Tag: Recovery of Fines
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Recovery of Fines
Recovery of fines/periodic penalty paymentsAny decision imposing fines (for more background information, see Module on Prohibition Decisions) or periodic penalty payment (for more background information, see Module on Periodic Penalty Payment) already provides for the following in its opera…
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Recovery of Fines rules
Recovery of fines/periodic penalty payments: List of applicable rulesThe 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</…
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Obligation to pay
Obligation to pay within the time limit set by the decision and exceptionsAt the latest on the date set by the decision for payment, the fine (or periodic penalty payment) must be paid pursuant to Article 299 TFEU (the Commission's decisions are enforceable) and Article 278 TFEU (the ap…
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Failure to pay within the time-limit
Failure to pay (Fines, etc.) within the time-limitDG Budget is responsible for the recovery of fines and periodic penalty payments.More about Failure to pay within the time-limitIf the fine is not discharged within the deadline set by the decision (and assuming the exceptions above…
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Fine reductions
Obligation to pay within the time limit set by the decision and exceptions: The granting of payment facilities and/or fine reductionsExceptionally, the addressee of the decision may be granted payment facilities by the Accounting Officer of the Commission (Article 85 of the Implementing Rul…
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Challenge before the EU Courts
Obligation to pay within the time limit set by the decision and exceptions: Challenge before the EU CourtsIf the addressee of the decision decides to challenge the decision, it has to opt between a provisional payment or a bank guarantee complying with certain minimum requirements, both to …