30 CFR 550.1471 - Does the penalty affect whether I owe interest?

Regulations last checked for updates: May 18, 2024

Title 30 - Mineral Resources last revised: May 15, 2024

View all text of Subpart N [§ 550.1400 - § 550.1497]

§ 550.1471 - Does the penalty affect whether I owe interest?

If you do not pay the penalty by the date required under § 550.1475(d), BOEM will assess you late payment interest on the penalty amount at the same rate interest is assessed under 30 CFR 1218.54.

authority: 30 U.S.C. 1751; 31 U.S.C. 9701; 43 U.S.C. 1334.

source: 76 FR 64623, Oct. 18, 2011, unless otherwise noted.

cite as: 30 CFR 550.1471