[69A Breach of record-keeping requirements etc in relation to transactions in gold]
Value Added Tax Act 1994 (1994 c 23) | Legislation

[69A  Breach of record-keeping requirements etc in relation to transactions in gold]

[(1)     This section applies where a person fails to comply with a requirement of regulations under section 13(5)(a) or (b) of the Finance Act 1999 (gold: duties to keep records or provide information).

Where this section applies, the provisions of section 69 do not apply.

(2)     A person who fails to comply with any such requirement is liable to a penalty not exceeding 17.5% of the value of the

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