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Federal Emergency Management Agency § 59.24 for any part thereof. This 550.00 addi- flood plain management regulations, tional premium shall further be allows its regulations to lapse. or charged during any successive one -year amends its regulations so that they no periods that begin on or after October longer meet the minimum require - 1. 1992. where the preceding one -year ments set forth in §§60.3, 60.4 and/or pro probation period began prior to Octo- 60.5 shall be suspended from the Pro - (c) Acommunity eligible for the sale gam. It a conununity is to be sus - munity of flood insurance which fails the sae- vended, the Administrator shall info quately enforce its flood plain manage- upon publication ono 30 days prior written nonce and upon under part 6 4 the i subs pie ment regulations meeting the mini- Igo under part 6! of this subchapter mum requirements set forth in §§60.3, of its loss of eligibility for the sale of Program and/ d60.5 and ndidsand remedy its flood insurance. The community eligi- violations to the maximum extent pus- sussp bility shall remain terminated shall until copies of adequate r sible in accordance with compliance t deadlines established during a period of flood p lai n m anagement regulations probation shall be subject to sus n_ have been received and approved by the 1 sion of its Program Administrator. gram eligibility. Under (e) A community eligible for the sale such circumstances, the Administrator shall grant the community 30 days in of flood insurance may withdraw from which to show cause why it should not the Program by submitting to the Ad- be suspended. The Administrator may ministrator a copy of a legislative ac- Lion that explicitly states its desire to conduct shearing, written or oral, bC fore commencing suspensive action. If withdraw from the National Flood In- a community 15 to be suspended, the surance Program. Upon receipt of a Administrator shall inform it upon 30 certified copy of a final legislative ac- days prior written notice and upon Lion, the Administrator shall withdraw publication in the FEDERAL. REGISTER the community from the Program and under part 64 of this subchapter of its publish in the FEDERAL REGISTER under loss of eligibility for the sale of flood part 64 of this subchapter its loss of eli- gibility for the sale of flood insurance. insurance. In the event of impending suspension, the Administrator shall A community that has withdrawn from issue a press release to the local media the Program may be reinstated if its explaining the reasons and effects of submits the application materials spec - the suspension. The community's eligi- ified in §59.22(a). bility shall only be reinstated by the (f) If during a period of ineligibility Administrator upon his receipt of a under paragraphs (a). (d). or (e) of this local legislative or executive measure section, a community has permitted reaffirming the community's formal actions to take place that have aggra- intent to adequately enforce the flood vated existing flood plain, mudslide _ Plain management requirements of this (i.e., mudflow) and/or flood related ero- subpart, together with evidence of ac- sion hazards. the Administrator may Lion taken by the community to cur- withhold reinstatement until the com- rect Program deficiencies and remedy munity submits evidence that it has to the maximum extent possible those taken action to remedy to the maxi - violations which caused the suspen- mum extent possible the increased haz- sion. In certain cases, the Adminis- ards. The Administrator may also trator, in order to evaluate the com- place the reinstated community on munity's performance under the terms Probation as provided for in paragraph of its submission, may withhold rein- (b) of this section. statement for a period not to exceed (g) The Administrator shall promptly one year from the date of his receipt of notify the servicing company and any the satisfactory submission or place insurers issuing flood insurance pursu- the community on probation as pro- ant to an arrangement with the Ad- vided for in paragraph (b) of this sec- ministrator of those communities lion. whose eligibility has been suspended or 1 (d) A community eligible for the sale which have withdrawn from the pro- of flood insurance which repeals its gram. Flood insurance shall not be sold 233