Regulation 7 Time limits for demands for penalties

A demand notice may not be given in relation to a penalty under regulation 3 more than 3 years after the conduct giving rise to the penalty ceased.

A demand notice may not be given more than 2 years after there has come to the knowledge of F1HMRC evidence of facts sufficient in the opinion of HMRC to justify the giving of the demand notice.

A demand notice may be given in respect of a penalty under regulation 3 to which a person was liable immediately before his death.