24(1)The regulations may authorise the inclusion in a trading scheme of—S
(a)provision for penalties in respect of contraventions of provisions of the scheme,
(b)provision for the amount of any penalty under the scheme to be such as may be set out in, or calculated in accordance with—
(i)the scheme, or
(ii)the regulations (including regulations made after the scheme).
(2)In this paragraph, “trading scheme” means a scheme of the kind mentioned in paragraph 2(3).
Commencement Information
I1Sch. 2 para. 24 in force at 30.6.2014 by S.S.I. 2014/160, art. 2(1)(2), Sch.