1. (a) Failure to report in accordance with § 8.5-103 of this title shall result in the imposition by the Secretary of a civil penalty of $250 for each day that the report is not timely filed.
2. (b) Failure to make the payment required under § 8.5-104 of this title shall result in the imposition by the Secretary of a civil penalty of $250,000.

Added by Acts 2006, c. 1, § 1, eff. Jan. 1, 2007; Acts 2006, c. 3, § 1, eff. Jan. 1, 2007.