VCP10944 - Calculation and notification of the penalty: Penalty rates

»Ê¹ÚÌåÓýapp penalty is applied on a daily rate basis and the penalty rate increases with each further default.

First default attracts a penalty of £5 per day.

Second default attracts a penalty of £10 per day.

Third and subsequent defaults attract a penalty of £15 per day.

»Ê¹ÚÌåÓýapp penalty can be applied for a maximum of 100 days.

»Ê¹ÚÌåÓýappre is a minimum penalty of £50.
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