(1)It shall be the duty of TfL to set the levels of fixed penalties payable to TfL.
(2)Different levels may be set for different cases or classes of case.
(3)In setting the level of fixed penalty under subsection (1) TfL shall take into account the maximum fine for the particular fixed penalty offence in question and 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 TfL in accordance with this section may only come into force in accordance with section 21 (fixed penalties: reserve powers of Secretary of State).
(5)TfL shall publish, in such manner as the Mayor may determine, the levels of fixed penalties which have been set by TfL in accordance with this section.