{
  "url": "https://openlegislation.uk/draft-pensions-dashboards-regulations-2022/regulation-31",
  "json_url": "https://openlegislation.uk/draft-pensions-dashboards-regulations-2022/regulation-31.json",
  "legislation": "ukdsi/2022/9780348239645",
  "legislation_title": "The Pensions Dashboards Regulations 2022",
  "legislation_url": "https://openlegislation.uk/draft-pensions-dashboards-regulations-2022",
  "path": "regulation/31",
  "kind": "regulation",
  "number": "31",
  "heading": "Penalty notices",
  "text": "(1) A penalty notice is a notice requiring the person to whom it is issued to pay a penalty within the period specified in the notice.\n(2) Subject to regulation 33(1) and (3)(b), the Regulator may issue a penalty notice to—\n(a) any trustee or manager of a pension scheme where the Regulator is of the opinion that the trustee or manager has—\n(i) failed to comply with a compliance notice under regulation 29, or\n(ii) contravened a provision under Part 3;\n(b) a third party where the Regulator is of the opinion that the third party failed to comply with a third party compliance notice under regulation 30.\n(3) The amount of the penalty is to be determined by the Regulator, but in respect of a failure or contravention must not exceed—\n(a) £5,000 if the person is an individual, or\n(b) £50,000 if the person is a body corporate (including corporate trustees), a Scottish partnership, or any other person who is not an individual.\n(4) A penalty notice must—\n(a) state the amount of the penalty;\n(b) state the date by which the penalty must be paid, which must be at least 4 weeks after the date on which the penalty notice is issued;\n(c) state the period (if any) to which the penalty relates;\n(d) if the penalty notice is issued under paragraph 2(a)(i) or (2)(b), specify the failure to which the penalty notice relates;\n(e) if the notice is issued under paragraph 2(a)(ii), specify the provision which has been contravened;\n(f) notify the person to whom the notice is issued of the review process under regulation 34 and the right of referral to a tribunal under regulation 35.\n(5) Where the Regulator may issue more than one penalty notice to a person because there has been—\n(a) more than one failure to comply with the same compliance notice, or\n(b) more than one contravention of a provision under Part 3 (whether more than one contravention of the same provision or contraventions of different provisions),\nthe penalty notices may be issued in a single document.\n(6) If a single document is issued as mentioned in paragraph (5), the information required by paragraph (4) may be provided in the document by reference to more than one penalty.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2022/9780348239645/regulation/31",
    "retrieved_at": "2026-10-30T14:44:48.443534+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}