Does the penalty affect whether I owe interest?

1. Law
2. CFR 30
3. Mineral Resources
4. Bureau of Ocean Energy Management, Department of the Interior
5. Offshore
6. Oil and Gas and Sulphur Operations in the Outer Continental Shelf
7. Outer Continental Shelf Civil Penalties
8. General Provisions
9. Does the penalty affect whether I owe interest?

§ 550.1471 Does the penalty affect whether I owe interest?

If you do not pay the penalty by the date required under § 550.1475(d), BOEM will assess you late payment interest on the penalty amount at the same rate interest is assessed under 30 CFR 1218.54.

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