Finance Act 1995

Valid from 01/05/1995

Individual partners and liabilities for certain contraventionsU.K.

3(1)In subsection (2)(b) of section 561 of that Act (condition of certificate for a member of a firm), for “563” there shall be substituted “ 562 ”.U.K.

(2)In subsection (10) of that section (offence in connection with obtaining certificate), for “on summary conviction to a fine not exceeding £5,000” there shall be substituted “ to a penalty not exceeding £3,000 ”.

(3)In subsection (11) of that section (offences in connection with certificates, vouchers etc.)—

(a)after “section 566(2)(j)” there shall be inserted “ or who is in possession of any form or other document supplied to him by the Board for use in connection with any regulations under this Chapter ”; and

(b)for “on summary conviction to a fine not exceeding £5,000” there shall be substituted “ to a penalty not exceeding £3,000 ”.

Commencement Information

I1Sch. 27 para. 3 in force at Royal Assent but shall have effect for the purposes of para. 3(2)(3)(b) on 23.11.1998 and para. 3(1) on 1.8.1999 by S.I. 1998/2620, arts. 2, 3 (see s. 139(3))