49.—(1) Subject to paragraph (2), if a person has failed to pay a periodic fee by the time it has become payable under regulation 48, a penalty fee is payable by that person.
(2) A penalty fee is payable only if, after a period of 60 days commencing on the date of the written notice (“the notice”) issued by the licensing authority requiring payment of that fee, the fee remains unpaid.
(3) Unless regulation 50 applies, where a periodic fee remains unpaid after 60 days commencing on the date of the notice, the penalty fee is—
(a)£100 where the total unpaid fee exceeds £200; or
(b)£50 where the total unpaid fee does not exceed £200.
(4) In paragraph (3), the “total periodic fee” means the total of all the periodic fees payable by a person in connection with all the authorizations, registrations, authorisations or licences held by that person.