46 CFR § 506.3 - Civil monetary penalty inflation adjustment.

§ 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]

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