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SCHEDULE 2E+WAlternative provision as to penalties in cases of disapplication of section 85(1) of the 2012 Act

Finance Act 1993 (c.34)E+W

6.—(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”.

Commencement Information

I1Sch. 2 para. 6 in force at 12.3.2015, see reg. 1(1)