Sanctions year-end closing

See below for a summary of year-end infringements and the possible associated sanctions.

 Infringement

Sanction

Sanction
amount

Commencement date

No emissions report by
1 April

Periodic penalty payments

€500 - €4,500 euro
per day

1 April

No emissions report by
1 April

Administrative
fine

€10.000 -
€450,000 euro1

1 April

Not enough allowances
surrendered by 1 May

Administrative
fine

€1002 per allowance not surrendered +
obligation to compensate
next year

1 October 

1 If the company's turnover is over €4,500,000, the maximum fine will be equal to 10% of the turnover.

2 Starting from the 2013 emissions year, the amount will be indexed according to the European consumer price index.