The Legal Aid, Sentencing and Punishment of Offenders Act 2012 (Fines on Summary Conviction) Regulations 2015

Finance Act 1994 (c.9)E+W

This section has no associated Explanatory Memorandum

7.—(1) The Finance Act 1994 is amended as follows.

(2) In section 41 (offences: air passenger duty)—

(a)in subsection (2)(a)(i), for “the statutory maximum” substitute “£20,000”;

(b)in subsection (4)(a), for “the statutory maximum” substitute “£20,000”.

(3) In Schedule 7 (insurance premium tax)—

(a)in paragraph 10(1)(a), for “the statutory maximum” substitute “£20,000”;

(b)in paragraph 10(3)(a), for “the statutory maximum” substitute “£20,000”;

(c)in paragraph 10(5)(a), for “the statutory maximum” substitute “£20,000”;

(d)in paragraph 10(6), for “level 5 on the standard scale” substitute “£20,000”;

(e)in paragraph 10(7), for “level 5 on the standard scale” substitute “£20,000”.

Commencement Information

I1Sch. 2 para. 7 in force at 12.3.2015, see reg. 1(1)