Okla. Admin. Code § 670:10-5-2

Current through Vol. 41, No. 24, September 3, 2024

Section 670:10-5-2 - Waiver of penalty for failure to timely file semimonthly report

(a)Criteria considered by Service Oklahoma. Service Oklahoma may waive the penalty for failing to file a semimonthly report in a timely manner if all the following criteria have been met:

(1) The funds to which the report applies have been properly deposited.

(2) The failure to timely file the report was due to emergency conditions beyond the control of the licensed operator.

(3) The report has been filed within a week of the date on which it was required to be filed on.

(b)Not applicable to penalties associated with late deposits. These criteria in no way affect penalty assessments for late deposits.

(c)Penalties not a part of licensed operator operating expenses. Any licensed operator who pays a penalty in this situation may not allocate that payment as a part of operating expenses, but shall use personal funds for payment.

Okla. Admin. Code § 670:10-5-2

Adopted by Oklahoma Register, Volume 41, Issue 23, August 15, 2024, eff. 8/25/2024