(1) This section applies in relation to a requirement imposed on the respondent to pay a monetary penalty under a final breach of undertakings enforcement notice.
(2) The amount of the penalty must be -
(a) a fixed amount,
(b) an amount calculated by reference to a daily rate, or
(c) a combination of a fixed amount and an amount calculated by reference to a daily rate.
(3) The penalty must not exceed -
(a) in the case of a fixed amount, £150,000 or, if higher, 5% of the total value of the turnover (if any) of the respondent;
(b) in the case of an amount calculated by reference to a daily rate, for each day £15,000 or, if higher, 5% of the total value of the daily turnover (if any) of the respondent;
(c) in the case of a fixed amount and an amount calculated by reference to a daily rate, such fixed amount and such amount per day.
(4) In imposing a penalty by reference to a daily rate -
(a) no account is to be taken of any days before the date on which the provisional breach of unde
…