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AI Summary of 15AO. Relationship between applications for immunity from administrative financial sanctions and sanctions on natural persons
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15AO. Relationship between applications for immunity from administrative financial sanctions and sanctions on natural persons
(1) Where the conditions in subsection (2) are met, the following individuals are fully protected from any sanctions that may be imposed in administrative and non-criminal judicial proceedings, in relation to their involvement in the cartel covered by an application for immunity from administrative financial sanctions for infringements of relevant competition law:
(a) current and former directors of the undertaking concerned;
(b) managers of the undertaking concerned;
(c) other members of staff of the undertaking concerned.
(2) The conditions referred to in subsection (1) are as follows:
(a) that the application for immunity from administrative financial sanctions of the undertaking to the relevant competent authority fulfils the requirements in accordance with paragraphs (a) and (b) of section 15AI(5);
(b) that the individuals referred to in paragraphs (a), (b) and (c) of subsection (1) actively cooperate in this respect with the competent authority concerned;