Part 3Enforcement of consumer protection law
Chapter 5Monetary penalties: general provisions
204Determination of turnover
(1)
In this Part references to “turnover” of a person include—
(a)
turnover both in and outside the United Kingdom;
(b)
where the person controls another person, the turnover of that other person;
(c)
where the person is controlled by another person, the turnover of that person.
(2)
The Secretary of State may by regulations—
(a)
make provision for determining when a person is to be treated as controlled by another person for the purposes of subsection (1)(b) and (c);
(b)
make provision for determining the turnover of a person for the purposes of this Part.
(3)
Regulations under this section may, in particular, make provision as to—
(a)
the amounts which are, or which are not, to be treated as comprising a person’s turnover or daily turnover;
(b)
the date or dates by reference to which a person’s turnover or daily turnover is to be determined.
(4)
Regulations under this section may include provision enabling the court or the CMA to determine matters of a description specified in the regulations (including any of the matters mentioned in paragraphs (a) and (b) of subsection (3)).
(5)
Regulations under this section are subject to the negative procedure.