Payment of penalty — notice of violation

(1) If, within 30 days after the day on which they were served with a notice of violation, the person or entity named in the notice pays, in the manner specified in the notice, the amount of the administrative monetary penalty set out in the notice, 

(a) they are deemed to have committed the violation in respect of which the amount is paid;

(b) the Commissioner shall accept that amount as complete satisfaction of the penalty in respect of the violation; and

(c) the proceedings commenced in respect of the violation are ended.