Article 10 Article 64A inserted

After article 64 insert—

“Failure to comply with notice to return allowances

64A.

(1)

A person is liable to a civil penalty where the person fails to comply (or to comply on time) with the requirements of a notice (the “notice to return allowances”) given under article 34V.

(2)

The civil penalty is—

(a)

£20,000; and

(b)

a daily penalty at a daily rate of £1,000 for each day that the person fails to comply with the requirements of the notice to return allowances, beginning with the day on which the initial notice is given.”.