s 85 Security for payment of PAYE
(1) Section 684 of ITEPA 2003 (PAYE regulations) is amended as follows. (2) In subsection (2), after item 4A insert— (4B) Provision for and in connection with requiring the giving, in specified circumstances, of security (or further security) for the payment of amounts in respect of which a person is or may be accountable to the Commissioners under the regulations. (3) After subsection (4) insert— (4A) A person who fails to comply with a requirement imposed under PAYE regulations to give security, or further security, for the payment of any amount commits an offence if the failure continues for such period as is specified; and a person guilty of an offence under this subsection is liable on summary conviction to a fine not exceeding level 5 on the standard scale.