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§135.5. Penalty.

25 C.F.R. § 135.5

To all assessments not paid on the due date, there shall be added a penalty of one-half of one percent per month or fraction thereof, from the due date so long as the delinquency continues.
Notes, amendments, and revision history

Authority

Authority: Sec. 15, 60 Stat. 338.

Source

Source: 22 FR 10644, Dec. 24, 1957, unless otherwise noted. Redesignated at 47 FR 13327, Mar. 30, 1982.