[77B Escalating penalty notices]
Pensions Act 2004 (2004 c 35) | Legislation

[77B  Escalating penalty notices]

[(1)     The Regulator may issue an escalating penalty notice to a person if it considers that the person has failed to comply with a notice under section 72 or 72A.

(2)     But the Regulator may not issue an escalating penalty notice to a person if—

(a)     the person has exercised the right of referral to a tribunal under section 44 of the Pensions Act 2008 (as applied by section 77A(5)) in respect of a fixed penalty notice issued under section 77A in relation to that notice under section 72 or 72A, and

(b)     the reference has

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