Higher Education and Research Act 2017, Paragraph 4 is up to date with all changes known to be in force on or before 08 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
4(1)This paragraph applies if all or part of a monetary penalty imposed on a provider under section 15 is unpaid by the time when it is required to be paid.E+W
(2)The unpaid amount of the penalty for the time being—
(a)carries interest at the rate for the time being specified in section 17 of the Judgments Act 1838, and
(b)does not also carry interest as a judgment debt under that section.
(3)The total amount of interest imposed under sub-paragraph (2) must not exceed the amount of the penalty.
(4)The OfS may recover from the provider, as a civil debt due to it, the unpaid amount of the penalty and any unpaid interest.
Commencement Information
I1Sch. 3 para. 4 in force at 1.8.2019 by S.I. 2018/1226, reg. 4(m)
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