7 CFR 792.11 - Waiver of late payment interest, penalty charge and administrative charges.
(a)FSA shall waive the collection of late payment interest and administrative charges on a debt or any portion of a debt which is paid within 30 days after the date on which late payment interest began to accrue.
(b)FSA may waive the assessment and collection of all or a portion of the penalty charge on debts which are appealed in accordance with 7 CFR part 780 or other applicable appeal procedures from either the date of the appeal or the date such interest began to accrue, whichever is later, until the date a final administrative determination is issued. Such waiver shall not apply for any delay due to:
(1) The appellant's request for a postponement of the scheduled hearing;
(2) The appellant's request for an additional time following the hearing to present additional information or a written closing statement; or
(3) The appellant's failure to timely present information to the reviewing authority.
(c) Assessment and collection of late payment interest, the penalty charge and administrative charges under this part may be waived by FSA in full, or in part, if it is determined by the Controller, FSA, or his or her designee, that such action is in the best interest of FSA.
Title 7 published on 2015-08-22.
No entries appear in the Federal Register after this date, for 7 CFR Part 792.