# Finance Act 2010, Paragraph 11


(1) Paragraph 6 (amount of penalty if failure continues more than 12 months) is amended as follows.
(2) In sub-paragraph (3)(a), for “100%” substitute “ the relevant percentage ”.
(3) After sub-paragraph (3) insert—
“(3A) For the purposes of sub-paragraph (3)(a), the relevant percentage is—
(a) for the withholding of category 1 information, 100%,
(b) for the withholding of category 2 information, 150%, and
(c) for the withholding of category 3 information, 200%.”
(4) In sub-paragraph (4)(a), for “70%” substitute “ the relevant percentage ”.
(5) After sub-paragraph (4) insert—
“(4A) For the purposes of sub-paragraph (4)(a), the relevant percentage is—
(a) for the withholding of category 1 information, 70%,
(b) for the withholding of category 2 information, 105%, and
(c) for the withholding of category 3 information, 140%.”
(6) After sub-paragraph (5) insert—
“(6) Paragraph 6A explains the 3 categories of information.”

---
Source: https://www.legislation.gov.uk/ukpga/2010/13/schedule/10/paragraph/11 (the official version)
Page: https://openlegislation.uk/finance-act-2010/schedule-10/paragraph-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.