§1241.71. Do I owe interest on both the penalty amount and any underlying underpayment or unpaid debt?
30 C.F.R. § 1241.71
A penalty under this part is in addition to interest that you may owe on any underlying underpayment or unpaid debt.
If you do not pay the penalty amount by the due date in the bill accompanying the FCCP or ILCP, you will owe late payment interest on the penalty amount under 30 CFR 1218.54 from the date when the civil penalty payment became due under § 1241.72 until the date when you pay the civil penalty amount.
Notes, amendments, and revision history
Authority
Authority: 25 U.S.C. 396 et seq. , 396a et seq. , 2101 et seq. ; 30 U.S.C. 181 et seq. , 351 et seq. , 1001 et seq. , 1701 et seq. ; 43 U.S.C. 1301 et seq. , 1331 et seq. , 1801 et seq.
Source
Source: 81 FR 50316, Aug. 1, 2016, unless otherwise noted.