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The Measuring Instruments Regulations 2016

The Measuring Instruments Regulations 2016 Sch 7 para 4

Sch 7 para 4 Interest and recovery

(1) This paragraph applies if all or part of a monetary penalty imposed under these Regulations is unpaid by the time when it is required to be paid. (2) The unpaid amount of a penalty for the time being— (a) carries interest at a rate for the time being specified in section 17 of the Judgments Act 1838 , and (b) does not also carry interest as a judgment debt under that section. (3) The total amount of interest imposed under sub-paragraph (2) must not exceed the amount of the penalty. (4) The Secretary of State may recover from the economic operator on whom it is imposed as a civil debt, the unpaid amount of the penalty and any unpaid interest. (5) Any sums received by the Secretary of State by way of a penalty imposed under these Regulations or interest under this paragraph must be paid into the Consolidated Fund.

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