[F1257EFPenalties for fraudulent certificate or statement etcU.K.
This section has no associated Explanatory Notes
The issuing company is liable to a penalty not exceeding £3,000 if—
(a)it issues a compliance certificate, or provides a compliance statement, which is made fraudulently or negligently, or
(b)it issues a compliance certificate in contravention of section 257EC(3) or (4).]
Textual Amendments
F1Pt. 5A inserted (17.7.2012) (with effect in accordance with Sch. 6 para. 24(1) of the amending Act) by Finance Act 2012 (c. 14), Sch. 6 para. 1