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(3) Where a system-member Where a system-member, before the passing of the Finance (No. 2) Act 2008, fraudulently or negligently enters or causes to be entered an incorrect instruction in a relevant system and such incorrect instruction gives rise to an underpayment of stamp duty, or results in a claim for exemption from duty to which there is no entitlement, that system-member shall incur a penalty of £1,000 €1,265 together with the amount , or twice the amount in the case of fraud, of the difference between the duty so paid (if any) and the duty which would have been payable if the instruction had been entered correctly.

(5) An incorrect instruction to which subsection (3) subsection (3) of this section or section 134A(2)(b), as the case may be, applies shall be deemed to be the production of an incorrect document for the purposes of section 1078(2)(d) of the Taxes Consolidation Act, 1997.

(5) An incorrect instruction to which subsection (3) subsection (3) of this section or section 134A(2)(b), as the case may be, applies shall be deemed to be the production of an incorrect document for the purposes of section 1078(2)(d) of the Taxes Consolidation Act, 1997.

(5) An incorrect instruction to which subsection (3) subsection (3) of this section or section 134A(2)(b), as the case may be, applies shall be deemed to be the production of an incorrect document for the purposes of section 1078(2)(d) of the Taxes Consolidation Act, 1997.