Paragraph 49 I1
The making of an order under paragraph 4 or 5 against P does not of itself mean that P either did or did not have a reasonable excuse for non- compliance before the order was made.
Where an order is made under paragraph 4 or 5 then for the purposes of paragraph 48—
the person identified in the order as the promoter of the proposal or arrangements cannot, in respect of any time after the end of the F1period mentioned in paragraph 39(2)(b), rely on doubt as to notifiability as a reasonable excuse for failure to comply with paragraph 11(1) or 12(1), and
any delay in compliance with that provision after the end of that period is not capable of being a reasonable excuse unless attributable to something other than doubt as to notifiability.
Annotations
Textual amendments
- F1
Words in Sch. 17 para. 49(2)(a) substituted (18.3.2026) by Finance Act 2026 (c. 11), s. 216(3)(f) (with s. 219)
Commencement
- I1
Sch. 17 para. 49 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)
Notes on Schedule 17
Modifications
- C1
Sch. 17 modified (17.12.2020 for specified purposes, 31.12.2020 in so far as not already in force) by 1994 c. 23, Sch. 9ZA para. 80 (as inserted by Taxation (Post-transition Period) Act 2020 (c. 26), s. 11(1)(e), Sch. 2 para. 2 (with s. 3(4), Sch. 2 para. 7(7)-(10)); S.I. 2020/1642, reg. 9)