Part IIINCOME TAX, CORPORATION TAX AND CAPITAL GAINS TAX
I1 CHAPTER I GENERAL
Miscellaneous
82 Certificates of non-liability to tax.
1
In the M1Taxes Management Act 1970, the following section shall be inserted after section 99—
99A Certificates of non-liability to income tax.
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.
2
So far as relating to the giving of a certificate, this section shall apply in relation to certificates given on or after the day on which this Act is passed.
3
So far as relating to failure to comply with an undertaking contained in a certificate, this section shall apply in relation to certificates whenever given, but not so as to impose liability for a failure occurring before the day on which this Act is passed.
Chapter I partly in force at 4.5.1988 due to retrospective effect of s. 74(5)