SCHEDULES
F1SCHEDULE 2BPenalties for contraventions of Part 6A
Annotations:
Amendments (Textual)
Reductions for disclosure
3
1
Paragraph 4 provides for reductions in penalties under this Schedule where P discloses a contravention.
2
P discloses a contravention by—
a
telling the Commissioners about it,
b
giving the Commissioners reasonable help in identifying any other contraventions of section 88C(1) or 88F of which P is aware, and
c
allowing the Commissioners access to records for the purpose of identifying such contraventions.
3
Disclosure of a contravention—
a
is “unprompted” if made at a time when P has no reason to believe that the Commissioners have discovered or are about to discover the contravention, and
b
otherwise, is “prompted”.
4
In relation to disclosure “quality” includes timing, nature and extent.
Sch. 2B inserted (26.3.2015) by Finance Act 2015 (c. 11), s. 54(5)(8)