# 31 C.F.R. § 535.703 (2026): Presentation responding to prepenalty notice

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_703

## Section

- **Citation:** 31 C.F.R. § 535.703 (2026)
- **Heading:** Presentation responding to prepenalty notice
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 31 CFR: Money and Finance: Treasury / Chapter V: OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY / Part 535: IRANIAN ASSETS CONTROL REGULATIONS / Subpart G: Penalties / § 535.703: § 535.703   Presentation responding to prepenalty notice.

## Text

(a)
Time within which to respond.
The named person shall have 30 days from the date of mailing of the prepenalty notice to make a written presentation to the Director.
(b)
Form and contents of written presentation.
The written presentation need not be in any particular form, but shall contain information sufficient to indicate that it is in response to the prepenalty notice. It should contain responses to the allegations in the prepenalty notice and set forth the reasons why the person believes the penalty should not be imposed or, if imposed, why it should be in a lesser amount than proposed.
[53 FR 7356, Mar. 8, 1988]

## Nearby sections

- [31 C.F.R. § 535.701 (2026) § 535.701   Penalties.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_701.md)
- [31 C.F.R. § 535.702 (2026) § 535.702   Prepenalty notice.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_702.md)
- [31 C.F.R. § 535.703 (2026) § 535.703   Presentation responding to prepenalty notice.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_703.md)
- [31 C.F.R. § 535.704 (2026) § 535.704   Penalty notice.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_704.md)
- [31 C.F.R. § 535.705 (2026) § 535.705   Administrative collection; referral to United States Department of Justice.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_705.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_703. Check the current official text before relying on it. Not legal advice.