F1PART 5ASeed enterprise investment scheme

CHAPTER 5Attribution and claims for SEIS relief

Claims: supporting documents

257EFPenalties for fraudulent certificate or statement etc

The issuing company is liable to a penalty not exceeding £3,000 if—

(a)

it issues a compliance certificate, or provides a compliance statement, which is made fraudulently or negligently, or

(b)

it issues a compliance certificate in contravention of section 257EC(3) or (4).