# Finance Act 2014, Section 173: Offence of failing to provide security or appoint representative


(1) A person who is, or is required to be, registered under section 164 is guilty of an offence if the person—
(a) is required to give security or further security by a notice under section 170 and does not comply with that requirement, or
(b) is required to appoint a representative by a notice under section 171 and does not comply with that requirement.
(2) A person guilty of an offence under this section is liable, on summary conviction, to—
(a) in England and Wales, a fine, or
(b) in Scotland or Northern Ireland, a fine not exceeding level 5 on the standard scale.
(3) The reference in subsection (2)(a) to a fine is to be read as a reference to a fine not exceeding level 5 on the standard scale in relation to an offence committed before section 85(1) of the Legal Aid, Sentencing and Punishment of Offenders Act 2012 comes into force.

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Source: https://www.legislation.gov.uk/ukpga/2014/26/section/173 (the official version)
Page: https://openlegislation.uk/finance-act-2014/section-173
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.