mechanical licensing collective budget

(19) Mechanical licensing collective budget .— The term “mechanical licensing collective budget” means a statement of the financial position of the mechanical licensing collective for a fiscal year or quarter thereof based on estimates of expenditures during the period and proposals for financing those expenditures, including a calculation of the collective total costs.

Source

17 USC § 115(e)(19)


Scoping language

As used in this section
Is this correct? or