[121C Liability of directors etc for company's contributions]
Social Security Administration Act 1992 (1992 c 5) | Legislation

[121C  Liability of directors etc for company's contributions]

[(1)     This section applies to contributions which a body corporate is liable to pay, where—

(a)     the body corporate has failed to pay the contributions at or within the time prescribed for the purpose; and

(b)     the failure appears to the [Inland Revenue] to be attributable to fraud or neglect on the part of one or more individuals who, at the time of the fraud or neglect, were officers of the body corporate (“culpable officers”).

(2)     The [Inland Revenue] may issue and serve on any culpable officer a notice (a “personal liability notice”)—

(a)     specifying the amount of the contributions to which this section applies (“the specified amount”);

(b)     requiring the officer to pay to the [Inland Revenue]—

(i)     a specified sum in respect of that amount; and

(ii)     specified interest on that sum; and

(c)     where that sum is given by paragraph (b) of subsection (3) below, specifying the proportion applied by the [Inland Revenue] for the purposes of that paragraph.

(3)     The sum specified in the personal liability notice under subsection (2)(b)(i) above shall be—

(a)     in a case

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