PART VIII ADMINISTRATION AND COLLECTION

Penalties

245 Failure to provide information.

1

A person who—

a

fails to deliver an account under section 216 or 217 above, or

b

fails to make a return under section 218 above, or

c

fails to comply with a notice under section 219 above, or

d

fails to comply with a notice under section 224(2) above,

shall be liable to a penalty not exceeding £50 and, if the failure continues after it has been declared by a court or the Special Commissioners, to a further penalty not exceeding £10 for each day on which it continues.

2

A person shall not be liable to a penalty under this section for a failure which is remedied before proceedings in which the failure could be declared are commenced; and where a person has a reasonable excuse for the failure he shall not be liable to a penalty under this section unless he fails to remedy it without unreasonable delay after the excuse has ceased.