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It is a minimum (for the noted offense). Also, your language is out of place. From http://data.consilium.europa.eu/doc/document/ST-5419-2016-INIT/en/pdf http:
by iffycan 8y ago
It is a minimum (for the noted offense). Also, your language is out of place.
From http://data.consilium.europa.eu/doc/document/ST-5419-2016-INIT/en/pdf http://data.consilium.europa.eu/doc/document/ST-5419-2016-IN...
Article 83:
Section 4:
> Infringments of the following provisions shall, in acccordance with paragraph 2, be subject to administrative fines up to 10 000 000 EUR, or in the case of an undertaking, up to 2% of the total worldwide annual turnover of the preceding financial year, whichever is higher:
Section 5:
> Infringements of the following provisions shall, in accordance with paragraph 2, be subject to administrative fines up to 20 000 000 EUR, or in the case of an undertaking, up to 4% of the total worldwide annual turnover of the preceding financial year, whichever is higher:
- DanBC 8y agoFrom the text that you cut and paste: > Infringments of the following provisions shall, in acccordance with paragraph 2, be subject to administrative fines up to 10 000 000 EUR, > be subject to administrative fines up to 10 000 000 EUR, > fines up to 10 000 000 EUR, > up to "Up to" means this is the maximum possible fine for the worst, flagrant, on-going, violation.