OpenLegislation

Paragraph 18 I1I2I3

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

The Commissioners for HMRC may by regulations—

(a)

amend paragraph 5(9) so as to increase or reduce the maximum number of penalty points for a group of returns;

(b)

amend paragraph 8(4) so as to increase or reduce the number of months;

(c)

amend paragraph 8(5) so as to increase or reduce the number of months;

(d)

amend paragraph 15(4) so as to increase or reduce the amount of the penalty.

(2)

Regulations under sub-paragraph (1)(a) may also amend column 3 of the table in paragraph 10.

(3)

Regulations under this paragraph—

(a)

are to be made by statutory instrument;

(b)

may include transitional, transitory and saving provision.

(4)

A statutory instrument containing regulations under this paragraph may not be made unless a draft of the instrument has been laid before, and approved by a resolution of, the House of Commons.

Annotations

Commencement

I1

Sch. 24 para. 18 in force at 1.1.2023 for specified purposes by S.I. 2022/1278, reg. 2(1)

I2

Sch. 24 para. 18 in force at 6.4.2024 for specified purposes by S.I. 2024/440, reg. 2(1)

I3

Sch. 24 para. 18 in force at 1.4.2026 for specified purposes by S.I. 2026/370, reg. 3(1)