SCHEDULES
F1SCHEDULE 2BPenalties for contraventions of Part 6A
Annotations:
Amendments (Textual)
The maximum amount
10
1
In this Schedule “the maximum amount” means £10,000.
2
If it appears to the Treasury that there has been a change in the value of money since the last relevant date, they may by regulations substitute for the sum for the time being specified in sub-paragraph (1) such other sum as appears to them to be justified by the change.
3
In sub-paragraph (2), “relevant date” means—
a
the date on which the Finance Act 2015 is passed, and
b
each date on which the power conferred by that sub-paragraph has been exercised.
4
Regulations under this paragraph do not apply to any contravention which occurred before the date on which they come into force.
Sch. 2B inserted (26.3.2015) by Finance Act 2015 (c. 11), s. 54(5)(8)