Source: OJ L 149, 09/06/2023, p. 16–25Current language: EN
Article 7 Payment modalities and financial consequences in case of non-payment
Summary What does Article 7 of the Methodology for calculating the supervisory fee say?
This short but consequential article sets out the payment rules for supervisory fees.
It establishes that fees must be paid in euro and in line with the terms set in the implementing decision issued under Article 6.
It then addresses the consequences of non-compliance with those payment terms, making clear that any shortfall will trigger recovery of the outstanding amount plus interest, and that this is entirely separate from any fines or periodic penalty payments that may also apply under the broader DSA framework.
Important points:
- Pay all supervisory fees in euro, strictly in accordance with the payment references set out in the Article 6(4) implementing decision.
- Late payment, partial payment, or non-payment will result in recovery of the unpaid amount together with interest, as calculated under Article 99(2) of Regulation (EU, Euratom) 2018/1046.
- Recovery of unpaid fees and interest does not replace or reduce any fines or periodic penalty payments that may separately apply under Articles 74 and 76 of Regulation (EU) 2022/2065.
Springlex's summary of the article is a reading aid, not a substitute for the legal text.
All supervisory fees shall be payable in euro and in accordance with the payment references provided for in the implementing decision adopted pursuant to Article 6(4).
Any late payment, partial payment, non-payment or non-compliance with the conditions for payment as set out in the implementing decision referred to in Article 6(4) of this Regulation shall give rise to the recovery of the amount unpaid together with interest at the rate referred to in Article 99(2) of Regulation (EU, Euratom) 2018/1046. Those payments are without prejudice to the fines and periodic penalty payments applicable pursuant to Articles 74 and 76 of Regulation (EU) 2022/2065.
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