SCHEDULES
C1SCHEDULE 1Fixed penalties
Annotations:
Modifications etc. (not altering text)
Discounted amount and period for payment
I1I27
1
A discounted amount is payable instead of the amount specified in regulations under paragraph 5 if payment is made before the end of the period for payment of the discounted amount.
2
That period is the period of 15 days beginning with the day on which the notice is given, unless the 15th day is not a working day.
3
If the 15th day is not a working day, that period is the period beginning with the day on which the notice is given and ending immediately after the first working day following the 15th day.
4
In this paragraph, “working day” means any day which is not Saturday, Sunday, Christmas Day, Good Friday or a day which is a bank holiday in England and Wales under the Banking and Financial Dealings Act 1971 (c. 80).
Sch. 1 applied (with modifications) (1.10.2014 for specified purposes, 1.10.2015 in so far as not already in force) by Children and Families Act 2014 (c. 6), ss. 91(5), 139(6); S.I. 2014/2609, art. 2; S.I. 2015/375, art. 3