602, Pub. L. 89-601, 80 Stat. 830; sec. 29(B), Pub. L. 93-259, 88 Stat. 55 sec. 3, sec. 15(c), Pub. L. 95-151, 91 Stat 1245; sec. 2105(b), Pub. L. 104-188, 110 Stat 1755; sec. 8102, Pub. L. 110-28, 121 Stat. 112; and sec. 1201, Div. S., Tit. XII, Pub. L. 115-141, 132 Stat. 348.
# 531.5 Making determinations of “fair value.”(a) *Procedure.* The procedures governing the making of determinations of the “fair value” of board, lodging, or other facilities for defined classes of employees and in defined areas under section 3(m) of the Act shall be the same as that prescribed in § 531.4 with respect to determinations of “reasonable cost.”(b) *Petitions of interested persons.* Any petition by an employee or an authorized representative of employees, an employer or group of employers, or other interested persons for a determination of “fair value” under section 3(m) of the Act shall contain the information required under paragraph (b) of § 531.4, and in addition, to the extent possible, the following:(1) A proposed definition of the class or classes of employees involved;(2) A proposed definition of the area to which any requested determination would apply;(3) Any measure of “fair value” of the furnished facilities which may be appropriate in addition to the cost of such facilities.