Penalty notice

(1) The Registrar may determine the disciplinary measure or enforcement action to impose and issue a written penalty notice to the licensee– (a) after the expiration of 30 days from the date the notice of intention was given, if the licensee does not submit written representation in accordance with regulation 19(3); or (b) after consideration of the written representations, if the licensee submits the representations in accordance with regulation 19(3). (2) A penalty notice shall indicate— (a) the matters referred to in regulation 19(1)(a) and (b); (b) the date on which notice of intention was given and whether any written representation was received from the licensee; (c) responses to written representations, if any were received from the licensee; (d) the disciplinary measure or enforcement action being imposed, including the amount of any administrative penalty, if applicable; (e) the date, being not less than thirty days after the date of the penalty notice, by which any 16 Moneylenders administrative penalty shall be paid to the (f) that failure to comply with the disciplinary measure or enforcement action is an offence under regulation 24; and (g) the right to appeal under section 31F of the Act. (3) The administrative penalty imposed in a penalty notice shall not exceed the amount specified in the notice of intention given under regulation 19.