[Code of Federal Regulations]
[Title 50, Volume 4]
[Revised as of October 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 50CFR679.74]

[Page 741]
 
                    TITLE 50--WILDLIFE AND FISHERIES
 
                         DEPARTMENT OF COMMERCE
 
PART 679--FISHERIES OF THE EXCLUSIVE ECONOMIC ZONE OFF ALASKA--Table of Contents
 
Subpart G--Inshore Fee System for Repayment of the Loan to Harvesters of 
  Pollock from the Directed Fishing Allowance Allocated to the Inshore 
              Component Under Section 206(b)(1) of the AFA.
 
Sec. 679.74  Late charges.

    The late charge to fish buyers for fee payment, collection, deposit, 
and/or disbursement shall be one and one-half (1.5) percent per month, 
or the maximum rate permitted by state law, for the total amount of the 
fee not paid, collected, deposited, and/or disbursed when due to be 
paid, collected, deposited, and/or disbursed within 5 days of the date 
due. The full late charge shall apply to the fee for each month or 
portion of a month that the fee remains unpaid, uncollected, 
undeposited, and/or undisbursed.