SDLTM86740 - Compliance: Penalties

Determination of penalties FA03/SCH14: Proceedings before the court FA03/SCH14/PARA7

Where, in the opinion of the Board, the liability of any person for a penalty arises by reason of the fraud of that, or any other person, proceedings for the penalty may be instituted before the High Court. In Scotland, such proceedings would be held before the Court of Session as the Court of Exchequer there.

Such proceedings may only be brought by the Board and may only be brought where the liability arises by reason of fraud.