# Finance Act 2000, Paragraph 107


(1) This paragraph applies where an assessment is made under paragraph 106 to an amount of a civil penalty to which any person is liable—
(a) under paragraph 124(3) (failure to provide information); or
(b) under paragraph 127(4) (failure to produce a document).
(2) The notice of assessment shall specify a time, not later than the end of the day of the giving of the notice of assessment, to which the amount of any daily penalty is calculated.
(3) For the purposes of sub-paragraph (2) “daily penalty” means—
(a) in a case within sub-paragraph (1)(a), a penalty imposed by virtue of paragraph 124(3)(b); and
(b) in a case within sub-paragraph (1)(b), a penalty imposed by virtue of paragraph 127(4)(b).
(4) If further penalties accrue in respect of a continuing failure after that date to provide the information or, as the case may be, produce the document, a further assessment or further assessments may be made under paragraph 106 in respect of the amounts so accruing.
(5) Where—
(a) an assessment to a civil penalty is made specifying a date for the purposes of sub-paragraph (2), and
(b) the failure in question is remedied within such period as may for the purposes of this sub-paragraph have been notified by the Commissioners to the person liable for the penalty,
the failure shall be deemed for the purposes of any further liability to civil penalties to have been remedied on the specified date.

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Source: https://www.legislation.gov.uk/ukpga/2000/17/schedule/6/paragraph/107 (the official version)
Page: https://openlegislation.uk/finance-act-2000/schedule-6/paragraph-107
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.