This section has no associated Explanatory Notes
[F110(1)The Commissioners may in their discretion mitigate a penalty under section 212A [F2or 212B], or stay or compound any proceedings for such a penalty.U.K.
(2)They may also, after judgment, further mitigate or entirely remit the penalty.]
Textual Amendments
F1Sch. 43C inserted (15.9.2016) (with effect in accordance with s. 158(15) of the amending Act) by Finance Act 2016 (c. 24), s. 158(3)
F2Words in Sch. 43C para. 10(1) inserted (with effect in accordance with s. 124(2) of the amending Act) by Finance Act 2021 (c. 26), Sch. 32 para. 13(10)