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Section 55

Provisions on administrative fines

(1) A person acts unlawfully who, intentionally or recklessly, 1. fails to return a status certificate, or fails to return it in time, contrary to section 7(4), fifth sentence, including in conjunction with section 29(1), 2. fails to make a notification, fails to make it correctly, fails to make it completely, or fails to make it in time, contrary to section 28(1), first sentence, 3. fails to make a notice, fails to make it correctly, fails to make it completely, or fails to make it in time, contrary to section 28(1), second sentence, 4. fails to enter an investor, fails to enter the investor correctly, fails to enter the investor completely, or fails to enter the investor in time, contrary to section 28(2), or 5. fails to take a measure named there, or fails to take it in time, contrary to section 28(3).
(2) The regulatory offence may be punished with an administrative fine of up to ten thousand euros.
(3) The administrative authority within the meaning of section 36(1) no. 1 of the Act on Regulatory Offences is the tax authority named in section 4.

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