41. Statement of policy

{a} the imposition of penalties under section 39; and

{b/ the amount of penalties under this section.

{a}

the seriousness of the misconduct in question in relation to the nature of the principle or requirement concerned;

{b/ the extent to which that misconduct was deliberate or reckless; and

{c} whether the person on whom the penalty is to be imposed is an individual.

Authority must issue the altered or replaced statement.

{6)

The Authority may charge a reasonable fee for providing a person with a copy of the statement.

in the case of any particular misconduct, the Authority must have regard to any statement of policy published under this section and in force at the time when the misconduct in question occurred.