SCHEDULES

SCHEDULE 27Schedules 24 to 26: consequential provision

Finance Act 2009

I139

1

Schedule 55 (penalty for failure to make returns etc) is amended as follows.

2

In paragraph 1—

a

in sub-paragraph (4), in the definition of “penalty date”, for “1 to 3” substitute “ 2A ”;

b

in the Table, omit items 1, 2 and 3.

3

In paragraph 2 (as substituted by paragraph 3 of Schedule 10 to F(No.3)A 2010), in sub-paragraph (1)(a), for “1 to 5” substitute “ 2A, 4, 4A, 5 ”.

4

Omit paragraphs 17A and 17B (cancellation of penalty) and the italic heading before those paragraphs.

5

Omit paragraph 25 (partnerships) and the italic heading before that paragraph.

6

Until the coming into force of paragraph 3 of Schedule 10 to F(No.3)A 2010, paragraph 2 of Schedule 55 to FA 2009 has effect as if for “1 to 3” there were substituted “ 2A ”.