(a) DefinitionsIn this section—
the term “first-time violation” means a violation by a small business concern of a federally enforceable rule or regulation (other than a Federal rule or regulation that relates to the safety and soundness of the banking or monetary system or for the integrity of the National Securities markets, including protection of depositors and investors) caused by a Y2K failure if that Federal rule or regulation had not been violated by that small business concern within the preceding 3 years; and
(b) Establishment of liaisonsNot later than 30 days after July 20, 1999, each agency shall—
publish the name and phone number of the point of contact for the agency in the Federal Register.
(c) General rule
(d) Standards for waiverAn agency shall provide a waiver of civil money penalties for a first-time violation, provided that a small business concern demonstrates, and the agency determines, that—
(e) ExceptionsAn agency may impose civil money penalties authorized under Federal law on a small business concern for a first-time violation if—
the small business concern’s failure to comply with Federal rules or regulations resulted in actual harm, or constitutes or creates an imminent threat to public health, safety, or the environment; or