GroundRules
31 CFR 535.704: Penalty notice.
Where this section sits in the code
- Title 31—Money and Finance: Treasury
- Subtitle B—Regulations Relating to Money and Finance
- CHAPTER V—OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY
- PART 535—IRANIAN ASSETS CONTROL REGULATIONS
- Subpart G—Penalties
(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.
Collected 2026-08-27T02:25:25Z. Source file · JSON