[Code of Federal Regulations] [Title 31, Volume 1] [Revised as of July 1, 2002] From the U.S. Government Printing Office via GPO Access [CITE: 31CFR16.47] [Page 209] TITLE 31--MONEY AND FINANCE: TREASURY PART 16--REGULATIONS IMPLEMENTING THE PROGRAM FRAUD CIVIL REMEDIES ACT OF 1986--Table of Contents Sec. 16.47 Limitations. (a) The notice of hearing with respect to a claim or statement must be served in the manner specified in Sec. 16.8 within 6 years after the date on which such claim or statement is made. (b) If the defendant fails to file a timely answer, service of a notice under Sec. 16.10(b) shall be deemed a notice of hearing for purposes of this section. (c) The time limits of this statute of limitations may be extended by agreement of the parties.