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Failure to pay fees and assessments within sixty days after the date due pursuant to this section shall allow the administrative director to charge a late payment fee for any outstanding amount at a rate of ten percent after sixty days or one hundred dollars, whichever is greater. In addition, after sixty days a late fee of ten percent per year shall be assessed on any outstanding amount. In addition, the administrative director may suspend or revoke certifications of HCOs which fail to pay fees and assessment in a timely manner.
Authority: Sections 133, 4600.5, 4600.7, 4603.5, 5307.3, Labor Code.
Reference: Sections 4600, 4600.5, Labor Code.
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