C3C4C6C1C2 Part I ELECTRICITY SUPPLY

Annotations:
Modifications etc. (not altering text)
C1

Pt. I (ss. 1-64) applied (1.10.2001) by S.I. 2001/3264, regs. 4(2), 5(2)

C2

Pt. I (ss. 1-64) amended (E.W.) (27.10.2000) by S.I. 2000/2727, art. 10

Pt. I (ss. 1-64) amended (7.11.2000) by 2000 c. 27, s. 105(1)(a); S.I. 2000/2974, art. 2, Sch. (subject to transitional provisions in arts. 3-12)

Pt. I (ss. 1-64) amended (E.W.) (1.10.2001) by S.I. 2000/2727, art. 10 (as substituted (1.10.2001) by S.I. 2001/3268, art. 2(13))

F1Enforcement of obligations of regulated persons

Annotations:
Amendments (Textual)

C527OF2Maximum amount of penalty or compensation

1

The maximum amount of penalty that may be imposed on a regulated person in respect of a contravention may not exceed 10 per cent of the person's turnover.

2

The maximum amount of compensation that a regulated person may be required to pay in respect of a contravention may not exceed 10 per cent of the person's turnover.

3

Subsections (1) and (2) are subject to subsection (4) if, in respect of a contravention, both a penalty is imposed and compensation is required to be paid.

4

The maximum amount in total of the penalty and compensation combined in respect of the contravention may not exceed 10 per cent of the turnover of the regulated person.

5

The Secretary of State may by order provide for how a person's turnover is to be determined for the purposes of this section.

6

An order under subsection (5) may make different provision for penalties and compensation.

7

An order under subsection (5) shall not be made unless a draft of the instrument containing it has been laid before and approved by a resolution of each House of Parliament.

8

In this section—

  • compensation” means compensation that a regulated person is required to pay by a consumer redress order;

  • penalty” means a penalty imposed on a regulated person under section 27A.