# Finance (No. 2) Act 2017, Paragraph 1


A penalty is payable by a person who—
(a) has any relevant offshore tax non-compliance to correct at the end of the tax year 2016-17, and
(b) fails to correct the relevant offshore tax non-compliance within the period beginning with 6 April 2017 and ending with 30 September 2018 (referred to in this Schedule as “the RTC period”).

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Source: https://www.legislation.gov.uk/ukpga/2017/32/schedule/18/paragraph/1 (the official version)
Page: https://openlegislation.uk/finance-no-2-act-2017/schedule-18/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.