(1)If the Registrar decides to impose a civil penalty, the Registrar must serve on the person a notice to that effect (a “penalty notice”).
(2)The notice must—
(a)set out the conduct on which the decision to impose the penalty is based,
(b)set out the reasons why the Registrar is satisfied that the person has engaged in that conduct,
(c)state the amount of the penalty,
(d)specify the period within which and the form in which the penalty must be paid, and
(e)contain particulars of the right to appeal under section 17.
(3)The amount specified in a penalty notice must not exceed £7,500.
(4)Regulations may amend subsection (3) by substituting a different maximum figure.
(5)The period specified under subsection (2)(d) must not end before the end of the period within which an appeal under section 17 can be brought.
(6)The person must pay the amount before the end of that period (but this is subject to section 17(2)).
(7)Where a penalty notice has been served on a person, the Registrar may vary or cancel it by serving written notice to that effect on the person.