SCHEDULE 2Alternative provision as to penalties in cases of disapplication of section 85(1) of the 2012 Act
Finance Act 1993 (c.34)I16
1
The Finance Act 1993 is amended as follows.
2
In section 29 (registration of promoters etc), in subsection (7)(a), for “the statutory maximum” substitute “£20,000”.
3
In section 31 (general offences)—
a
in subsection (2)(a), for “the statutory maximum” substitute “£20,000”;
b
in subsection (4)(a), for “the statutory maximum” substitute “£20,000”.