SCHEDULE 3Discretionary requirements
PART 1Imposition of discretionary requirements and procedure
Contents of a final notice6
The final notice shall include information as to—
a
the grounds for imposing the one or more discretionary requirements;
b
the Administrator's response to any representations and objections made by the seller, including the effect (if any) on the amount of any variable monetary penalty imposed;
c
where the discretionary requirement is a non-monetary discretionary requirement—
i
the steps the seller is required to take;
ii
the period within which those steps shall be completed;
d
where the discretionary requirement is a variable monetary penalty—
i
the amount of the penalty;
ii
how payment may be made;
iii
the period within which the penalty shall be made;
iv
the effect of paragraph 8 (early payment discount);
v
the effect of paragraph 9 (late payment penalty);
e
rights of appeal; and
f
the consequences of failing to comply with the notice.