7(1)The Scottish Ministers may, on an application from an approved regulator received within 21 days beginning with the day on which the decision notice is given to the approved regulator—S
(a)vary the date by which the penalty requires to be paid,
(b)allow for the penalty to be paid by—
(i)instalments (if not already allowed), or
(ii)different instalments (if allowed).
(2)Where an application is made under sub-paragraph (1), no part of the penalty is required to be paid before the Scottish Ministers notify the approved regulator of their determination of the application.
Commencement Information
I1Sch. 4 para. 7 in force at 1.4.2011 for specified purposes by S.S.I. 2011/180, art. 3, Sch.
I2Sch. 4 para. 7 in force at 2.7.2012 in so far as not already in force by S.S.I. 2012/152, art. 2, Sch.