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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 46 - Shipping |
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Chapter IV - Federal Maritime Commission |
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SubChapter A - General and Administrative Provisions |
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Part 506 - Civil Monetary Penalty Inflation Adjustment |
§ 506.3 - Civil monetary penalty inflation adjustment.
Latest version.
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§ 506.3 Civil monetary penalty inflation adjustment.
The Commission shall, not later than August 1, 2016, and at least every year thereafter -
(a) By regulation adjust each civil monetary penalty provided by law within the jurisdiction of the Commission by the inflation adjustment described in § 506.4; and
(b) Publish each such regulation in the Federal Register.
[61 FR 52705, Oct. 8, 1996, as amended at 81 FR 42553, June 30, 2016]