Schedule 5, Part 3, paragraph 16C(7)
A final enforcement notice that imposes a penalty on the respondent must state— the amount of the penalty (including whether it is a fixed amount, an amount calculated by reference to a daily rate or both a fixed amount and an amount calculated by reference to a daily rate); the grounds on which the penalty is imposed together with any other factors that the CMA considers justify the giving of the penalty or its amount; in the case of an amount calculated by reference to a daily rate, the day on which the amount first starts to accumulate and the day or days on which it might cease to accumulate; how the penalty is to be paid to the CMA; the date or dates, no earlier than the end of 28 days beginning with the date of service of the notice on the respondent, by which the penalty or (as the case may be) different portions of it are required to be paid; that the penalty or (as the case may be) different portions of it may be paid earlier than the date or dates by which it or they are required to be paid; that the respondent has the right to apply under sub-paragraph (8), or to appeal under paragraph 16D, and the main details of those rights.
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Source: legislation.gov.uk · retrieved 2026-07-30