10Levels of fixed penalties
(1)It shall be the duty of the borough councils and Transport for London to set the levels of fixed penalties payable to them.
(2)Different levels may be set for different areas in Greater London and for different cases or classes of case.
(3)In setting the level of fixed penalty under subsection (1) above the borough councils and Transport for London may take account of—
(a)any reasonable costs or expected costs incurred or to be incurred in connection with the administration of the provisions of the enactment under which the particular fixed penalty offence is created; and
(b)the cost or expected cost of enforcing the provisions of the relevant enactment.
(4)Levels of fixed penalties set by the borough councils and Transport for London in accordance with this section may only come into force in accordance with section 11 (Fixed penalties: reserve powers of Secretary of State) of this Act.
(5)The borough councils and Transport for London shall publish, in the same manner as they publish levels of additional parking charges which have been set in accordance with the provisions of section 74 of the Road Traffic Act 1991 (c. 40), the levels of fixed penalties which have been set by them in accordance with this section.
(6)Before setting the levels of fixed penalties under this section, the borough councils and Transport for London shall establish a single joint committee under section 101(5) of the Local Government Act 1972 (c. 70).
(7)The functions conferred on borough councils and Transport for London by this section and section 11 (Fixed penalties: reserve powers of Secretary of State) of this Act shall be discharged by the joint committee.