321. Breach of regulations.

Regulations1 made by virtue of any provision of Part I of the Pensions Act 19952 may provide for the contravention3 of any provision contained in any such regulations to be an offence under that Part and for the recovery on summary conviction for any such offence of a fine not exceeding level 5 on the standard scale4. An offence under any provision of the regulations may be charged by reference to any day or longer period of time; and a person may be convicted of a second or subsequent offence under such a provision by reference to any period