# Finance Act 2022, Paragraph 7: Daily default penalties

Extent: E+W+S+N.I.

(1) This paragraph applies if—
(a) a person (“P”) is assessed to a penalty under paragraph 6 in respect of an electronic sales suppression tool, and
(b) after being notified of the assessment (see paragraph 11(1)(b)), P continues to be in possession of, or otherwise have access to, the tool.
(2) P is liable to a further penalty of an amount not exceeding £75 for each subsequent day on which P continues to be in possession of, or otherwise have access to, the tool.
(3) The total amount of the penalties to which a person may be liable under this paragraph may not exceed £50,000.

---
Source: https://www.legislation.gov.uk/ukpga/2022/3/schedule/14/paragraph/7 (the official version)
Page: https://openlegislation.uk/finance-act-2022/schedule-14/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.