Section 17 Fixed penalty notice for failure to comply with request for information etcC1C2C3C4F3I1I2I3

a notice issued under section 72 of the Pensions Act 2004 (provision of information to Regulator on request), so far as relevant to the exercise of any of the Regulator's functions under or by virtue of this Part F2, or

a notice issued under section 72A of that Act (interviews), so far as relevant to the exercise of any of the Regulator's functions under or by virtue of this Part

is to be determined in accordance with regulations made by the Secretary of State, and

must not exceed £50,000.

state the amount of the penalty;

state the date, which must be at least 28 days after the date on which the notice is issued, by which the penalty must be paid;

state the period to which the penalty relates;

specify the failure to which the penalty relates;

notify the person to whom the notice is issued of the review process under section 43 of the Pensions Act 2008 and the right of referral to a tribunal under section 44 of that Act (as applied by subsection (5)).

section 42 (penalty notices: recovery);

section 43 (review of penalty notices);

section 44 (references to First-tier Tribunal or Upper Tribunal).