Regulation 20B F1
(1)
A person who fails to comply with Article 17 of REMIT is guilty of an offence.
(2)
A person guilty of an offence under paragraph (1) is liable—
(a)
on summary conviction—
(i)
in England and Wales, to a fine; and
(ii)
in Scotland, to a fine not exceeding £5,000; or
(b)
on conviction on indictment, to imprisonment for a term not exceeding two years or a fine, or both.
Annotations
Textual amendments
- F1
Regs. 20A, 20B and cross-heading inserted (1.7.2015) by The Electricity and Gas (Market Integrity and Transparency) (Enforcement etc.) (Amendment) Regulations 2015 (S.I. 2015/862), regs. 1(1), 11