Source: https://www.law.cornell.edu/cfr/text/25/575.6
Timestamp: 2018-05-23 11:24:58
Document Index: 120938048

Matched Legal Cases: ['art 575', 'art 584', 'art 585', 'art 584', 'art 585', 'art 584', 'art 585']

25 CFR 575.6 - Settlement, reduction, or waiver of civil fine. | US Law | LII / Legal Information Institute
CFR › Title 25 › Chapter III › Subchapter G › Part 575 › Section 575.6
25 CFR 575.6 - Settlement, reduction, or waiver of civil fine.
(a)Reduction or waiver.
(1) Upon written request of a respondent received at any time prior to the filing of a notice of appeal under part 584 or part 585 of this chapter, the Chairman may reduce or waive a civil fine if he or she determines that, taking into account exceptional factors present in a particular case, the fine is demonstrably unjust.
(b)Settlement. At any time prior to the filing of a notice of appeal under part 584 or part 585 of this chapter, the Chairman and the respondent may agree to settle an enforcement action, including the amount of the associated civil fine. In the event a settlement is reached, a settlement agreement shall be prepared and executed by the Chairman and the respondent. If a settlement agreement is executed, the respondent shall be deemed to have waived all rights to further review of the violation or civil fine in question, except as otherwise provided expressly in the settlement agreement. In the absence of a settlement of the issues under this paragraph, the respondent may contest the assessed civil fine before the Commission in accordance with part 584 or part 585 of this chapter.
[ 58 FR 5844, Jan. 22, 1993, as amended at 80 FR 31995, June 5, 2015]