§ 546.703. Penalty imposition.
123 words·~1 min read·
/us/cfr/t31/s§ 546.703·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If, after considering any written response to the Pre-Penalty Notice and any relevant facts, OFAC determines that there was a violation by the alleged violator named in the Pre-Penalty Notice and that a civil monetary penalty is appropriate, OFAC may issue a written Penalty Notice to the violator containing a determination of the violation and the imposition of the monetary penalty. For additional details concerning issuance of a Penalty Notice, see appendix A to part 501 of this chapter.
The issuance of the Penalty Notice shall constitute final agency action. The violator has the right to seek judicial review of that final agency action in Federal district court. \[74 FR 25432, May 28, 2009, as amended at 89 FR 67557, Aug. 21, 2024\]