Maximum amount of monetary penalty
This section has no associated Explanatory Memorandum
2. The amount of a penalty determined by the OfS(1) under section 69B(3) of the Act (functions of the OfS in relation to students’ unions) must not exceed £50,000.
(1)
The Office for Students is referred to in the Higher Education and Research Act 2017 (c.29) (“the Act”) as the OfS; see section 1(2).