If a State Agency or Local Government has retained an independent trustee or certified public accounting firm to perform arbitrage rebate calculations and prepare reports of arbitrage rebate liability on bonds issued by the Division or on behalf of an issuer agency, or if the bond documents provide that a developer is responsible for arbitrage calculations for a multi-family housing bond issue, the Division may rely on those arbitrage rebate calculations and reports of arbitrage rebate liability in maintaining the arbitrage rebate compliance for those State bond issues.
Rulemaking Authority 215.64(11), 215.835 FS. Law Implemented 215.64(11), 215.655 FS. History-New 12-10-91, Formerly 13K-7.007.