Regulation 68 Payments and interestI1

A F1liable producer who has received a notice of liability under regulation 67 F2or 67A must pay the disposal fee and the administration fee stated in the notice for the assessment year to the scheme administrator in quarterly instalments, or as otherwise specified in the notice of liability, by the date or dates specified in the notice of liability (the “due date”).

The scheme administrator may, if the notice of liability includes a statement in accordance with regulation 67(2)(g) F3or 67A(7), charge a F4liable producer interest at the rate stated in that notice on the amount of any disposal fees F5or administration fees which are not paid by the liable producer by the due date.

Any disposal fee F6, administration fee or interest which is owed to the scheme administrator under this regulation may be recovered as a debt due to the scheme administrator.

A liable producer contravenes this paragraph (and, accordingly, is liable to civil sanctions under regulation 121 and Schedule 13) if the producer fails to pay an amount specified in a notice of liability by 50 days after the due date.