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Regulation 7(1)
1. For the purposes of regulation 7, the recoverable sum shall be the sum of—
(a)the difference between the amount which a person would have received had the product been sold at the maximum price and the amount that he actually received; and
(b)the amount calculated by multiplying that difference by the appropriate additional percentage specified in the Table in paragraph 2.
2. In respect of a contravention described in column (1) of the following table, the appropriate additional percentage is specified opposite in column (2).
Contravention | Additional Percentage |
---|---|
Column (1) | Column (2) |
First contravention | 5 per cent |
Second contravention | 15 per cent |
Third contravention | 25 per cent |
Fourth contravention | 35 per cent |
Fifth or subsequent contravention | 50 per cent |