S.L. 386.8 Art. 24Administrative penalties in respect of EEIGs.

(1) Where any provision of these regulations provides for the imposition of a penalty as established in the Schedule, the amount of such penalty shall be determined by reference to such Schedule, which specifies the maximum penalty that may be imposed by the Registrar for non-compliance with the relevant provision.

(2) The first column of the said Schedule indicates the provision of these regulations which imposes a penalty, the second column gives a general description of the infringement, which description shall not be relied on in interpreting any provision of these regulations, the third column establishes the maximum penalty and the fourth column establishes the maximum daily default penalty, if any. The penalty shall become due on the day on which the default occurs and the daily default penalty shall be due for every day during which the default continues and shall accrue from the day following that on which the default occurs.

(3) Action by the Registrar for the recovery of a penalty under these regulations shall be prescribed by the lapse of five years from the day on which the default occurs.

(4) The provisions of article 401 of the Act shall, mutatis mutandis, apply to administrative penalties under these regulations.