SCHEDULE 3 Amendments of Remaining Provisions of the Companies Act 1985 Relating to Offences
Companies Act 2006 (2006 c 46) | Legislation

SCHEDULE 3 Amendments of Remaining Provisions of the Companies Act 1985 Relating to Offences

Section 1124

Failure to give information about interests in shares etc

1

(1)     In subsection (3) of section 444 of the Companies Act 1985 (c 6) (failure to give information requested by Secretary of State relating to interests in shares etc) for “is liable to imprisonment or a fine, or both†substitute “commits an offenceâ€.

(2)     At the end of that section add—

“(4)     A person guilty of an offence under this section is liable—

(a)     on conviction on indictment, to imprisonment for a term not exceeding two years or a fine (or both);

(b)     on summary conviction—

(i)     in England and Wales, to imprisonment for a term not exceeding twelve months or to a fine not exceeding the statutory maximum (or both) and, for continued contravention, a daily default fine not exceeding one-fiftieth of the statutory maximum;

(ii)     in Scotland or Northern Ireland, to imprisonment for a term not exceeding six months, or to a fine not exceeding the statutory maximum (or both) and, for continued contravention, a daily default fine not exceeding one-fiftieth of the statutory maximum.â€.

Obstruction

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