• Commercial Licensing Regulations 2015 (Fines) Rules 2015

    Date of Adoption: 12 April 2015

    The Board of Directors of the Abu Dhabi Global Market, in implementation of section 80 of the Commercial Licensing Regulations 2015, hereby makes the following rules: —

    • 1. Citation

      These Rules may be cited as the Commercial Licensing Regulations 2015 (Fines) Rules 2015.

    • 2. The standard fines scale

      (1) The following scale of fines is prescribed as the standard fines scale for the purposes of section 80 of the Commercial Licensing Regulations 2015:
       
      Level on the scale Amount of Fine (in US Dollars)
      1 1,500
      2 2,000
      3 5,000
      4 10,000
      5 15,000
      6 20,000
      7 25,000
      8 50,000
      (2) Where a provision of any enactment or subordinate legislation provides that a fine imposed may be 'up to' or 'not exceeding' a level specified on the standard fines scale, the amount of a fine imposed pursuant to that provision shall be the amount corresponding to that level in the standard fines scale, unless the body administering that fine decides that a fine of a lesser amount is justified in the circumstances.