# Finance Act 2011, Section 85: Security for payment of PAYE


(1) Section 684 of ITEPA 2003 (PAYE regulations) is amended as follows.
(2) In subsection (2), after item 4A insert—
“
4B Provision for and in connection with requiring the giving, in specified circumstances, of security (or further security) for the payment of amounts in respect of which a person is or may be accountable to the Commissioners under the regulations.”
(3) After subsection (4) insert—
“(4A) A person who fails to comply with a requirement imposed under PAYE regulations to give security, or further security, for the payment of any amount commits an offence if the failure continues for such period as is specified; and a person guilty of an offence under this subsection is liable on summary conviction to a fine not exceeding level 5 on the standard scale.”

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Source: https://www.legislation.gov.uk/ukpga/2011/11/section/85 (the official version)
Page: https://openlegislation.uk/finance-act-2011/section-85
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.