Payments to Central Bank

(1) An administrative penalty payable to the Central Bank shall be due within one month from the date the notice of the administrative penalty was given. (2) The Central Bank may prescribe that a payment due pursuant to sub-section (1) that is not paid by the date it is due shall be subject to interest from the date due at a rate not exceeding twelve per cent per annum. (3) The Central Bank shall not impose an administrative penalty on an operator or payment service provider if the licence of that operator or payment service provider is revoked.