S.L. 330.17 Art. 7Administrative penalties.

(1) Without prejudice to any other supervisory, regulatory, enforcement and investigatory powers of the Authority under the Act or any other law, the Authority shall, by notice in writing and without recourse to a court hearing, impose an administrative penalty which may not exceed the sum of one hundred and fifty thousand euro (€150,000) in respect of breaches by any person of the provisions of the Act or regulations or Rules made thereunder implementing the provisions of the CPC Regulation, for the failure to comply with any decision, order, interim measure, trader’s commitment or other measure adopted pursuant to the CPC Regulation, and in respect of infringements by any person covered by the CPC Regulation.

(2) The administrative penalties taken pursuant to sub-regulation (1) shall be effective, proportionate, and dissuasive, in accordance with the requirements of Union laws that protect consumers’ interests. In particular, due regard shall be given, as appropriate, to the nature, gravity and duration of the infringement in question.