Chapter III: Financial penalties imposed by the administrative authority responsible for competition and consumer affairs

I.-Within the area of competence determined in II of articles L. 5211-2 and L. 5221-2, the administrative authority responsible for competition and consumer affairs mentioned in article L. 522-1 of the Consumer Code may impose a financial penalty on the perpetrator of an infringement mentioned in articles L. 5461-9 and L. 5462-8 of this Code, in accordance with the procedure laid down in Chapter II of Title II of Book V of the Consumer Code.

II.-The administrative authority responsible for competition and consumer affairs may impose this financial penalty on the perpetrator of an infringement mentioned in articles L. 5461-9 and L. 5462-8 of this Code, in accordance with the procedure laid down in Chapter II of Title II of Book V of the Consumer Code.The administrative authority responsible for competition and consumer affairs may add to this financial penalty a daily fine, which may not exceed €2,500 per day, if the person responsible for the breach has not complied with its requirements by the end of the period set by a formal notice.

III. -The amount of the penalty imposed for the breaches mentioned in 9° and 14° to 17° of Article L. 5461-9 and in 8°, 11°, 12° and 13° of Article L. 5462-8 may not exceed €150,000 for a natural person and 10% of the turnover for the last financial year for which the accounts have been closed, up to a maximum of €1 million, for a legal entity.

The amount of the penalty imposed for the breaches mentioned in 1° to 8°, 10° to 13° and 18° to 21° of Article L. 5461-9 and in 1° to 7°, 9°, 10° and 14° to 17° of Article L. 5462-8 may not exceed €150,000 in the case of a natural person and 30% of the turnover achieved in the last financial year for the product or group of products concerned, subject to a limit of €1 million, in the case of a legal entity.

If one of the breaches referred to in 11°, 12° and 13° of Article L. 5461-9 and 9° and 10° of Article L. 5462-8, the administrative authority responsible for competition and consumer affairs may impose a ban on the advertising concerned by the breach if the person responsible for the breach has not complied with its requirements by the end of the period set by a formal notice.

IV. - The administrative authority responsible for competition and consumer affairs may impose a ban on the advertising concerned by the breach if the person responsible for the breach has not complied with its requirements by the end of the period set by a formal notice.The administrative authority responsible for competition and consumer affairs may decide to publish financial penalty decisions issued under I of this article on its website or a website of the Ministry responsible for the economy.