What is the penalty for dismissing a notice of change of address or name?

The correct answer outlines that if a notice of change of address or name is dismissed for any reason, the consequence will involve a requirement to rectify the defect within a specified time frame of 20 working days, along with the payment of an administrative fee. This penalty is put in place to ensure that entities maintain accurate records and comply with regulatory requirements regarding their official address or name, which is crucial for communication and legal purposes.

The requirement to pay an administrative fee alongside the rectification process underscores the importance of adhering to procedural norms. Failing to do so could lead to further complications or penalties, which reinforces the rationale for timely compliance.

In contrast, options that suggest fixing the defect within 10 working days or simply indicating that no action is necessary do not align with the established procedures and policies surrounding changes in official documentation. Additionally, a fine could imply a more severe penalty for non-compliance, which is not the case in this situation where the focus is on rectification rather than penalization. Therefore, the response correctly emphasizes the importance of taking prompt action to amend the notice while also indicating financial responsibility for administrative oversight.