Article 29: Limitation period for the imposition of fines and periodic penalty payments
1. The powers conferred on the Commission by Article 28 shall be subject to the following limitation periods:
(a) two years in the case of infringements of provisions concerning requests of information pursuant to Article 20;
(b) two years in the case of infringements of provisions concerning information obligation pursuant to Article 20(5) and Article 21(3);
(c) three years in the case infringements of provisions concerning the obligation to prioritise the production of crisis-relevant products pursuant to Article 21.
2. The time shall begin to run on the day on which the infringement is committed. However, in case of continuous or repeated infringements, time shall begin to run on the day on which the infringement ceases.
3. Any action taken by the Commission or the competent authorities of the Member States for the purposes of ensuring compliance with the provisions of this Regulation shall interrupt the limitation period.
4. The interruption of the limitation period shall apply for all the parties which are held responsible for the participation in the infringement.
5. Each interruption shall start the time running afresh. However, the limitation period shall expire at the latest on the day in which a period equal to twice the limitation period has elapsed without the Commission having imposed a fine or a periodic penalty payment. That period shall be extended by the time during which the limitation period is suspended because the decision of the Commission is the subject of proceedings pending before the Court of Justice of the European Union.
Note: This is not the final text of the European Chips Act. This is the text of the European Chips Act Proposal of February 2022.