444Where employer fails to provide accurate information about rateable remuneration

444 Where employer fails to provide accurate information about rateable remuneration (a) an employer does not comply with section 439, 441 or 443; or (b) an employer gives an incorrect statement under section 441; or (c) the amount specified in a certified statement of rateable remuneration under section 442(1) or estimated under section 442(3) is more than 20 per cent, or such other percentage as is prescribed, higher than the previous estimate of rateable remuneration (if any) provided by the employer— the employer is, if the Authority gives the employer a notice of penalty, liable to pay, in addition to the difference between the premium that ought to have been payable by the employer and the premium calculated on the basis of the employer's remuneration previously estimated or certified, as the case requires, a default penalty of an amount equal to that difference. (2) A default penalty under subsection (1) is due and payable within 28 days after the notice of penalty. (3) The Authority may remit the whole or a part of a default penalty imposed under this section.