The Platform Operators (Due Diligence and Reporting Requirements) Regulations 2023
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Change 1
12 Penalties for failure to provide information to reportable sellers
If a reporting platform operator fails to comply with regulation 4(4) (reporting of information to reportable sellers), the reporting platform operator is liable— (a) to a penalty not exceeding £5,000 for each reportable period in respect of which one or more failures have occurred, and (b) if any of the failures continue after notice of an assessment to a penalty under paragraph (a) is issued, to a penalty not exceeding £600 for each subsequent day on which any of the failures continue.
12 Penalties for failure to provide information to reportable sellers
If a reporting platform operator fails to comply with regulation 4(4) (reporting of information to reportable sellers), the reporting platform operator is liable— (a) to a penalty not exceeding £5,000 for each reportable period in respect of which one or more failures have occurred, and (b) if any of the failures continue after notice of an assessment to a penalty under paragraph (a) is issued, to a penalty not exceeding £600 for each subsequent day on which any of the failures continue.
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