Code of Federal Regulations (alpha)

CFR /  Title 25  /  Part 162  /  Sec. 162.368 Will late payment charges or special fees apply to

(a) Late payment charges will apply as specified in the lease. The failure to pay these amounts will be treated as a lease violation.

(b) We may assess the following special fees to cover administrative costs incurred by the United States in the collection of the debt, if rent is not paid in the time and manner required, in addition to late payment charges that must be paid to the Indian landowners under the lease: ------------------------------------------------------------------------

(1) $50.00.............................. Any dishonored check.(2) $15.00.............................. Processing of each notice or

demand letter.(3) 18 percent of balance due........... Treasury processing following

referral for collection of

delinquent debt.------------------------------------------------------------------------