Recovery of Fines rules

Recovery of fines/periodic penalty payments: List of applicable rules

The recovery of fines and periodic penalty payments (including the waiver of such recovery) is governed by a number of EU Budget rules, including: – The Financial Regulation 1 (notably Article 73); – The Implementing Rules 2 (notably Articles 82-89);

Resources

See Also

References

• Information about Recovery of Fines rules in the Antitrust Manual of Procedures for the application of Articles 101 and 102 TFEU (Internal DG Competition)

Notes

[Note 1] Council Regulation (EC, Euratom) No 1605/2002 on the Financial Regulation applicable to the general budget of the European Communities (OJ L 357, 31.12.2002, p. 1), as last amended by Council Regulation (EC, Euratom) No 1995/2006 of 13 December 2006 (OJ L 390, 30.12.2006, p. 1).
[Note 2] Commission Regulation (EC, EURATOM) No 2342/2002 of 23 December 2002 laying down detailed rules for the implementation of Council Regulation (EC, Euratom) No 1605/2002 on the Financial Regulation applicable to the general budget of the European Communities (OJ L 357, 31.12.2002, p. 1), as last amended by Regulation (EC, EURATOM) No 478/2007 of 23 April 2007 (OJ L111, 28.4.2007, p. 13).

Further Reading

• Information about Recovery of Fines rules in “An Introduction to EU Competition Law”, Moritz Lorenz (Cambridge University Press)