Taxes Management Act 1970

[F199ACertificates of non-liability to income tax.U.K.

If a person who gives a certificate of non-liability to income tax in pursuance of regulations under section 477A of the principal Act (building societies) or section 480B of that Act (deposit-takers)—

(a)gives the certificate fraudulently or negligently, or

(b)fails to comply with any undertaking contained in the certificate in pursuance of the regulations,

he shall be liable to a penalty not exceeding £3,000.]

Textual Amendments

F1S. 99A inserted (25.7.1991) by Finance Act 1991 (c. 31),, s. 82