5(1)Paragraph 50 (tax-related penalty) is amended as follows.U.K.
(2)In sub-paragraph (1)(d), omit “(within the meaning of paragraph 46)”.
(3)After sub-paragraph (6) insert—
“(7)In sub-paragraph (1)(d) “the relevant date” means—
(a)in a case involving an information notice against which a person may appeal, the latest of—
(i)the date on which the person became liable to the penalty under paragraph 39,
(ii)the end of the period in which notice of an appeal against the information notice could have been given, and
(iii)if notice of such an appeal is given, the date on which the appeal is determined or withdrawn, and
(b)in any other case, the date on which the person became liable to the penalty under paragraph 39.”
(4)The amendments made by this paragraph have effect where a person becomes liable to a penalty under paragraph 39 of Schedule 36 to FA 2008 on or after the day on which this Act is passed.