The Vehicle Emissions Trading Schemes (Amendment) Order 2024
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Change 1
11 Amendment to article 105 (provision of false or misleading information: participants in the Trading Schemes)
After article 105(10) insert— (11) The administrator may impose the penalties in paragraph (12) on a participant in the Trading Schemes where an officer of a company who is made available by that participant in accordance with article 87 (power to question officers of a company) provides false or misleading information when questioned under that article. (12) The penalties are— (a) the financial penalty of £750,000 or, if lower, 0.5% of the turnover of the participant in the Trading Schemes for its financial year ending during the scheme year to which the false or misleading information relates; (b) publication; and (c) a block. .
11 Amendment to article 105 (provision of false or misleading information: participants in the Trading Schemes)
After article 105(10) insert— (11) The administrator may impose the penalties in paragraph (12) on a participant in the Trading Schemes where an officer of a company who is made available by that participant in accordance with article 87 (power to question officers of a company) provides false or misleading information when questioned under that article. (12) The penalties are— (a) the financial penalty of £750,000 or, if lower, 0.5% of the turnover of the participant in the Trading Schemes for its financial year ending during the scheme year to which the false or misleading information relates; (b) publication; and (c) a block. .
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