formula, percentage of assets, per capita charge, or estimate of such compensation). (D) Definition of affiliate For purposes of this paragraph, the term affiliate has the meaning given in subsection (f)(8)(J)(ii). (E) Correction of certain errors and omissions A recommendation shall not fail to be a best interest recommendation solely because a person who, acting in good faith and with reasonable diligence, makes an error or omission in disclosing the information specified in subparagraph (B), if the person discloses the correct information to the advice recipient as soon as practicable but not later than 30 days from the date on which the person knows of such error or omission. (F) Special rule Any notice provided pursuant to a requirement under subparagraph (B)(i) or subparagraph (C)(i) shall have no effect on any other notice otherwise required without regard to this title, and shall be provided in addition to, and not in lieu of, any other such notice. . (3) Failures relating to best interest recommendation (A) Correction Section 4975(f)(5) of such Code is amended— (i) by striking (5) CORRECTION- The terms and inserting: (5) Correction (A) In general Except as provided in subparagraph (B), the terms , and (ii) by adding at the end the following: (B) Determination of correction and correct with respect to best interest advice recommendations In the case of a prohibited transaction arising by the failure of investment advice to be a best interest recommendation, the terms correction and correct mean the payment to, or reimbursement of, actual damages of the plan, plan participants, or plan beneficiaries resulting directly from the plan’s, plan participant’s, or plan beneficiary’s reliance on such investment advice, if any, that have not otherwise been paid or reimbursed to the plan, plan participants, or plan beneficiaries, including payments and reimbursements made pursuant to subparagraph (A) if such amount is greater than the amount determined under subparagraph (A). . (B) Amount involved for purposes of