(a) General. The provisions of 41 CFR 29-70.205, program income and
interest earned, shall apply to Native American grantee programs.
(b) Income generated under any program may be retained by the
recipient to continue to carry out the program, notwithstanding the
expiration of DOL financial assistance for that program.
(c) Special provisions. Income earned as a result of activities of
JTPA participants by an income generating enterprise, which is owned by
an Indian tribe, band or group or an Alaskan native entity, and the
profits of which are used exclusively for governmental, charitable,
educational, civic, social or other similar purposes, may be retained by
such enterprise and used in the same manner as other income of such
enterprise.