Current through Reigster Vol. 28, No. 6, December 1, 2024
Section 1401-16.0 - Family and Medical Leave Insurance Account Fund; establishment and investment16.1 For purposes of the Act and this regulation, the Division may use expenditures from the Fund to pay for the costs associated with administering the provisions of the Act. Administrative costs are those reasonable costs incurred and necessary for the Division to perform any of the functions under the Act or this regulation.16.2 The deposits into and withdrawals out of the Family and Medical Leave Insurance Account Fund ("Fund") shall be tracked, accounted for, and verified on a calendar day basis.16.3 The Office of the State Treasurer shall manage and invest the monies in the Fund as directed by the Act. The Division shall follow Government Accounting Standards Board ("GASB") rules in recording the transactions of the Division's account.19 Del. Admin. Code § 1401-16.0
27 DE Reg. 52 (7/1/2023) (Final)