Paragraph 23 C1

United Kingdom

(1)

Where regulations made under this Part of this Act impose a requirement on any person, they may provide that if the person fails to comply with the requirement he shall be liable to a penalty of £250; but this is subject to sub-paragraphs (2) and (3) below.

(2)

Where by reason of any conduct—

(a)

a person is convicted of an offence (whether under this Part of this Act or otherwise), or

(b)

a person is assessed to a penalty under paragraph 18 above F1or a penalty for a deliberate inaccuracy under Schedule 24 to the Finance Act 2007 (penalties for errors) F2or a penalty under Schedule 41 to the Finance Act 2008 (penalties: failure to notify and certain VAT and excise wrongdoing),

that conduct shall not also give rise to liability to a penalty under the regulations.

(3)

Sub-paragraph (1) above does not apply to any failure mentioned in paragraph 22 above.

Annotations

Textual amendments

F1: Words in Sch. 5 para. 23(2) inserted (1.4.2009) by The Finance Act 2008, Schedule 40 (Appointed Day, Transitional Provisions and Consequential Amendments) Order 2009 (S.I. 2009/571), art. 1(1), Sch. 1 para. 19
F2: Words in Sch. 5 para. 23(2)(b) inserted (1.4.2010) by The Finance Act 2008 (Penalties for Errors and Failure to Notify etc) (Consequential Amendments) Order 2010 (S.I. 2010/530), art. 1, Sch. para. 6(b)

Modifications

C1: Sch. 5 para. 23 extended (19.3.1997) by 1997 c. 16, s. 50(1), Sch. 5 Pt. I para. 4(3)

Notes on Schedule 5

Modifications

C1: Sch. 5 extended (19.3.1997) by 1997 c. 16, s. 50(1), Sch. 5 Pt. I para. 4(3)