Paragraph 16 I1

After Part 3 insert—

“Part 3A

Conduct notices

Giving of conduct notice

25B

(1)

This paragraph applies if HMRC determine that a person is engaging in or has engaged in sanctionable conduct.

(2)

An authorised officer (or an officer of Revenue and Customs with the approval of an authorised officer) may notify the person of the determination.

(3)

The notice must state the grounds on which the determination was made.

(4)

For the effect of notifying the person, see paragraph 29(2).

(5)

A notice under this paragraph is referred to as a “conduct notice”.

Withdrawal of conduct notice

25C

(1)

An officer of Revenue and Customs may withdraw a conduct notice at any time.

(2)

If they do so, they must notify the person of the withdrawal.

(3)

A conduct notice given to a person is to be treated as withdrawn at the applicable deadline if HMRC have not, before such deadline, assessed the person to a penalty under Part 4 in respect of the conduct forming the subject of the notice.

(4)

In this paragraph “the applicable deadline” has the same meaning as in paragraph 30(3) (assessment of penalties).”