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The Health Service Medicines (Information Relating to Sales of Branded Medicines etc.) Regulations 2007

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Regulation 4

THE SCHEDULE

This schedule has no associated Explanatory Memorandum

PENALTIES

1.  The daily penalty payable by a relevant scheme member who contravenes regulation 3(5) or (6) or both provisions shall be calculated by reference to—

(a)the entry in column (1) of the following table within which the total value of his sales for the health service falls;

(b)the amount specified in column (2) opposite that entry in respect of each day of the contravention; and

(c)the amount specified in column (3) opposite that entry in respect of each subsequent day of that contravention.

THE TABLE

Health service sales of relevant scheme memberDaily penalty for first 14 daysDaily penalty for subsequent days
Column (1)Column (2)Column (3)
Less than £100 million£2,500£5,000
£100 million or more£5,000£10,000

2.  For the purposes of this Schedule, the health service sales of the relevant scheme member shall be calculated at the time the penalty becomes payable by reference to the amount recorded by that scheme member in the Annual Financial Return most recently submitted by it.

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