§ 1010.930. Rewards for informants.
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/us/cfr/t31/s§ 1010.930·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)If an individual provides original information which leads to a recovery of a criminal fine, civil penalty, or forfeiture, which exceeds \$50,000, for a violation of the provisions of the Bank Secrecy Act or of this chapter, the Secretary may pay a reward to that individual.
(b)The Secretary shall determine the amount of the reward to be paid under this section; however, any reward paid may not be more than 25 percent of the net amount of the fine, penalty or forfeiture collected, or \$150,000, whichever is less.
(c)An officer or employee of the United States, a State, or a local government who provides original information described in paragraph
(a)in the performance of official duties is not eligible for a reward under this section.
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§ 1010.930
Rewards for informants.
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