http://www.legislation.gov.uk/uksi/2005/477/contents
The Water Industry (Determination of Turnover for Penalties) Order 2005
Business practice and regulation
Distribution and service industries
Business sectors
Regulation and deregulation
VAT
WATER INDUSTRY, ENGLAND AND WALES
Statute Law Database
2024-06-18
Expert Participation
2020-12-31
Section 22A of the Water Industry Act 1991 provides that, in certain circumstances, the Water Services Regulation Authority (and until it is fully established, the Director General of Water Services), the National Assembly for Wales or the Secretary of State may impose a financial penalty for certain regulatory infringements. Financial penalties may be imposed on a company appointed as a relevant undertaker or a licensed water supplier and must be reasonable in all the circumstances of the case. Financial penalties must not exceed 10 per cent of the turnover of the company in question.
Order applied (Isles of Scilly) (27.3.2020) by The Isles of Scilly (Application of Water Legislation) Order 2020 (S.I. 2020/214), arts. 2(1), 5(k)