[F110(1)A person who fails to comply with a notice under paragraph 8 (notice to produce documents etc for purposes of enquiry) is liable—U.K.
(a)to a penalty of £50, and
(b)if the failure continues after a penalty is imposed under paragraph (a), to a further penalty or penalties not exceeding £30 for each day on which the failure continues.
(2)No penalty shall be imposed under this paragraph in respect of a failure at any time after the failure has been remedied.]
Textual Amendments
F1Sch. 11A inserted (22.7.2004) by Finance Act 2004 (c. 12), Sch. 40