Modifications etc. (not altering text)
C1Sch. 15 modified (27.7.1999 with effect as mentioned in s. 113(4) of 1999 c. 16) by 1988 c. 39, s. 143(4)(a) (as inserted (27.7.1999 with effect as mentioned in s. 113(4) of the amending Act) by 1999 c. 16, s. 113(3), Sch. 16 para. 11)
22(1)If default is made in complying with paragraph 21—U.K.
(a)the person by whom or on whose behalf the instrument is issued, and
(b)any person who acts as the agent of that person for the purposes of the issue,
are each liable to a penalty not exceeding the aggregate of £300 and the duty chargeable.
(2)Those persons are also jointly and severally liable to pay to Her Majesty—
(a)the duty chargeable, and
(b)interest on the unpaid duty from the date of the default until the duty is paid.