DEFAULTS ETC IN MAKING PAYMENTS IN RESPECT OF LEVY

Under-payments in respect of levy: action by prescribed person

17.—(1) If at any time the Director has reason to believe that the payment, or the aggregate of the payments, made in respect of the levy by a licensed supplier in respect of a qualifying month pursuant to these Regulations is less than it should have been, he shall serve notice on the supplier setting out–

(a)his reason or reasons for the belief; and

(b)after having regard to the information relating to the supplier available to him at the time, the amount which he believes that the supplier should have paid and the manner in which that amount has been calculated,

(2) Forthwith upon receipt of a notice served on him under paragraph (1) the licensed supplier shall pay to the Director the difference between the amount set out in that notice and the amount which he has paid (together with an amount in respect of interest in accordance with regulation 29(1)).

(3) No notice under paragraph (1) may be served after the expiry of a period of 3 years commencing on the last day of the qualifying month in question.