http://www.legislation.gov.uk/ukpga/2014/21/schedule/8/paragraph/32/2017-03-06Water Act 2014An Act to make provision about the water industry; about compensation for modification of licences to abstract water; about main river maps; about records of waterworks; for the regulation of the water environment; about the provision of flood insurance for household premises; about internal drainage boards; about Regional Flood and Coastal Committees; and for connected purposes.texttext/xmlenStatute Law Database2024-04-02Expert Participation2017-03-06 SCHEDULESSCHEDULE 8Regulation of the water environment Part 2 Supplementary provision<Emphasis>Water regulations trading schemes: penalties</Emphasis>321The regulations may, if they are water regulations, authorise the inclusion in a trading scheme of—aprovision for penalties in respect of contraventions of provisions of the scheme;bprovision for the amount of any penalty under the scheme to be such as may be set out in, or calculated in accordance with—ithe scheme, oriithe regulations (including regulations made after the scheme starts to operate).2In this paragraph “trading scheme” means a scheme of the kind mentioned in paragraph 3(3).
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<Title>SCHEDULES</Title>
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<Number>SCHEDULE 8</Number>
<TitleBlock>
<Title>Regulation of the water environment</Title>
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<Title>Supplementary provision</Title>
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<Title>
<Emphasis>Water regulations trading schemes: penalties</Emphasis>
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<Text>The regulations may, if they are water regulations, authorise the inclusion in a trading scheme of—</Text>
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In this paragraph “
<Term id="term-trading-scheme">trading scheme</Term>
” means a scheme of the kind mentioned in paragraph 3(3).
</Text>
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