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Regulation 25 Maximum penalty

Original text. Later amendments are not shown.

The amount payable to the CAC under section 70ZI(5)(b) of the 1992 Act in relation to an access agreement may not—

(a)

in the case of the first order made by the CAC under that subsection in relation to that access agreement, exceed £75,000;

(b)

in the case of the second order made by the CAC under that subsection in relation to that access agreement, exceed £150,000;

(c)

in the case of the third or any subsequent order made by the CAC under that subsection in relation to that access agreement, exceed £500,000.