s 312F Financial penalties
(1) If the appropriate regulator considers that a recognised body or data reporting service provider has contravened a relevant requirement imposed on the body or provider , it may impose on the body or provider a penalty, in respect of the contravention, of such amount as it considers appropriate. (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .