§ § 12¹²Non-compliance levy and default interest

en · 727 chars · active
(1) In the event of failure to comply with a precept specified in clauses 1–3, 5 and 6 of subsection 1 of § 1211 of this Act, the political party funding supervision committee may impose a non-compliance levy of up to 15 000 euros in accordance with the procedure provided for in the Substitutional Performance and Non-Compliance Levies Act.
[RT I, 05.02.2014, 1 – entry into force 01.04.2014]
(2) If the precept provided for in clause 4 of subsection 1 of § 1211 of this Act is not complied with by the date specified in the precept, the political party will pay the state budget default interest at the rate of 0.85 per cent of the overdue amount per calendar day of delay.
[RT I, 10.12.2010, 1 – entry into force 01.04.2011]

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