Prepenalty Notice definition

Prepenalty Notice means a written notification from the Director inform- ing a respondent of the alleged viola- tion(s) and the respondent’s right to re- spond.
Sample 1Sample 2Sample 3
Prepenalty Notice means a written notification from the Director inform- ing a respondent of the alleged viola- tion(s) and the respondent’s right to re- spond.(j) Penalty Notice means a written no- tification from the Director informing a respondent that the Director has made a finding of violation and, absent a request for a hearing, will impose a civil monetary penalty.(k) Proceeding means any agency process initiated by an ‘‘Order Insti- tuting Proceedings,’’ or by the filing of a petition for review of an Administra- tive Law Judge’s decision or ruling.(l) Respondent means any individual alleged by the Director to have vio- lated a TWEA-based sanctions regula- tion.(m) Secretary’s designee means a U.S. Treasury Department official delegated responsibility by the Secretary of the Treasury to consider petitions for re- view of Administrative Law Judge de- cisions made in civil penalty hearings conducted pursuant to this subpart.(n) Secretary means the Secretary ofthe Treasury.§ 501.703 Overview of civil penalty process and construction of rules.
Sample 1Sample 2
Prepenalty Notice means a written notification from the Director informing a respondent of the alleged violation(s) and the respondent’s right to respond.
Sample 1Sample 2

Examples of Prepenalty Notice in a sentence

  • The respondent will have 60 days from the date the Prepenalty Notice is served to make a written presentation either defending against the alleged violation or admitting the violation.

  • The Director of the Office of For- eign Assets Control will notify a sus- pected violator (hereinafter ‘‘respond- ent’’) of an alleged violation by issuing a ‘‘Prepenalty Notice.’’ The Prepenalty Notice shall describe the alleged viola- tion(s) and include a proposed civil penalty amount.

  • Any respondent (or poten- tial respondent in the case of a pending Prepenalty Notice) may request, in writing, that the Director withhold issuance of any such notice, or grant an extension of time to respond to any such Notice, for a period not to exceed 60 days for the exclusive purpose of ef- fecting settlement.

  • The Director shall cause any Prepenalty Notice, Penalty Notice, Ac- knowledgment of Hearing Request, Order Instituting Proceedings, and other related orders and decisions, or any amendments or supplements there- to, to be served upon the respondent.

  • The Prepenalty Notice shall de- scribe the alleged violation, specify the laws and regulations allegedly vio- lated, and state the amount of the pro- posed monetary penalty.(2) Right to respond.

  • The Prepenalty Notice shall inform the re- spondent of respondent’s right, if a sub- sequent Penalty Notice is issued, to re- quest an administrative hearing.

  • The Prepenalty Notice shall inform the respondent of respondent’s right to make a written presentation within the time pre- scribed in § 501.707 as to why the re- spondent believes there should be no finding of a violation or why, if the re- spondent admits the violation, a mone- tary penalty should not be imposed or why, if imposed, the monetary penalty should be in a lesser amount than pro- posed.

  • In addition, or as an al- ternative, to a written response to a Prepenalty Notice, the respondent or respondent’s representative may seek settlement of the alleged violation(s).

  • In the event of settlement prior to the issuance of a Penalty No- tice, the claim proposed in the Prepenalty Notice will be withdrawn and the respondent will not be required to make a written response to the Prepenalty Notice.

  • In the event no set- tlement is reached, a written response to the Prepenalty Notice is required pursuant to paragraph (c) of this sec- tion.

Related to Prepenalty Notice

  • Penalty Notice means a written no- tification from the Director informing a respondent that the Director has made a finding of violation and, absent a request for a hearing, will impose a civil monetary penalty.

  • Reduction Notice has the meaning set forth in Section 1.3.

  • Property Notice means any order, notice, proposal, demand or other requirement issued by any competent authority (including the Landlord) which materially affects the Academy Trust’s ability to use the Land for the purposes of the Academy. Restrictions on Land transfer

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Rectification Notice means a notice in writing that identifies a defect in a work and requires rectification of the defect within a specified period of time.

  • Allocation Notice shall have the meaning assigned to such term in Section 11.14(i) hereof.

  • Opt-Out Notice has the meaning specified therefor in Section 2.02(a) of this Agreement.

  • Selection Notice means a notice substantially in the form set out in Part II of Schedule 3 (Requests) given in accordance with Clause 9 (Interest Periods).

  • Seller’s Notice has the meaning set forth in Section 8.5(a).

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

  • Indemnity Notice shall have the meaning specified in Section 9.3(b).

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Repurchase Response Notice means a notice delivered by the Indenture Trustee at the direction of the Administrator to a Noteholder or Note Owner indicating that a Repurchase Request is unresolved.

  • Response Period has the meaning set forth in Section 9.6(a).

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Timely Notice means a stockholder’s notice to the Secretary of the Corporation which must be delivered to or mailed and received at the principal executive offices of the Corporation not less than ninety (90) days nor more than one hundred twenty (120) days prior to the first anniversary of the preceding year’s annual meeting of stockholders; provided, however, that in the event that the date of the annual meeting is more than thirty (30) days before, or more than sixty (60) days after, such anniversary date, notice by the stockholder to be timely must be so delivered not earlier than the one hundred twentieth (120th) day prior to such annual meeting and not later than the ninetieth (90th) day prior to such annual meeting or, if later, the tenth (10th) day following the day on which the date that such annual meeting was Publicly Disclosed (as defined above).

  • Retraction Notice has the meaning set forth in Section 11.01(c).

  • OJEU Notice means the contract notice published in the Official Journal of the European Union.

  • Response Notice is defined in Section 14.3(b)(ii).

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • Class Notice means the COURT APPROVED NOTICE OF CLASS ACTION SETTLEMENT AND HEARING DATE FOR FINAL COURT APPROVAL, to be mailed to Class Members in English in the form, without material variation, attached as Exhibit A and incorporated by reference into this Agreement.

  • Summary Notice means the Summary Notice of Pendency of Class Action, Proposed Settlement, and Motion for Attorneys’ Fees and Expenses for publication, which, subject to approval of the Court, shall be substantially in the form attached as Exhibit 3 to Exhibit A hereto.

  • Auction Notice has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Escalation Notice has the meaning set forth in Section 8.02.

  • Availability Notice has the meaning given to it in the Grid Code;

  • Acceptance and Prepayment Notice means a notice of the Borrower’s acceptance of the Acceptable Discount in substantially the form of Exhibit M.