# The Postal Services Act 2011 (Penalties) (Rules for Calculation of Turnover) Order 2012, Note: Explanatory note


(This note is not part of the Order)
This Order sets out rules governing the way in which the turnover of a person on whom OFCOM imposes a penalty under Schedule 7 to the Postal Services Act 2011 should be calculated.
A penalty may be imposed on a person to whom OFCOM has given a notification under paragraph 2, (contravention of a regulatory requirement), or an enforcement notification under paragraph 5(2) (contravention of a requirement in a notification under paragraph 2), of Schedule 7.
Where OFCOM determines under Schedule 7 that a person is in contravention of a requirement of a notification, it may impose on that person a penalty of up to 10 per cent of the turnover of the person’s postal services business, calculated in accordance with the rules specified in this Order.

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Source: https://www.legislation.gov.uk/ukdsi/2012/9780111520239/note (the official version)
Page: https://openlegislation.uk/draft-postal-services-act-2011-penalties-rules-for-calculation-of-turnover-order-2012/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

