Paragraph 5 The discounted amountF1
A discounted amount is payable instead of the amount prescribed under paragraph 4(1) if payment is made before the end of the period of F229 days beginning with the day on which the notice is given.
The discounted amount for a fixed penalty offence is such amount, not exceeding 25 per cent. of the maximum fine for the offence, as may be prescribed.
If the last day of the period specified in sub-paragraph (1) does not fall on a working day, the period for payment of the discounted amount is extended until the end of the next working day.
Annotations
Textual amendments
- F1
Sch. 4B inserted (29.6.2007 for E. for specified purposes, 26.11.2007 for W. for specified purposes, 12.5.2008 for E.W. in so far as not already in force) by Traffic Management Act 2004 (c. 18), ss. 41(3), 99(1), Sch. 3; S.I. 2007/1890, art. 2, Sch. (with art. 3); S.I. 2007/3174, art. 2, Sch. (with art. 3)
- F2
Word in Sch. 4B para. 5(1) substituted (E.) (12.5.2008) by The Street Works (Fixed Penalty) (England) Regulations 2007 (S.I. 2007/1952), regs. 1(1), 8(3); and word in Sch. 4B para. 5(1) substituted (W.) (12.5.2008) by The Street Works (Fixed Penalty) (Wales) Regulations 2008 (S.I. 2008/102), regs. 1, 8(3)
Notes on Schedule 4B
Modifications
- C1
Sch. 4B: power to apply conferred (1.12.2007 for E., 31.3.2008 for W.) by Traffic Management Act 2004 (c. 18), ss. 37(6), 99(1) (with ss. 37(14), 38); S.I. 2007/3174, art. 2, Sch.; S.I. 2007/3184, art. 2