Finance Act 2004
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Amendment of section 124A (administrative penalties) of Finance Act 2001. |
47.—Section 124A (inserted by the Finance Act 2003 ) of the Finance Act 2001 is amended by substituting the following for subsection (1): | |
“(1) An authorised warehousekeeper who contravenes or fails to comply with— | ||
(a) any condition imposed on him or her under section 109(5), or | ||
(b) any requirement imposed on him or her under— | ||
(i) this Part, | ||
(ii) the Finance (Excise Duty on Tobacco Products) Act 1977 , | ||
(iii) Chapter 1 of Part 2 of the Finance Act 1999 , | ||
(iv) Chapter 1 of Part 2 of the Finance Act 2003 , or | ||
(v) any regulation made under the provisions referred to in subparagraphs (i) to (iv), | ||
is liable to a penalty of €1,500 for each such contravention or failure.”. |