> (3) For a knowing violation that creates a material risk of death, serious physical injury, or a catastrophic risk, a large developer shall be subject to a civil penalty in an amount not to exceed one million dollars ($1,000,000) for a violation that is the large developers first such violation and in an amount not exceeding ten million dollars ($10,000,000) for any subsequent violation.
So, if violation is "unknowning" (I assume this means unintentional) and creates a material risk, then there is no penalty?
Also, penalties listed are upper bounds only (penalty will not exceed $X), and not lower bounds. $0 fine fulfills "not exceeding $10m" rule.
So, if violation is "unknowning" (I assume this means unintentional) and creates a material risk, then there is no penalty?
Also, penalties listed are upper bounds only (penalty will not exceed $X), and not lower bounds. $0 fine fulfills "not exceeding $10m" rule.