Penalties
9. Where any trustee or manager of an occupational pension scheme fails, without reasonable excuse, to comply with any requirement imposed under regulation 6, 7 or 8, the Regulatory Authority may require that trustee or manager to pay within 28 days from the date of its imposition, a penalty which shall not exceed—
(a)£200 in the case of an individual, and
(b)£1,000 in any other case.