TITLE 29 - LABOR

SUBTITLE B - REGULATIONS RELATING TO LABOR

CHAPTER V - WAGE AND HOUR DIVISION, DEPARTMENT OF LABOR

SUBCHAPTER A - REGULATIONS

PART 531 - WAGE PAYMENTS UNDER THE FAIR LABOR STANDARDS ACT OF 1938

subpart b - DETERMINATIONS OF ''REASONABLE COST'' AND ''FAIR VALUE''; EFFECTS OF COLLECTIVE BARGAINING AGREEMENTS

531.5 - Making determinations of “fair value.”

  (a) Procedure. The procedures governing the making of determinations of the fair value of board, lodging, or other facilities for defined classes of employees and in defined areas under section 3(m) of the Act shall be the same as that prescribed in 531.4 with respect to determinations of reasonable cost.

  (b) Petitions of interested persons. Any petition by an employee or an authorized representative of employees, an employer or group of employers, or other interested persons for a determination of fair value under section 3(m) of the Act shall contain the information required under paragraph (b) of 531.4, and in addition, to the extent possible, the following: (1) A proposed definition of the class or classes of employees involved; (2) A proposed definition of the area to which any requested determination would apply; (3) Any measure of fair value of the furnished facilities which may be appropriate in addition to the cost of such facilities.