The Competition and Markets Authority (Penalties) Order 2014
This Order specifies the maximum amounts that the Competition and Markets Authority (“the CMA”) may impose as a penalty under section 110(1) or (3) of the Enterprise Act 2002 (“EA 2002”). Section 110(1) of the EA 2002 permits the CMA to impose a penalty where a person has failed without reasonable excuse to comply with a notice under section 109 of the EA 2002. Section 110(3) of the Act permits the CMA to impose such a penalty where it considers that a person has intentionally obstructed or delayed another person in the exercise of his powers under section 109(6) EA 2002.
Lifecycle
Department
Made
06 Mar 2014
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In force
01 Apr 2014
Enabling power
In accordance with section 111(8) and 174D(7) of the Enterprise Act 2002and section 40A(8) of the Competition Act 1998the Secretary of State has consulted the Competition and Markets Authority and such other persons as he considers appropriate and has considered the representations received.
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