61.113 and expense reimbursements
On Nov 21, 3:06 pm, "Neil Gould" wrote:
Recently, posted:
Huh? Paying just 51% doesn't make 61.113(c) moot, but paying just 25%
does make it moot? So the boundary between mootness and non-mootness
lies somewhere between 50% and 25%?
If the actual calculation doesn't matter -- e.g. it could be 1% or 99% as
long as it can be "calculated precisely" -- then the FAR has no regulatory
power. How could one *not* meet the requirement if one has a calculator?
That is why I wrote that it would be moot.
Ok, thanks, I understand your point now. But you've missed the
essential meaning of "pro rata": it refers to a *proportionate* share,
not just any old calculated share. Hence, among four people, each
one's pro rata share would be 25%--not 1% or 99% or 50%.
In some specialized circumstances, pro rata amounts are not evenly
divided according to the number of people, but rather by some other
calculable criterion, such as the number of shares of a corporation
owned by each person. But by default, if you speak of a pro rata
distrubution among N people, you're referring to 1/Nth apiece, unless
a substitute criterion (such as corportate shares) is specified or
obvious.
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