# Commission Regulation (EC) No 658/2007 of 14 June 2007 concerning financial penalties for infringement of certain obligations in connection with marketing authorisations granted under Regulation (EC) No 726/2004 of the European Parliament and of the Council, Article 19: Financial penalties

Extent: E+W+S+N.I.

1. The Commission may by decision impose on marketing authorisation holders fines not exceeding 0,5 % of their Community turnover in the preceding business year where, intentionally or negligently:
(a) they do not comply with a measure of inquiry adopted pursuant to Article 8(1);
(b) they supply incorrect or misleading information in response to a measure of inquiry adopted pursuant to Article 8(1);
(c) they do not comply with a request for information pursuant to Article 14;
(d) they supply incorrect or misleading information in response to a request for information pursuant to Article 14.
2. Where the non-cooperation of the marketing authorisation holder continues, the Commission may, in the decision referred to in paragraph 1, impose periodic penalty payments per day not exceeding 0,5 % of the holder’s average daily Community turnover in the preceding business year.
Periodic penalty payments may be imposed for a period running from the date of notification of that decision until the non-cooperation has ceased.
3. For the purposes of paragraphs 1 and 2, the preceding business year refers to the business year preceding the date of the decision referred to in paragraph 1.

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Source: https://www.legislation.gov.uk/eur/2007/658/article/19 (the official version)
Page: https://openlegislation.uk/eu-regulation-2007-658/article-19
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.