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Article 66 Failure to comply with information notice

Original text. Later amendments are not shown.

(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 “information notice”) given under article 75.

(2)

The civil penalty is—

(a)

£5,000; and

(b)

a daily penalty at a daily rate of £500 for each day that the person fails to comply with the requirements of the information notice, beginning with the day on which the initial notice is given, up to a maximum of £45,000.