Trust Enterprise Act Article 58

The amount of the fines prescribed by this Act shall be determined by the Competent Authority. In the event the penalized party disagrees with the decision, such party may appeal such decision in accordance with the procedures for administrative appeal and administrative litigation. During the period of administrative appeals and administrative litigation, the execution of the penalty may be stayed by the posting of bonds in the appropriate amounts.In the event of failure to pay a fine within the prescribed period of time, a surcharge for late payment shall be levied and calculated at the rate of one percent (1%) of the amount of the fine in arrears for each day of delay, starting from the day following the expiry of the prescribed period of time. If the payment of the fine is still not made within thirty (30) days after the expiry of the prescribed period of time, the matter shall be referred to the court for compulsory enforcement, and the Competent Authority may, in addition, suspend the business of the relevant trust enterprise or its branch.