Finance Act 1999 (c. 16)

SCHEDULES

SCHEDULE 17 U.K. Stamp duty: penalties other than on late stamping

Part II U.K. Determination of penalty and appeals

Supplementary provisions U.K.

14 (1) The Commissioners may in their discretion mitigate any penalty, or stay or compound any proceedings for the recovery of a penalty. U.K.

(2) They may also, after judgment, further mitigate or entirely remit the penalty.

15 U.K. A penalty may be determined under paragraph 10, or proceedings for a penalty brought under paragraph 13, at any time within six years after the date on which the penalty was incurred.