The Department must, not later than July 1, 2016 and not later than January 15 of every year thereafter—

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(a) By regulation, adjust each civil monetary penalty provided by law within the jurisdiction of the Department by the inflation adjustment described in § 269.4; and

(b) Publish each such update in the Federal Register.

[61 FR 67945, Dec. 26, 1996, as amended at 81 FR 33391, May 26, 2016]