31.205-36  Rental costs.

3.  Amend section 31.205-36 by revising paragraph (a) to read as follows:

31.205-36  Rental costs.

(a)  This subsection is applicable to the cost of renting or leasing real or personal property acquired under "operating leases" as defined in Financial Accounting Standards Board's Accounting Standards Codification (FASB ASC) 840, Leases. (See 31.205-11 for Capital Leases.)

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