114 Appeals in relation to penalties

114  Appeals in relation to penalties

(1)     This section applies if a person on whom a penalty is imposed under section 110(1) or (3) [(1A)] is aggrieved by—

(a)     the imposition or nature of the penalty;

(b)     the amount or amounts of the penalty; or

(c)     the date by which the penalty is required to be paid or (as the case may be) the different dates by which portions of the penalty are required to be paid.

(2)     The person aggrieved may apply to the Competition Appeal Tribunal.

(3)     If a copy of the notice under section 112(1) was served on the person on whom the penalty was imposed, the application to the Competition Appeal Tribunal shall, subject to subsection (4), be made within—

(a)     the period of 28 days starting with the day on which the copy was served on the person concerned; or

(b)     such other period as the Secretary of State may by order specify.

(4)     If the application relates to a decision of the

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