xmlns:atom="http://www.w3.org/2005/Atom"
13. Where any person fails, without reasonable cause, to comply with the requirement to pay a levy under regulation 2, 5 or 12, the Regulatory Authority may require that person to pay, within 28 days, a penalty which shall—
(a)in the case of an individual, not exceed £1,000; and
(b)in any other case, not exceed £10,000.