30 C.F.R. § 241.71   Does the penalty affect whether I owe interest?


Title 30 - Mineral Resources


Title 30: Mineral Resources
PART 241—PENALTIES
Subpart B—Penalties for Federal and Indian Oil and Gas Leases
General Provisions

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§ 241.71   Does the penalty affect whether I owe interest?

(a) The penalties under this part are in addition to interest you may owe on any underlying underpayments or unpaid debt.

(b) If you do not pay the penalty by the date required under §241.75(d), MMS will assess you late payment interest on the penalty amount at the same rate interest is assessed under 30 CFR 218.54.

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