111 Penalties[: amount]
Enterprise Act 2002 (2002 c 40) | Legislation

111  Penalties[: amount]

(1)     A penalty imposed under section 110(1) or (3) [(1A)] shall be of such amount as the [CMA] [the appropriate authority] considers appropriate.

(2)     The amount may, in the case of a penalty imposed under section 110(1) [110(1)(a)], be a fixed amount, an amount calculated by reference to a daily rate or a combination of a fixed amount and an amount calculated by reference to a daily rate.

(3)     The amount shall, in the case of a penalty imposed under section 110(3) [any of section 110(1)(b), (c) or (1A)], be a fixed amount.

(4)ÌýÌýÌýÌý No penalty imposed under section 110(1) shall— [A penalty imposed under section 110(1) or (1A) on a person who does not own or control an enterprise must not—]

(a)     in the case of a fixed amount, exceed such amount as the Secretary of State may by order specify °Ú£30,000±Õ;

(b)     in the case of an amount calculated by reference to a daily rate, exceed such amount per day as the Secretary of State may so specify [£15,000 per day]; and

(c)     in the case

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