{
  "url": "https://openlegislation.uk/draft-state-aid-eu-exit-regulations-2019/schedule-5/paragraph-2",
  "json_url": "https://openlegislation.uk/draft-state-aid-eu-exit-regulations-2019/schedule-5/paragraph-2.json",
  "legislation": "ukdsi/2019/9780111178768",
  "legislation_title": "The State Aid (EU Exit) Regulations 2019",
  "legislation_url": "https://openlegislation.uk/draft-state-aid-eu-exit-regulations-2019",
  "path": "schedule/5/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": "Secretary of State power to amend maximum amount of penalty",
  "text": "(1) The Secretary of State may, by regulations, amend an amount specified in paragraph 1(3).\n(2) Regulations made under sub-paragraph (1) must not specify—\n(a) in the case of a fixed amount, an amount exceeding £30,000;\n(b) in the case of an amount calculated by reference to a daily rate, an amount per day exceeding £15,000; and\n(c) in the case of a fixed amount and an amount calculated by reference to a daily rate, a fixed amount exceeding £30,000 and an amount per day exceeding £15,000.\n(3) Before making regulations under sub-paragraph (1), the Secretary of State must consult the CMA, the devolved authorities and such other persons as the Secretary of State considers appropriate.\n(4) Regulations under sub-paragraph (1) are to be made by statutory instrument.\n(5) A statutory instrument made under sub-paragraph (1) is subject to annulment in pursuance of a resolution of either House of Parliament.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2019/9780111178768/schedule/5/paragraph/2",
    "retrieved_at": "2026-10-30T15:01:41.811739+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}