Termination is effective on the latest of:
    
    
        
        (a) 
         The date of delivery to the grantee of the notice of termination;
     
    
        
        (b) 
         The termination date given in the notice of termination; or
     
    
    
        
            Code of Federal Regulations
        
        (Authority: 
                20 U.S.C. 1221e-3 and 3474
            )
    
    
        
            Code of Federal Regulations
        
        [45 FR 22497, Apr. 3, 1980. Redesignated at 45 FR 77368, Nov. 21, 1980, as amended at 45 FR 86298, Dec. 30, 1980]