[368Z16 Financial penalties]
Communications Act 2003 (2003 c 21) | Legislation

[368Z16  Financial penalties]

[(1)     The amount of a penalty imposed on a person under section 368Z15 is to be such amount not exceeding the maximum penalty as the appropriate regulatory authority determine to be—

(a)     appropriate, and

(b)     proportionate to the contravention in respect of which it is imposed.

(2)     The maximum penalty is—

(a)     in a case in which the person carries on a relevant business, an amount not exceeding the greater of—

(i)     5% of the turnover of the person's relevant business for the relevant period, and

(ii)     £250,000;

(b)     in any other case, £250,000.

(3)     For the purposes of this section—

(a)     a person's “relevant business” is so much of any business carried on by the person as involves or is associated with

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