{"id":455,"date":"2014-10-08T18:49:37","date_gmt":"2014-10-08T18:49:37","guid":{"rendered":"http:\/\/competition.lawlegal.eu?p=455"},"modified":"2014-10-08T18:49:37","modified_gmt":"2014-10-08T18:49:37","slug":"waiver-of-fines","status":"publish","type":"post","link":"https:\/\/competition.lawlegal.eu\/2014\/10\/08\/waiver-of-fines\/","title":{"rendered":"Waiver of fines"},"content":{"rendered":"<h1>Waiver of fines<\/h1>\n<h2>Situations where a waiver of fines may be decided<\/h2>\n<p>Article 87(1) of the Implementing Rules provides that: &#8220;the authorising officer responsible may waive recovery of all or part of an established amount receivable only in the following cases: (a) where the foreseeable cost of recovery would exceed the amount to be recovered and the waiver would not harm the Community&#039;s image; (b) where the amount receivable cannot be recovered in view of its age or the insolvency of the debtor; (c) where recovery is inconsistent with the principle of proportionality.&#8221;<\/p>\n<h3>More about Waiver of fines<\/h3>\n<p>With regard to fines and periodic penalty payments, it is generally in the situation of the liquidation of the debtor that the recovery of a fine could be waived if the necessary conditions are fulfilled and after careful examination and consultation with DG Budget and the Legal Service.<\/p>\n<h3>More about the Subject<\/h3>\n<p>The waiver may concern all or part of the fine (for instance, the undertaking may have already paid a part of the fine; only the recovery of the remainder &#8211; and of the default interests &#8211; would then be waived).<\/p>\n<h2>Resources<\/h2>\n<h3>See Also<\/h3>\n<h3>References<\/h3>\n<ul>\n<li>Information about Waiver of fines in the Antitrust Manual of Procedures for the application of Articles 101 and 102 TFEU (Internal DG Competition)<\/li>\n<\/ul>\n<h3>Further Reading<\/h3>\n<ul>\n<li>Information about Waiver of fines in EU Competition Procedure, 3rd. Edition, Edited by Luis Ortiz Blanco (Oxford University Press)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<h2>Situations where a waiver of fines may be decided<\/h2>\n<p>Article 87(1) of the Implementing Rules provides that: &quot;the authorising officer responsible may waive recovery of all or part of an established amount receivable only in the following cases: (a) where the foreseeable cost of recovery wou&#8230;<\/p>\n","protected":false},"author":2389,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[190],"tags":[165],"_links":{"self":[{"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/posts\/455"}],"collection":[{"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/users\/2389"}],"replies":[{"embeddable":true,"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/comments?post=455"}],"version-history":[{"count":0,"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/posts\/455\/revisions"}],"wp:attachment":[{"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/media?parent=455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/categories?post=455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/tags?post=455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}