As many will have perhaps noticed, websites explaining how time is running out in respect of protecting any unprotected deposits aren’t in sync with the same answer. Some say this needs doing by 5th May and others say 6th May.

If you’ve got all your ducks in order and any unprotected deposits are now protected then this doesn’t matter. However, if you are protecting and / or issuing prescribed information on the 6th, then it’s really important because there’s no turning back and according to some websites, that might have been too late and despite all that work a penalty still payable!

I think therefore it’s worthy of a look in a little more detail and at some Court of Appeal case law which concerns statutory provisions which require something to be done in a set number of days.

I would respectfully submit that the final day is before midnight ... Please login or signup to continue reading this content