43 U.S.C. § 494 — Pecuniary penalty for nonpayment of operation charge

If any operation or maintenance charge is unpaid on the 1st day of the third calendar month after it became due a penalty of 1 per centum of the amount unpaid shall be added thereto, and thereafter an additional penalty of one-half of 1 per centum of the amount unpaid shall be added on the 1st day of each calendar month if such charge and penalties shall remain unpaid. (Aug. 13, 1914, ch. 247, § 6, 38 Stat. 688 ; Dec. 5, 1924, ch. 4, § 4, subsec. H, 43 Stat. 703 .) Editorial Notes Codification Section is comprised of part of first sentence of section 6 of act Aug. 13, 1914 . Remainder of first sentence of such section 6 is classified to sections 479 , 493 and 495 of this title; second and third sentences of such section 6 are classified to sections 496 and 497 of this title, respectively. Act Dec. 5, 1924 , reduced the additional penalty from 1 per centum to one-half of 1 per centum. CFR Title Parts 43 426

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