11. Penalty in relation to SAF levy collections

If it appears to the Authority that —

the SAF levy collection agent —

has failed to collect any amount of SAF levy or interest, the collection of which the SAF levy collection agent is or was responsible for; or

has failed to pay to the Authority within the period mentioned in paragraph 10(1) any amount of SAF levy or interest collected by it; and

no satisfactory explanation is provided (within a period specified by the Authority) to the Authority with regard to the failure,the Authority may impose on the SAF levy collection agent a penalty equal to that amount.

To avoid doubt, this paragraph does not affect any liability arising under paragraph 10(2).

If it appears to the Authority that —

the SAF levy collection agent —

has failed to collect any amount of SAF levy or interest, the collection of which the SAF levy collection agent is or was responsible for; or

has failed to pay to the Authority within the period mentioned in paragraph 10(1) any amount of SAF levy or interest collected by it; and

no satisfactory explanation is provided (within a period specified by the Authority) to the Authority with regard to the failure,the Authority may impose on the SAF levy collection agent a penalty equal to that amount.

To avoid doubt, this paragraph does not affect any liability arising under paragraph 10(2).