Part 4 PENALTYF1 Not yet in force 14Penalty for failure to register 15Reasonable excuse 16Assessment of penalties 17Enforcement of penalties Annotations Textual amendments F1 Regulations revoked (31.12.2020) by The Value Added Tax (Miscellaneous and Transitional Provisions, Amendment and Revocation) (EU Exit) Regulations 2020 (S.I. 2020/1495), regs. 1(2), 26(a); S.I. 2020/1641, reg. 2, Sch. Part 4