# The Tax Avoidance Schemes (Information) (Amendment) (No. 2) Regulations 2007, Regulation 3: Amendment of the Tax Avoidance Schemes (Information) Regulations 2004


After regulation 8A insert—
“Higher rate of penalty following a failure to comply with an order under section 314A
8B. For the purposes of section 98C(2B) of the Taxes Management Act 1970 (higher rate of penalty after the making of an order under section 314A) the prescribed period is 10 days beginning with the date on which the order is made.”.

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Source: https://www.legislation.gov.uk/uksi/2007/3103/regulation/3 (the official version)
Page: https://openlegislation.uk/tax-avoidance-schemes-information-amendment-no-2-regulations-2007/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.