Fri, May 19, 2006
If You Bust Regs, You WILL Pay More
Earlier this week, the
Federal Aviation Administration (FAA) issued its final rule
updateing information in the FAA's regulations on certain civil
monetary penalties authorized for violations of statutes and
The rule also includes references to additional and revised
statutes and regulations. In addition, the rule also makes several
inflation-based adjustments to civil penalties. For example: should
someone be caught improperly disposing of life-limited aircraft
parts (i.e., reselling them), the maximum penalty is now $11,000,
up from $10,000.
The FAA states new rule also makes a technical correction to
conform regulatory language on the inflation adjustment process to
the provisions of the applicable statutes.
The final rule becomes effective June 15, 2006.
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