Paragraph 7 I1 I2

(1)

Section 98C of TMA 1970 (penalties for failure to comply with duties under Part 7 of FA 2004) is amended as follows.

(2)

In subsection (2)—

(a)

in paragraph (d), for “312(1)” substitute “ 312(2) ”, and

(b)

after that paragraph (but before the “and”) insert—

“(da)
section 312A(2) (duty of client to notify parties of reference number),”.

(3)

In subsection (3)—

(a)

for “section 313(1)” substitute “ subsection (1) of section 313 ”, and

(b)

after “etc.)” insert “ or regulations under subsection (3) of that section ”.

(4)

In subsection (4), for “313(1)” (in both places) substitute “ subsection (1) of section 313 or regulations under subsection (3) of that section ”.

Annotations

I1: Sch. 38 para. 7 in force at 1.11.2008 for the purposes of the amendments made by that paragraph (but not for the purposes of Stamp Duty Land Tax) by S.I. 2008/1935, art. 2(1) (with art. 2(2))
I2: Sch. 38 para. 7 in force at 1.4.2010 for the purposes of Stamp Duty Land Tax by S.I. 2010/409, art. 2