German Act on Corporate Due Diligence Obligations for the Prevention of Human Rights Violations in Supply Chains
(Supply Chain Due Diligence Act - LkSG | Lieferkettensorgfaltspflichtengesetz – LkSG)
of July 16, 2021 | also referred to as the Supply Chain Act or Due Diligence Act.
Published in the Federal Law Gazette Federal Law Gazette Year 2021 Part I No. 46, issued at Bonn on July 22, 2021.
German Supply Chain Act - LkSG - §23 Periodic penalty payment
The amount of the periodic penalty payment in administrative enforcement proceedings by the competent authority pursuant to Section 19 (1) sentence 1 shall be up to 50,000 Euro.en, notwithstanding Section 11 (3) of the Administrative Enforcement Act.
LkSG