Calculation of penalties for charges in arrears
3.  Where —
(a)a charge payable by any tenant or owner to the Town Council, in respect of a property described in the Schedule, is in arrears; and
(b)the aggregate of the tenant’s or owner’s charges in arrears in respect of that property equals or exceeds the monthly charges payable in respect of that property,
the tenant or owner is liable to pay for every month in which the aggregate of the charges in arrears equals or exceeds the monthly charges payable, a penalty at the appropriate rate set out in the Schedule.