# Finance Act 2008, Paragraph 51B


(1) A person who breaches a requirement imposed under paragraph 51A (not to disclose a notice or anything relating to it) is liable to a penalty of £1,000.
(2) If a person becomes liable for a penalty under sub-paragraph (1)—
(a) HMRC may assess the penalty, and
(b) if they do so, they must notify the person.
(3) The assessment must be made within the period of 12 months beginning with the date on which the breach of the requirement first came to the attention of an officer of Revenue and Customs.
(4) Paragraph 41 applies in relation to the sum specified in sub-paragraph (1) above as it applies in relation to the sums mentioned in paragraph 41(1) but as if—
(a) the reference in paragraph 41(2)(a) to this Act were to FA 2021, and
(b) paragraph 41(3) prevented the regulations from applying to any breach committed before the date on which the regulations come into force.

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Source: https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/51B (the official version)
Page: https://openlegislation.uk/finance-act-2008/schedule-36/paragraph-51B
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.