CH23170 - Information & Inspection Powers: Information notices: Financial Institution Notice: Appealing a Penalty for Disclosure

The person may appeal your decision that a penalty is payable for breaching a requirement in the notice not to disclose the notice or anything in the notice to the taxpayer or anything relating to the taxpayer to whom the notice relates or any other person, except for a purpose relating to compliance with the notice. (CH23150). A person must notify their appeal in writing and within 30 days beginning on the date on which notification of the penalty was issued.

A penalty assessed under paragraph 51B must be paid:

• Before the end of the period of 30 days beginning with the date on which notification of the penalty was issued, or
• If notice of appeal against the penalty is given, before the end of the period of 30 days beginning with the date on which the appeal is determined or withdrawn.

A penalty under paragraph 51B may be enforced as if it were income tax charged in an assessment and due and payable.