26 Penalty for contravention of relevant rule
Finance Act 2003 (2003 c 14) | Legislation

26  Penalty for contravention of relevant rule

(1)     If, in the case of any relevant tax or duty, a person of a prescribed description engages in any conduct by which he contravenes—

(a)     a prescribed relevant rule, or

(b)     a relevant rule of a prescribed description,

he is liable to a penalty under this section of a prescribed amount.

(2)     Subsection (1) is subject to the following provisions of this Part.

(3)     The power conferred by subsection (1) to prescribe a description of person includes power to prescribe any person (without further qualification) as such a description.

(4)     Different penalties may be prescribed under subsection (1) for different cases or different

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