# The Tax Avoidance Schemes (Penalty) Regulations 2007, Regulation 3: Increased penalty following the making of an order under section 306A of FA 2004


Where a penalty is imposed under section 98C(1) of TMA 1970 following the making of an order under section 306A of FA 2004, the amount specified in section 98C(1)(b) of TMA 1970 (daily penalty) is increased to £5,000.

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Source: https://www.legislation.gov.uk/ukdsi/2007/9780110782218/regulation/3 (the official version)
Page: https://openlegislation.uk/draft-tax-avoidance-schemes-penalty-regulations-2007/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.