22 CFR 213.12 – Interest, penalties, and administrative costs pending consideration of debt waiver or review
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Interest, penalties, and administrative costs will continue to accrue on a debt during a review by USAID and during a waiver of indebtedness consideration by the Agency; except that USAID will not assess interest, penalties, and administrative costs where a statute or a regulation specifically prohibits the collection of the debt during the period of the Agency’s review or consideration of a debt waiver.
Terms Used In 22 CFR 213.12
- Statute: A law passed by a legislature.