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Article 102 Failures to maintain records

Original text. Later amendments are not shown.

(1)

The penalties in paragraph (2) apply where—

(a)

the administrator has given notice under article 90 in respect of a failure to comply with article 58; and

(b)

the participant has failed to comply by the time stated in that notice.

(2)

The penalties are—

(a)

a financial penalty at the rate of £40 per tCO2 of so much of the CRC emissions of the participant in the annual reporting year immediately preceding the year in which the non-compliance is discovered; and

(b)

publication.

(3)

Where a participant fails to keep records as provided by article 59, the penalties are a financial penalty of £5000 and publication.