Recovery of monetary penalty: defined roles, registers and certification streamline enforcement under competition law. These regulations define terms and the recovery framework for monetary penalties under the Competition Act, 2002: 'penalty', 'demand notice', 'enterprise'/'person' and their 'in default' status; establish the Penalty Recovery Register (Form IV), the Recovery Certificate, and the role of an authorised Recovery Officer; and identify institutional roles including the Commission, Secretary and Tax Recovery Officer, with undefined terms to be read according to the Competition Act, Companies Act, or Income-tax Act as applicable.