A licensing authority may, in accordance with its licensing rules, impose on a licensed body, or a manager or employee of a licensed body, a penalty of such amount as it considers appropriate.
The amount must not exceed the maximum amount prescribed under subsection (3).
The Board must make rules prescribing the maximum amount of a penalty which may be imposed under this section.
Rules may be made under subsection (3) only with the consent of the Lord Chancellor.
A penalty under this section is payable to the licensing authority.
For the purposes of this section—
(whether or not the body subsequently ceased to be a licensed body or the person subsequently ceased to be a manager or employee).
In sections 96 and 97 references to a "penalty" are to a penalty under this section.