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1. Subject to paragraph 2, the daily penalty payable by a manufacturer or supplier must be calculated by reference to—
(a)the entry in column (1) of table 1 within which the total value of its net sales income for total supply of all presentations 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.
Column (1) Total values of its net sales income for the total supply of all presentations in most recent complete financial year or if not available, total estimate value of its net sales income for its current financial year | Column (2) Daily penalty for first 14 days | Column (3) Daily penalty for subsequent days |
---|---|---|
Less than £100 million | £2,500 | £5,000 |
£100 million or more | £5,000 | £10,000 |
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