Appointed Days
3. Article 2 only has effect in relation to a penalty in respect of which the late payment interest start date(1) or the repayment interest start date(2) falls on or after 6th September 2019.
(1)
Section 101(4) of the Finance Act 2009 (c. 10) provides that the late payment interest start date in respect of any amount is the date on which that amount becomes due and payable.
(2)
Section 102(4) of the Finance Act 2009 provides that Parts 1 and 2 of Schedule 54 to that Act define the repayment interest start date.