(1)This section applies if all or part of an amount of costs that a recognised body is required to pay under section 152A(1) is unpaid at the end of the period ending on the applicable date.
(2)The applicable date is—
(a)the last date on which the recognised body may make an appeal under section 152B in respect of the costs, if no such appeal is made;
(b)if an appeal under section 152B in respect of the costs is made—
(i)the date on which the appeal is determined, or
(ii)if the appeal is withdrawn before being determined, the date on which the appeal is withdrawn.
(3)The unpaid amount of the costs for the time being carries interest at the rate for the time being specified in section 17 of the Judgments Act 1838 (and does not also carry interest as a judgment debt under that section).
(4)The total amount of interest imposed under subsection (3) must not exceed the amount of the costs.
(5)Ofqual may recover from the body, as a civil debt due to it, the unpaid amount of the costs and any unpaid interest.]
Textual Amendments
F1Ss. 152A-152C inserted (1.5.2012) by Education Act 2011 (c. 21), ss. 23(5), 82(3); S.I. 2012/924, art. 3