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[F1SCHEDULE 26AE+WVariable monetary penalties (England)

PART 1E+WVariable monetary penalties: procedure

Offering a third party undertaking E+W

4.(1) A person on whom a notice of intent is served may offer the Agency an undertaking as to action to be taken by that person (including the payment of a sum of money) to benefit any third party affected by the offence (a “third party undertaking”).

(2) The Agency may accept or reject such a third party undertaking.

(3) If the Agency accepts the third party undertaking, it must also take that undertaking into account in making a decision in relation to the imposition of a variable monetary penalty.]