Schedules Schedule 3: Monetary penalties: procedure, appeals and recovery
This Schedule sets out the process that must be followed by the OfS in the event that it imposes a monetary penalty on a registered higher education provider.
	The OfS must notify the provider before imposing the penalty of the amount of the penalty, why it is being imposed and of a timescale (not less than 28 days) in which the provider may make representations to the OfS.
	The OfS is obliged to consider any such representations before making a final decision to impose any monetary penalty.
	The OfS must inform the provider of its decision. In the event that a monetary penalty is imposed, the OfS must inform the provider of the amount of the penalty, the grounds for its imposition and how to pay or appeal against it.
	A provider may appeal to the First-tier Tribunal against a penalty on the grounds set out in paragraph 3(2) of this Schedule. The remedies available if the appeal is successful are set out in paragraph 3(3).
	This Schedule also sets out the consequences of late payment of a penalty and the circumstances in which the requirement to pay the penalty is suspended. Penalties recovered by the OfS and any interest must be paid to the Secretary of State.