5

1

Where any person, without reasonable cause, fails to comply with the duty imposed under regulation 6(2) he is guilty of an offence and liable on summary conviction to a fine not exceeding level 5 on the standard scale.

2

Where any person, without reasonable cause, fails to comply with any duty imposed by regulation 2, 3 or 6(3) the Occupational Pensions Regulatory Authority7 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.