31 CFR 501.708 - Director's finding of no penalty warranted.

Regulations last checked for updates: Nov 25, 2024

Title 31 - Money and Finance: Treasury last revised: Nov 18, 2024

View all text of Subpart D [§ 501.700 - § 501.747]

§ 501.708 - Director's finding of no penalty warranted.

If after considering any written response to the Prepenalty Notice submitted pursuant to § 501.707 and any other relevant facts, the Director determines that there was no violation or that the violation does not warrant the imposition of a civil monetary penalty, the Director promptly shall notify the respondent in writing of that determination and that no civil monetary penalty pursuant to this subpart will be imposed.

authority: 8 U.S.C. 1189; 18 U.S.C. 2332d,2339B; 19 U.S.C. 3901-3913; 21 U.S.C. 1901-1908; 22 U.S.C. 287c,2370,6009,6032,7205,8501; 31 U.S.C. 321(b); 50 U.S.C. 1701-1706,4301; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note)

source: 62 FR 45101, Aug. 25, 1997, unless otherwise noted.

cite as: 31 CFR 501.708