# Education (Student Loans) (Repayment) Regulations 2000, Regulation 51: Penalties


(1) Where in the case of any employee an employer fraudulently or negligently–
(a) makes incorrect deductions, or
(b) makes or receives incorrect payments in a year of assessment
in pursuance of this Part he shall be liable to a penalty not exceeding £3,000 for each employee in respect of whom incorrect deductions or payments are made.
(2) A penalty under paragraph (1) shall not be imposed before the end of the year of assessment in question; and no more than one such penalty may be imposed by reference to any one employee in relation to any year of assessment.

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Source: https://www.legislation.gov.uk/ukdsi/2000/0110988612/regulation/51 (the official version)
Page: https://openlegislation.uk/draft-education-student-loans-repayment-regulations-2000/regulation-51
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.