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S.L. 379.8 · Control Of Concentrations Regulations (S.L. 379.8)

S.L. 379.8 Art. 14Periodic penalty payments.

In KraftAmtlicher Text

(1) The provisions of article 21(7) of the Act shall mutatis mutandis apply to persons, undertakings or associations of undertakings in order to compel them:

(i) to supply complete and correct information pursuant to regulation 10;

(ii) to submit to an investigation pursuant to regulation 11;

(iii) to comply with an obligation imposed by decision pursuant to the provisos to regulations 7(3) or 8(2);

(iv) to apply the measures ordered by decision pursuant to regulation 8(4).

(2) Where a person, being a director, manager, secretary or other similar officer of an undertaking or association of undertakings fails without reasonable cause to supply information requested within the time given, the Court may impose a penalty of up to two thousand and four hundred euro (€2,400) for each day in default.

Änderungsgeschichte
  • Amended by XVI.2019.72