31 C.F.R. § 535.704

Current through October 31, 2024
Section 535.704 - Penalty notice
(a)No violation. If, after considering any presentations made in response to the prepenalty notice, the Director determines that there was no violation by the person named in the prepenalty notice, they promptly shall notify the person in writing of that determination and that no monetary penalty will be imposed.
(b)Violation. If, after considering any presentations made in response to the prepenalty notice, the Director determines that there was a violation by the person named in the prepenalty notice, they promptly shall issue a written notice of the imposition of the monetary penalty to that person.

31 C.F.R. §535.704

53 FR 7356, Mar. 8, 1988, as amended by 89 FR 15741 , Mar. 5, 2024
As amended by 89 FR 15741 , 3/5/2024