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Article 11 Power to impose non-compliance penalty

Original text. Later amendments are not shown.

(1)

If a seller fails to comply with a non-monetary discretionary requirement, an administrator may by notice impose a non-compliance penalty on the seller.

(2)

A non-compliance penalty may be imposed irrespective of whether a variable monetary penalty has also been imposed.

(3)

The maximum amount which may be imposed in any case is £5,000.

(4)

Schedule 7 (non-compliance penalties: procedure) has effect.