102 Mitigation of penalties.U.K.
The Board may in their discretion mitigate any penalty, or stay or compound any proceedings for [F1a penalty], and may also, after judgment, further mitigate or entirely remit the penalty.
Textual Amendments
Modifications etc. (not altering text)
C1Ss. 102-104 power to apply conferred (E.W.S.) (1.7.1992) by Social Security Contributions and Benefits Act 1992 (c. 4), ss. 1(4), 177(4), Sch. 1, para. 7(2)(b)(9)-(12)
Ss. 102-104 power to apply conferred (N.I.) (1.7.1992) by Social Security Contributions and Benefits (Northern Ireland) Act 1992 (c. 7), ss. 1(4), 173(4), Sch. 1, para. 7(2)(b)(9)-(12)
C2 See Finance Act 1966 s.27, Sch.6 para.23(7)(b) and S.I. 1966/1191, reg. 4—application of this section in relation to penalties under para.23 (transitional relief to companies with overseas trading income).