The Qualifications Wales (Monetary Penalties) (Determination of Turnover) Regulations 2019

• Citation: S.I. 2019/796 (W.)
• Sections: 5

Section 1 Title and commencement

(1) The title of these Regulations is the Qualifications Wales (Monetary Penalties) (Determination of Turnover) Regulations 2019.

(2) These Regulations come into force on 12 April 2019.

Section 2 Interpretation

(1) In these Regulations—

“the Act” (“ y Ddeddf ”) means the Qualifications Wales Act 2015;

“awarding body” (“ corff dyfarnu ”) has the meaning given by section 57 of the Act;

“business year” (“ blwyddyn fusnes ”) means a period of more than 6 months in respect of which an awarding body publishes accounts or, if no such accounts have been published for the period, prepares accounts;

“date of notice” (“ dyddiad hysbysu ”) means the date on which Qualifications Wales gives notice to an awarding body under section 38(4) of the Act of their intention to impose a monetary penalty on the awarding body;

“preceding business year” (“ blwyddyn fusnes flaenorol ”) means the business year immediately preceding the date of notice.

Section 3 Monetary penalty: amount

(1) The amount of a monetary penalty imposed on an awarding body under section 38 of the Act must not exceed 10% of the awarding body’s turnover.

(2) The turnover of an awarding body for the purposes of paragraph (1) is to be determined in accordance with regulations 4 and 5.

(3) Subject to paragraph (1), the amount may be whatever Qualifications Wales decide is appropriate in all the circumstances of the case.

Section 4 Determination of turnover for the purposes of regulation 3

(1) Where the preceding business year is a period of 12 months, the turnover of an awarding body is the body’s applicable turnover for the entire preceding business year.

(2) Where the preceding business year did not equal 12 months, the turnover is the awarding body’s applicable turnover for that business year divided by the number of months in that business year and multiplied by 12.

(3) Where there was no preceding business year, the turnover is the applicable turnover for the 12 months ending on the last day of the month preceding the month in which the date of the notice falls.

(4) Where in the application of paragraph (3) the awarding body has turnover for a period of less than 12 months, the turnover is the applicable turnover in that period divided by the number of months in that period and multiplied by 12.

(5) In this regulation—

“applicable turnover” has the meaning given in regulation 5.

Section 5 Applicable turnover

(1) For the purposes of regulation 4, the applicable turnover of an awarding body is the sum of—

(a) all amounts derived by the body from the provision of goods and services falling within the body’s ordinary activities in the United Kingdom; and

(b) all other amounts received by the body in the course of the body’s ordinary activities in the United Kingdom by way of gift, grant, subsidy or membership fee,

after deduction of trade discounts, value added tax and other taxes based on the amounts so derived or received.

(2) The amounts are to be calculated in conformity with generally accepted accounting principles in the United Kingdom.