{
  "url": "https://openlegislation.uk/local-audit-and-accountability-act-2014/schedule-1B/paragraph-3",
  "json_url": "https://openlegislation.uk/local-audit-and-accountability-act-2014/schedule-1B/paragraph-3.json",
  "legislation": "ukpga/2014/2",
  "legislation_title": "Local Audit and Accountability Act 2014",
  "legislation_url": "https://openlegislation.uk/local-audit-and-accountability-act-2014",
  "path": "schedule/1B/paragraph/3",
  "kind": "paragraph",
  "number": "3",
  "heading": "Financial penalties",
  "text": "(1) If the Local Audit Office considers that an external registration body has failed to comply with a requirement under—\n(a) this Act, or\n(b) an agreement under section 6B(5),\nthe Office may impose a financial penalty on the body.\n(2) A financial penalty is imposed by giving the body a written notice requiring the body to pay the Office a financial penalty of a sum specified in the notice.\n(3) Such a notice must—\n(a) explain the Office’s reasons for imposing the penalty, and\n(b) specify the time by which, and manner in which, the penalty must be paid.\n(4) An external registration body must, as soon as practicable after the end of a financial year, notify the Office of its total income in that year from fees charged under section 6A(5).\n(5) The amount of a penalty imposed on a body under this paragraph may not exceed 30% of the sum last notified by the body under sub-paragraph (4).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Schs. 1B-1D inserted (29.4.2026 for specified purposes) by English Devolution and Community Empowerment Act 2026 (c. 23), s. 108(1)(6), Sch. 35"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2014/2/schedule/1B/paragraph/3",
    "retrieved_at": "2026-10-29T09:07:55.780103+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."
}