Modifications etc. (not altering text)
C1Sch. 23 applied by S.I. 2009/470 reg. 33(1) (as substituted (6.4.2013) by The Education (Student Loans) (Repayment) (Amendment) Regulations 2013 (S.I. 2013/607), regs. 1(1), 9))
C2Sch. 23 applied (16.6.2016) (with application in accordance with reg. 1 of the amending S.I.) by The Education (Postgraduate Masters Degree Loans) Regulations 2016 (S.I. 2016/606), regs. 1(1), 43(1)
32(1)This paragraph applies if—U.K.
(a)in complying with a data-holder notice, the data-holder provides inaccurate data, and
(b)condition A, B or C is met.
(2)Condition A is that the inaccuracy is—
(a)due to a failure by the data-holder to take reasonable care, or
(b)deliberate on the data-holder's part.
(3)Condition B is that the data-holder knows of the inaccuracy at the time the data are provided but does not inform HMRC at that time.
(4)Condition C is that the data-holder—
(a)discovers the inaccuracy some time later, and
(b)fails to take reasonable steps to inform HMRC.
(5)If this paragraph applies, the data-holder is liable to a penalty not exceeding £3,000.