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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Version date: 26 June 2017 - onwards
  Version 8 of 8    

Regulation 42 Power to impose civil penalties

Revoked from 26 June 2017

(1) A designated authority may impose a penalty of such amount as it considers appropriate on a person (except an auction platform) who fails to comply with any requirement in regulation 7(1), (2) or (3), 8(1) or (3), 9(2), 10(1), 11(1), 14(1), 15(1) or (2), 16(1), (2), (3) or (4), 19(1), (4), (5) or (6), 20(1), (4) or (5), 21, 26, 27(4) or 33.

(1A) A designated authority may impose a penalty of such amount as it considers appropriate on an auction platform which fails to comply with -

(a) the customer due diligence requirements of Article 19 or 20(6) of the emission allowance auctioning regulation;

(b) the monitoring and record keeping requirements of Article 54 of the emission allowance auctioning regulation; or

(c) regulation 20(1), (4) or (5) or 21 of these Regulations.

(1B) A designated authority may impose a penalty of such amount as it considers appropriate on a person who fails to comply with any requirement of a notice given under regulation 37(1).

(1C) In paragr

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