(1)The Treasury must issue guidance as to—
(a)the circumstances in which it may consider it appropriate to impose a monetary penalty under section 146 or 148, and
(b)how it will determine the amount of the penalty.
(2)The Treasury must, at such intervals as it considers appropriate, publish reports about the imposition of monetary penalties under section 146 or 148.
Commencement Information
I2S. 149 in force at 1.4.2017 in so far as not already in force by S.I. 2017/482, reg. 2