SCHEDULES
SCHEDULE 1Monetary penalty notices
Part 1Monetary penalty notices
Guidance
I111
1
The Commissioner must prepare and issue guidance on how the Commissioner proposes to exercise the Commissioner's functions under section 7 and this Schedule.
2
The guidance must, in particular, deal with—
a
the manner in which the Commissioner is to deal with claims of a description specified in the guidance which may give rise to grounds for serving a monetary penalty notice,
b
the circumstances in which the Commissioner would consider it appropriate to serve a monetary penalty notice,
c
how the Commissioner will determine the amount of the penalty, and
d
the circumstances in which the Commissioner would consider it appropriate to impose an enforcement obligation.
3
The Commissioner may alter or replace the guidance.
4
If the guidance is altered or replaced, the Commissioner must issue the altered or replacement guidance.
5
The Commissioner must arrange for the publication, in such form and manner as the Commissioner considers appropriate, of any guidance issued under this paragraph.