[F1226 Penalties: exceptionally high maximum fines.S
(1)The Secretary of State may by order amend an enactment specifying a sum to which this subsection applies so as to substitute for that sum such other sum as appears to him—
(a)to be justified by a change in the value of money appearing to him to have taken place since the last occasion on which the sum in question was fixed; or
(b)to be appropriate to take account of an order altering the standard scale which has been made or is proposed to be made.
(2)Subsection (1) above applies to any sum which—
(a)is higher than level 5 on the standard scale; and
(b)is specified as the fine or the maximum fine which may be imposed on conviction of an offence which is triable only summarily.
(3)The Secretary of State may by order amend an enactment specifying a sum to which this subsection applies so as to substitute for that sum such other sum as appears to him—
(a)to be justified by a change in the value of money appearing to him to have taken place since the last occasion on which the sum in question was fixed; or
(b)to be appropriate to take account of an order made or proposed to be made altering the statutory maximum.
(4)Subsection (3) above applies to any sum which—
(a)is higher than the statutory maximum; and
(b)is specified as the maximum fine which may be imposed on summary conviction of an offence triable either on indictment or summarily.
(5)An order under this section—
(a)shall be made by statutory instrument subject to annulment in pursuance of a resolution of either House of Parliament; and
(b)shall not affect the punishment for an offence committed before that order comes into force.
(6)In this section “enactment” includes an enactment contained in an Act or subordinate instrument passed or made after the commencement of this Act.]
Textual Amendments
F1Ss. 223A-223T and cross-headings inserted (12.10.2009) by The Mutual Recognition of Criminal Financial Penalties in the European Union (Scotland) Order 2009 (S.S.I. 2009/342), art. 3 (with art. 2)