{
  "url": "https://openlegislation.uk/finance-act-2014-schedule-34-prescribed-matters-regulations-2015/regulation-4",
  "json_url": "https://openlegislation.uk/finance-act-2014-schedule-34-prescribed-matters-regulations-2015/regulation-4.json",
  "legislation": "uksi/2015/131",
  "legislation_title": "The Finance Act 2014 (Schedule 34 Prescribed Matters) Regulations 2015",
  "legislation_url": "https://openlegislation.uk/finance-act-2014-schedule-34-prescribed-matters-regulations-2015",
  "path": "regulation/4",
  "kind": "regulation",
  "number": "4",
  "heading": "Prescribed penalty",
  "text": "A penalty is prescribed for the purposes of paragraph 8(1)(c) of Schedule 34 to the Finance Act 2014 where it is imposed by a professional body and results in one or more of the following in relation to a person—\n(a) a fine or financial penalty greater than £5,000;\n(b) a condition or restriction on, or attached to, a certificate or licence required to practice under the professional body;\n(c) suspension, withdrawal or non-renewal of a certificate or licence required to practice under the professional body;\n(d) suspension, expulsion or exclusion from membership of the professional body, however described (including removal from a membership register, striking off), whether temporary or permanent.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2015/131/regulation/4",
    "retrieved_at": "2026-10-28T23:49:00.353545+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}