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PART 8U.K.Civil penalties and breaches

CHAPTER 1U.K.Civil penalties

Effect of publication penaltyU.K.

41.—(1) The “publication penalty” means publication on the scheme administrator's webpage, or another compliance body's website, of the following information in relation to a penalty notice—

(a)the name of the responsible undertaking and, where different, of the participant,

(b)details of the breach of these Regulations in respect of which the penalty notice has been issued, and

(c)details of any financial penalty imposed.

(2) The information in paragraph (1) must be published for a minimum period of one year, and may be published for such longer period as the scheme administrator or the compliance body (as the case may be) determines.

(3) A publication penalty may not take effect until the period specified for any appeal against the penalty has expired.