(1)The Secretary of State must keep a monetary penalty imposed by a penalty notice under review and may vary or revoke the penalty notice as the Secretary of State considers appropriate.
(2)If a penalty is revoked under this section, the Secretary of State must, as soon as practicable, give a notice to the person upon whom the penalty was imposed.
(3)If a penalty, or the period within which a penalty is to be paid, is varied under this section, the Secretary of State must, as soon as practicable, give a notice to the person on whom the penalty was imposed which—
(a)states the variation and the reasons for the variation,
(b)includes information about rights of appeal and consequences of non-payment.
(4)A notice under subsection (3) is referred to in this Act as a penalty variation notice.