Regulation 3 Substitution of regulation 132 of the principal Regulations

For regulation 132 of the principal Regulations (breach of regulations)^f1, substitute—

“Breach of Regulations

132

(1)

Save as respects any requirement of the regulations contained in Case D of Part VIII of these Regulations (which deals with married women and widows) and regulation 47K of these Regulations (which provides for penalties in respect of incorrect and incomplete returns relating to a direct payment Class 1A contribution), if any person contravenes, or fails to comply with, any other requirement of these Regulations he may, for each contravention or failure, be liable to a penalty of £100.

(2)

A penalty referred to in paragraph (1) of this regulation may be imposed by the Inland Revenue within 6 years after the date of such contravention or failure.

(3)

Any penalty payable under this regulation shall be recoverable as if it were an earnings-related contribution, a Class 1A contribution, a Class 1B contribution or a Class 2 contribution, as the case may be, payable to the Inland Revenue.

(4)

The Inland Revenue may, in their discretion, remit any penalty imposed in accordance with the provisions of this regulation, or stay or compound any proceedings in respect of it.”.