30Late payment penalty and refunds

30 Late payment penalty and refunds

30 Late payment penalty and refunds

(1) If the following amounts are not paid by the due date, the amount payable is increased at the late payment standard rate—

(a) an administrative fee, including an additional amount payable under section 27 or 28,

(b) an additional amount payable under section 20(3)(b)(ii).

(2) The increased amount is prescribed as a penalty for the Act, section 57(4).

(3) The EPA may refund, or waive the payment of, all or a part of the increased amount as follows—

(a) if the EPA considers it is appropriate to do so,

(b) considering the administrative costs incurred by the EPA in connection with the licence.