Financial penalty for late payment
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Nodiadau Esboniadol
9(1)Infrastructure-levy regulations may allow, or require, local authorities to charge a financial penalty if the payable amount is not paid within a period specified in the regulations.
(2)The regulations may, in particular, provide for the charging of—
(a)a penalty of a specified amount (or amounts),
(b)a penalty that is calculated periodically as a proportion of the payable amount, or
(c)both kinds of penalty.