# Finance Act 2009, Paragraph 4


(1) This paragraph applies if a senior accounting officer fails to comply with paragraph 1 at any time in a financial year.
(2) The senior accounting officer is liable to a penalty of £5,000.
(3) A person is not liable to more than one penalty under this paragraph in respect of the same company and the same financial year.

---
Source: https://www.legislation.gov.uk/ukpga/2009/10/schedule/46/paragraph/4 (the official version)
Page: https://openlegislation.uk/finance-act-2009/schedule-46/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.