Olympic Games Lanes

The games lanes are civil contraventions the same as parking tickets and are dealt with in the same way its not a criminal offence or fine its a 'penalty charge' and as such a cyclist cannot be given one as there is no legislation to do so.

You very much be given a Penalty Charge as a cyclist, for such offences as:

The list of *fixed penalty offences *includes (note that this isn’t a full list, just some interesting bits):

[]Cycling on a footpath (HA 1835 s.72)
[]Disobeying traffic lights and signs (RTA s. 36)
[]Disobeying directions from police or traffic officers (including directions to stop) (RTA ss. 35, 163(2))
[]Carrying more than one person on a bike on a road (unless the bike is specially adapted for the purpose). Giving “lifts” in this way is an offence for both the person riding and the person being carried, and it seems that both can be given a fixed penalty notice. (RTA s. 24)
[]Breach of the rules relating to pedestrian crossings (for examples, see my previous post). (RTRA s. 25(5))
[]Breach of the rules about lights and reflectors (RTA s.42; RVLR r. 18(1), Sch 1 table 3)
[*]Leaving your bike in a dangerous position on the road (RTA s. 22)

from http://ukcyclerules.com/2010/09/10/when-can-you-be-given-a-fixed-penalty-notice/