(1)In section 17 of the M1Finance Act 1985 (civil penalties for breaches of regulatory provisions under the Value Added Tax Act 1983) at the end of paragraph (c) of subsection (1) there shall be inserted βor
(d)any order made by the Treasury under that Act; or
(e)any regulations made under the European Communities Act 1972 and relating to value added taxβ.
(2)At the end of subsection (4)(b) of that section (previous failures before the passing of the 1985 Act to be disregarded in determining rate of daily penalty) there shall be added βor, in the case of a requirement falling within paragraph (d) or paragraph (e) of subsection (1) above, before the passing of the Finance Act 1986β.
Marginal Citations