<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".04" citation="COMAR 09.01.08.04" title_num="09" subtitle_num="01" chapter_num="08" heading="Failure to Report.">
  <paragraph num="A.">
    <text>After notice and opportunity for a hearing, as provided in State Government Article, Title 10, the Secretary may assess a civil penalty not to exceed $50 for each day that the Form 8300 is in arrears.</text>
  </paragraph>
  <paragraph num="B.">
    <text>For the purpose of determining the civil penalty, the Secretary shall assess a separate penalty for each store, division, branch, department, headquarters, or office, regardless of physical location.</text>
  </paragraph>
  <paragraph num="C.">
    <text>The total civil penalty may not exceed $1,000 per violation.</text>
  </paragraph>
  <paragraph num="D.">
    <text>In determining the amount of the civil penalty for a violation, the Secretary shall consider the amount of currency and number of transactions involved, and any pattern of compliance or noncompliance by the person engaged in the trade or business.</text>
  </paragraph>
</regulation>