Except with respect to debts referenced in 31 U.S.C.
3717(g), the Board will charge interest, costs, and a 6 percent penalty
on debts covered by this regulation in accordance with 31 CFR 901.9.
The Board will not impose interest charges on the portion of the debt
that is paid within 30 days after the date on which interest began
to accrue, nor impose penalty charges on the portion of the debt that
is paid within 90 days after the date on which penalty began to accrue.
The Board will not impose any charges during periods during which
collection activity has been suspended pending any review provided
for in this part if the reviewing official determines that collection
of such charges is against equity and good conscience or is not in
the best interest of the United States. The Board may, in its discretion,
also waive interest, penalties, and cost charges for good cause shown
by the debtor (for example, the debtor is unable to pay any significant
portion of the debt within a reasonable period of time, or collection
of these charges will jeopardize collection of the principal of the
debt) or otherwise as authorized in 31 CFR 901.9(g) and 902.2.
