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Article 12 Payment of penalties etc to the Scottish MinistersI1

Scotland

Where, by virtue of this Order, SEPA receive any sum in respect of—

(a)

a fixed monetary penalty, a variable monetary penalty or a non-compliance penalty; or

(b)

any interest or other financial penalty for late payment of such a penalty,

SEPA must pay it to the Scottish Ministers.

Annotations

Commencement

I1

Art. 12 in force at 12.11.2015, see art. 1