{
  "url": "https://openlegislation.uk/finance-no-2-act-2023/schedule-10/paragraph-10",
  "json_url": "https://openlegislation.uk/finance-no-2-act-2023/schedule-10/paragraph-10.json",
  "legislation": "ukpga/2023/30",
  "legislation_title": "Finance (No. 2) Act 2023",
  "legislation_url": "https://openlegislation.uk/finance-no-2-act-2023",
  "path": "schedule/10/paragraph/10",
  "kind": "paragraph",
  "number": "10",
  "heading": "The maximum amount",
  "text": "(1) In this Schedule, “the maximum amount” means £10,000.\n(2) If it appears to the Treasury that there has been a change in the value of money since the last relevant date, the Treasury 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.\n(3) In sub-paragraph (2), “relevant date” means—\n(a) the date on which the Finance (No. 2) Act 2023 is passed, and\n(b) each date on which the power conferred by that sub-paragraph has been exercised.\n(4) Regulations under this paragraph do not apply to any contravention which occurred before the date on which they come into force.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 10 para. 10 in force at Royal Assent for specified purposes, see s. 120(1)(b)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "Sch. 10 para. 10 in force at 1.8.2023 in so far as not already in force by S.I. 2023/884, reg. 2(1)(e) (with reg. 10)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2023/30/schedule/10/paragraph/10",
    "retrieved_at": "2026-10-29T08:52:11.242356+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}