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Content Last Revised: 10/22/70
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CFR  

Code of Federal Regulations Pertaining to ESA

Title 29  

Labor

 

Chapter V  

Wage and Hour Division, Department of Labor

 

 

Part 794  

Partial Overtime Exemption for Employees of Wholesale or Bulk Petroleum Distributors Under Section 7(B)(3) of the Fair Labor Standards Act

 

 

 

Subpart B  

Exemption From Overtime Pay Requirements Under Section 7(b)(3) of the Act

29 CFR 794.118 - Effect of unrelated activities.

  • Section Number: 794.118
  • Section Name: Effect of unrelated activities. 
    The term ``independently owned and controlled'' has reference to 
independence of ownership and control by others. Accordingly, the fact 
that the petroleum jobber may himself engage in other businesses which 
are not related to the enterprise engaged in the wholesale or bulk 
distribution of petroleum products, will not affect the question whether 
the petroleum enterprise is independently owned or controlled. For 
example, the fact that the wholesale or bulk petroleum distributor also 
owns or controls a wholly sep- arate tourist lodge enterprise or job 
printing business will not affect the status of his enterprise engaged 
in the wholesale or bulk distribution of petroleum products as an 
``independently controlled'' enterprise.
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