Regulation 7 Condition A

Condition A is that the qualifying transformer vehicle is liable to a penalty in relation to the accounting period under—

(a)

paragraph 17 of Schedule 18 to FA 1998 (failure to deliver return: flat-rate penalty)^f1 where the penalty has been increased under sub-paragraph (3) of that paragraph, or

(b)

Schedule 24 to FA 2007 (penalty for errors)^f2 where the inaccuracy in the document to which the penalty relates was deliberate within the meaning of paragraph 3(1)(b) or (c) (degrees of culpability)^f3 of that Schedule.

Annotations

Footnotes

f1: 1998 c. 36.
f2: 2007 c. 11.
f3: Paragraph 3(1) was amended by paragraphs 1 and 5 of Schedule 40 to the Finance Act 2008 (c. 9).