4(1)This paragraph applies if all or part of a monetary penalty imposed on a provider under section 15 is unpaid by the time when it is required to be paid.E+W
(2)The unpaid amount of the penalty for the time being—
(a)carries interest at the rate for the time being specified in section 17 of the Judgments Act 1838, and
(b)does not also carry interest as a judgment debt under that section.
(3)The total amount of interest imposed under sub-paragraph (2) must not exceed the amount of the penalty.
(4)The OfS may recover from the provider, as a civil debt due to it, the unpaid amount of the penalty and any unpaid interest.
Commencement Information
I1Sch. 3 para. 4 in force at 1.8.2019 by S.I. 2018/1226, reg. 4(m)