Textual Amendments
F1Sch. 18 para. 3 heading substituted (with effect in accordance with s. 206(5) of the amending Act) by Finance Act 2003 (c. 14), s. 206(4)
3(1)Statements made or documents produced by or on behalf of a person are not inadmissible in any such proceedings as are mentioned in sub-paragraph (2) by reason only that it has been drawn to that person’s attention—U.K.
[F2(a)that where serious stamp duty fraud has been committed the Board may accept a money settlement and that the Board will accept such a settlement, and will not pursue a criminal prosecution, if he makes a full confession of all stamp duty irregularities, or
(b)that the extent to which he is helpful and volunteers information is a factor that will be taken into account in determining the amount of any penalty,]
and that he was or may have been induced thereby to make the statements or produce the documents.
(2)The proceedings mentioned in sub-paragraph (1) are—
(a)any criminal proceedings against the person in question for any form of fraudulent conduct in connection with or in relation to stamp duty, and
(b)any proceedings against that person for the recovery of any stamp duty or interest on unpaid stamp duty due from him, and
(c)any proceedings for a penalty, or on appeal against the determination of a penalty, in connection with or in relation to stamp duty.
Textual Amendments
F2Sch. 18 para. 3(1)(a)(b) substituted (with effect in accordance with s. 206(5) of the amending Act) by Finance Act 2003 (c. 14), s. 206(3)