Section 210 | Penalties for an incorrect declaration

(1)A person who makes a declaration under section 209(2) and carelessly or deliberately includes any incorrect information in the declaration is liable to a penalty not exceeding £10,000.

(2)Where—

(a)a person (“A”) provides a declaration under a provision listed in section 209(5) which is made under section 209(2) by another person,

(b)the declaration includes incorrect information, and

(c)A knew, or could reasonably have been expected to have known, that the information was incorrect,

A is liable to a penalty not exceeding £10,000.

(3)For the purposes of subsection (1), incorrect information is included in a declaration carelessly if the person who makes the declaration has failed to take reasonable care to verify the information before including it.