68(1)The senior tracking officer is liable to a penalty of £5,000 if the officer, without reasonable excuse—
(a)fails to comply with paragraph 66(1)(a) at any time in a tracking period, or
(b)fails to provide a certificate in accordance with paragraph 66(1)(b) and (3).
(2)The senior tracking officer is not liable to more than one penalty under paragraph 68(1)(a) in respect of the TTH asset and the same tracking period.
(3)If the purchaser, without reasonable excuse, fails to give a notice in accordance with paragraph 66(2) and (3), the purchaser is liable to a penalty of £5,000.
(4)If (but for this sub-paragraph) more than one person would be liable for a penalty under sub-paragraph 68(1)(a) or (b) in respect of the TTH asset and a tracking period, only the person who became the senior tracking officer latest in the tracking period is liable to such a penalty.