Section 210 Penalties for an incorrect declaration

United Kingdom

(1)

A person who makes a declaration under section 209 (2) and carelessly or deliberately includes any incorrect information in the declaration is liable to a penalty not exceeding £10,000.

(2)

Where—

(a)

a person (“A”) provides a declaration under a provision listed in section 209 (5) which is made under section 209 (2) by another person,

(b)

the declaration includes incorrect information, and

(c)

A knew, or could reasonably have been expected to have known, that the information was incorrect,

A is liable to a penalty not exceeding £10,000.

(3)

For the purposes of subsection (1), incorrect information is included in a declaration carelessly if the person who makes the declaration has failed to take reasonable care to verify the information before including it.