# Oil Taxation Act 1975, Paragraph 6

Extent: E+W+S+N.I.

(1) If the responsible person fails to deliver a return within the time allowed for doing so under paragraph 5(1) above he shall be liable—
(a) to a penalty not exceeding £500, and
(b) if the failure continues after it has been declared by the court or the tribunal before which proceedings for the penalty have been commenced, to a further penalty not exceeding £100 for each day on which the failure so continues.
(2) The responsible person shall not be liable to any penalty incurred under sub-paragraph (1) above for failure to deliver a return if the failure is remedied before proceedings for the recovery of the penalty are commenced.

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Source: https://www.legislation.gov.uk/ukpga/1975/22/schedule/2/paragraph/6 (the official version)
Page: https://openlegislation.uk/oil-taxation-act-1975/schedule-2/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.