§ 504. Remission of fees and penalties

Any part of a fee, tax, or penalty paid or a forfeiture incurred under a law or regulation relating to vessels or seamen may be remitted if—

• (1) application for the remission is made within one year after the date of the payment or forfeiture; and
• (2) it is found that the fee, tax, penalty, or forfeiture was improperly or excessively imposed.