1. Regulations
  2. title 30
  3. chapter V
  4. part 550
  5. subpart N
  6. subjgrp 235
  7. § 550.1471

View all text of Subjgrp 235 [§ 550.1470 - § 550.1477]

§ 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: 25 U.S.C. 3001

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

CITE AS: 30 CFR 550.1471