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(1) In section 115A of the Social Security Administration Act 1992 (penalty as alternative to prosecution), for subsection (3) there is substituted—
“(3) The amount of the penalty in a case falling within subsection (1) is 50% of the amount of the overpayment (rounded down to the nearest whole penny), subject to—
(a) a minimum amount of £350, and
(b) a maximum amount of £2000.
(3A) The amount of the penalty in a case falling within subsection (1A) is £350.
(3B) The Secretary of State may by order amend—
(a) the percentage for the time being specified in subsection (3);
(b) any figure for the time being specified in subsection (3)(a) or (b) or (3A).”
(2) In section 190 of that Act (parliamentary control of orders and regulations), in subsection (1), before paragraph (za) there is inserted—
“(zza) an order under section 115A(3B);”.
To be appointed: see s 150(3).