Prospective
5(1)This paragraph applies where a sum is payable to the ICRIR as a penalty under this Part of this Schedule.
(2)In England and Wales, the penalty is recoverable as if it were payable under an order of the county court in England and Wales.
(3)In Scotland, the penalty may be enforced in the same manner as an extract registered decree arbitral bearing a warrant for execution issued by the sheriff court of any sheriffdom in Scotland.
(4)In Northern Ireland, the penalty is recoverable as if it were payable under an order of a county court in Northern Ireland.
(5)Where action is taken under this paragraph for the recovery of a sum payable as a penalty under this Part of this Schedule, the penalty is—
(a)in relation to England and Wales, to be treated for the purposes of section 98 of the Courts Act 2003 (register of judgments and orders etc) as if it were a judgment entered in the county court;
(b)in relation to Northern Ireland, to be treated for the purposes of Article 116 of the Judgments Enforcement (Northern Ireland) Order 1981 (S.I. 1981/226 (N.I. 6)) (register of judgments) as if it were a judgment in respect of which an application has been accepted under Article 22 or 23(1) of that Order.
(6)The ICRIR must pay into the Consolidated Fund any penalty paid or recovered under this Part of this Schedule.
Commencement Information
I1Sch. 4 para. 5 not in force at Royal Assent, see s. 63(4)