FHDDS24400 - Policy and background: how the scheme works: penalties and sanctions

(The Finance Act (No.2) 201, section 55 and The Fulfilment Businesses Regulations 2018, regulation 14- 17)

There are penalties for:

• late registration
• failing to comply with any approval condition or restriction
• carrying on a fulfilment business without approval
• failure to meet obligations.

For more information on penalties, see FHDDS50000.