SCHEDULES

C2C4C5C1C3F1SCHEDULE 19CCivil sanctions

Annotations:
Amendments (Textual)

C6Part 1Fixed monetary penalties

Annotations:
Modifications etc. (not altering text)

Imposition of fixed monetary penalties

1

1

The Commission may by notice impose a fixed monetary penalty on a person if satisfied beyond reasonable doubt that the person—

a

has committed a prescribed offence under this Act, or

b

has (otherwise than by committing an offence under this Act) contravened a prescribed restriction or requirement imposed by or by virtue of this Act.

2

The Commission may by notice impose a fixed monetary penalty on a registered party if satisfied beyond reasonable doubt that a person holding an office within that party—

a

has committed a prescribed offence under this Act, or

b

has (otherwise than by committing an offence under this Act) contravened a prescribed restriction or requirement imposed by or by virtue of this Act.

3

The Commission may by notice impose a fixed monetary penalty on a recognised third party if satisfied beyond reasonable doubt that the responsible person—

a

has committed a prescribed offence under this Act, or

b

has (otherwise than by committing an offence under this Act) contravened a prescribed restriction or requirement imposed by or by virtue of this Act.

4

The Commission may by notice impose a fixed monetary penalty on a permitted participant if satisfied beyond reasonable doubt that the responsible person—

a

has committed a prescribed offence under this Act, or

b

has (otherwise than by committing an offence under this Act) contravened a prescribed restriction or requirement imposed by or by virtue of this Act.

5

For the purposes of this Schedule a “fixed monetary penalty” is a requirement to pay to the Commission a penalty of a prescribed amount.

6

In the case of a fixed monetary penalty imposed under sub-paragraph (1)(a), (2)(a), (3)(a) or (4)(a), where the offence in question is—

a

triable summarily (whether or not it is also triable on indictment), and

b

punishable on summary conviction by a fine (whether or not it is also punishable by a term of imprisonment),

the amount of the penalty may not exceed the maximum amount F2(if any) of that fine.