Late payment penalty charges.

(c) Late payment penalty charges. Notwithstanding 4007.8(a), if any required termination premium payment is not filed by the due date under paragraph (d) of this section, PBGC may assess a late payment penalty charge based on the facts and circumstances, subject to waiver under 4007.8(b), (c), (d), or (e). The charge will not exceed the amount of termination premium not timely filed.


29 CFR § 4007.13

Scoping language

Is this correct? or