# Finance (No. 2) Act 2017, Paragraph 10


(1) In this Schedule “the maximum amount” means £10,000.
(2) If it appears to the Treasury that there has been a change in the value of money since the last relevant date, they may by regulations substitute for the sum for the time being specified in sub-paragraph (1) such other sum as appears to them to be justified by the change.
(3) In sub-paragraph (2), “relevant date” means—
(a) the date on which this Act is passed, and
(b) each date on which the power conferred by that sub-paragraph has been exercised.
(4) Regulations under this paragraph do not apply to any contravention which occurs wholly before the date on which they come into force.

---
Source: https://www.legislation.gov.uk/ukpga/2017/32/schedule/13/paragraph/10 (the official version)
Page: https://openlegislation.uk/finance-no-2-act-2017/schedule-13/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.