Section 42 — Pensions Act 2008: Penalty notices: recovery

Penalty notices: recovery 42 1 Any penalty payable under section 40 or section 41 is recoverable by the Regulator.

2 In England and Wales, any such penalty is, if the county court so orders, recoverable under section 85 of the County Courts Act 1984 (c. 28) or otherwise as if it were payable under an order of that court.

3 In Scotland, a fixed penalty notice or escalating penalty notice is enforceable as if it were an extract registered decree arbitral bearing a warrant for execution issued by the sheriff court of any sheriffdom in Scotland.

4 The Regulator must pay into the Consolidated Fund any penalty recovered under this section.