Section 174D(8)

In imposing a penalty by reference to a daily rate— no account is to be taken of any days before the service on the person concerned of provisional penalty notice under section 112(A1) (as applied by section 174A(10)); and unless the CMA determines an earlier date (whether before or after the penalty is imposed), the amount payable ceases to accumulate at the beginning of the earliest of the days mentioned in subsection (9).

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Source: legislation.gov.uk · retrieved 2026-09-04