Part 3: Enforcement of consumer protection law Chapter 5: Monetary penalties: general provision Section 207: Monetary penalties: further provision
Subsection (1) provides for interest at the statutory rate (as specified in section 17 of the Judgments Act 1838) to be incurred on the unpaid balance if a penalty imposed by the court or the CMA is not paid by its deadline.
	Where a person applies to change the date or dates by which the penalty, or different portions of it, are to be paid, the payment(s) cannot be required from the person before the application is dealt with (subsection (2)).
	Where a person applies to appeal the penalty, its payment cannot be required from the person before the application is dealt with (subsection (3)).
	Subsection (4) enables the court to require immediate payment of outstanding penalties. Subsection (5) enables the CMA to do the same.
	If a penalty is varied by the court on appeal from a CMA final notice, the appeal court can decide when interest on the substituted penalty can be charged from (subsection (6)).
	Subsection (7) deals with the payment of monetary penalties by entities that are not a body corporate, for example partnerships or unincorporated associations. Such penalties are to be paid out of the assets or funds of the entity.
	Receipts from the courts’ or the CMA’s exercise of the power to impose monetary penalties will be paid into the relevant Consolidated Fund (subsection (8)).