Penalty structure revised: minimum baseline plus capped daily fines for continued regulatory noncompliance. The amendment revises section 15E to replace the earlier comparative phrasing with a dual-component monetary sanction: a baseline minimum fine together with a separate daily fine for each day of continued noncompliance, subject to an overall maximum cap on the aggregate daily fines.
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Penalty structure revised: minimum baseline plus capped daily fines for continued regulatory noncompliance.
The amendment revises section 15E to replace the earlier comparative phrasing with a dual-component monetary sanction: a baseline minimum fine together with a separate daily fine for each day of continued noncompliance, subject to an overall maximum cap on the aggregate daily fines.
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