Amount of penalty fare
53.—(1) Subject to paragraph (2), a penalty fare is £20 and is payable to the promoter before the expiration of the period of 21 days beginning with the day following the day on which the journey in respect of which it is payable is completed.
(2) The promoter may from time to time vary the amount of the penalty fare provided that—
(a)the consent of the Secretary of State is obtained in writing to such a variation; and
(b)a notice stating the amount of the penalty fare as so varied is published in a newspaper circulating in the promoter’s area not later than 28 days before the day on which the penalty fare, as so varied, is to take effect.