Part III Licensing of Credit and Hire Businesses
Charges for indefinite licencesF1
28CF3F2Failure to pay charge under s. 28A
1
This section applies if a person (the ‘defaulter’) fails to pay a charge—
a
before the end of a period (the ‘payment period’) as required under section 28A; or
b
where the payment period is extended under section 28B, before the end of the payment period as extended (subject to subsection (2)).
2
Where the payment period is extended under section 28B in relation to a part of the charge only, this section applies if the defaulter fails—
a
to pay so much of the charge as is not covered by the extension before the end of the payment period disregarding the extension; or
b
to pay so much of the charge as is covered by the extension before the end of the payment period as extended.
3
Subject to subsection (4), if the charge is a charge under section 28A(1), the defaulter's licence terminates.
4
If the defaulter has applied to the OFT under section 28B for the payment period to be extended and that application has not been determined—
a
his licence shall not terminate before the application has been determined and the OFT has notified him of the determination; and
b
if the OFT extends the payment period on that application, this section shall have effect accordingly.
5
If the charge is a charge under section 28A(2), the charge shall be recoverable by the OFT.
S. 28B inserted (16.6.2006 for certain purposes and otherwise 6.4.2008) by Consumer Credit Act 2006 (c. 14), ss. {36}, 71(2); S.I. 2006/1508, art. 3(1), Sch. 1; S.I. 2007/3300, art. 3(2), Sch. 2