Regulation 3 Calculation of penalty charge
The amount of the penalty charge shall be whichever is the smaller of—
(a)
£100, and
(b)
the amount referred to in section 122B(1)(a) or (b) of the Act multiplied by 5.
The amount of the penalty charge shall be whichever is the smaller of—
£100, and
the amount referred to in section 122B(1)(a) or (b) of the Act multiplied by 5.