# The Office of Qualifications and Examinations Regulation (Determination of Turnover for Monetary Penalties) Order 2012, Article 2: Interpretation


In this Order—
“the Act” means the Apprenticeships, Skills, Children and Learning Act 2009;
“business year” means a period of more than six months in respect of which a recognised body publishes accounts or, if no such accounts have been published for the period, prepares accounts;
“date of the notice” means the date on which Ofqual gives notice to a recognised body under section 151A(4) of the Act of its intention to impose a monetary penalty on the recognised body.

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Source: https://www.legislation.gov.uk/ukdsi/2012/9780111524398/article/2 (the official version)
Page: https://openlegislation.uk/draft-office-of-qualifications-and-examinations-regulation-determination-of-turnover-for-monetary-penalties-order-2012/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.