Lesser penalty framework updated to allow full reduction for first vital disclosure and tiered reductions for subsequent disclosures. The regulations establish a tiered lesser-penalty mechanism: first applicants who make a vital disclosure backed by evidence enabling a prima-facie view, or establishing contravention where the Commission lacks sufficient evidence, may receive reduction up to one hundred percent; subsequent applicants providing 'added value' evidence may receive reduced penalties, with second-in-priority applicants eligible for up to fifty percent reduction and third-or-subsequent applicants up to thirty percent. Applicants who are enterprises must name individuals involved for whom lesser penalty is sought.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Lesser penalty framework updated to allow full reduction for first vital disclosure and tiered reductions for subsequent disclosures.
The regulations establish a tiered lesser-penalty mechanism: first applicants who make a vital disclosure backed by evidence enabling a prima-facie view, or establishing contravention where the Commission lacks sufficient evidence, may receive reduction up to one hundred percent; subsequent applicants providing "added value" evidence may receive reduced penalties, with second-in-priority applicants eligible for up to fifty percent reduction and third-or-subsequent applicants up to thirty percent. Applicants who are enterprises must name individuals involved for whom lesser penalty is sought.
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