{
  "url": "https://openlegislation.uk/bank-of-england-act-1998/section-38",
  "json_url": "https://openlegislation.uk/bank-of-england-act-1998/section-38.json",
  "legislation": "ukpga/1998/11",
  "legislation_title": "Bank of England Act 1998",
  "legislation_url": "https://openlegislation.uk/bank-of-england-act-1998",
  "path": "section/38",
  "kind": "section",
  "number": "38",
  "heading": "Offences in relation to supplying information to the Bank.",
  "text": "(1) A person who fails without reasonable excuse to comply with any requirement imposed on him under section 17(1) or paragraph 9 of Schedule 2ZA shall be guilty of an offence and liable on summary conviction to a fine not exceeding level 4 on the standard scale.\n(2) If after conviction of an offence under subsection (1) a person continues the failure for which he was convicted, he shall be guilty of a further offence under that subsection and liable on summary conviction to be punished accordingly.\n(3) A person who in purported compliance with a requirement imposed on him under section 17(1) or paragraph 9 of Schedule 2ZA provides information which he knows to be false or misleading in a material particular, or recklessly provides information which is false or misleading in a material particular, shall be guilty of an offence and liable—\n(a) on conviction on indictment, to imprisonment for a term not exceeding 2 years, or to a fine, or to both, or\n(b) on summary conviction, to imprisonment for a term not exceeding 3 months, or to a fine not exceeding the statutory maximum, or to both.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 38(1) substituted (1.3.2024) by Financial Services and Markets Act 2023 (c. 29), ss. 71(3), 86(3); S.I. 2024/250, reg. 2(c)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 38(3) substituted (1.3.2024) by Financial Services and Markets Act 2023 (c. 29), ss. 71(3), 86(3); S.I. 2024/250, reg. 2(c)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1998/11/section/38",
    "retrieved_at": "2026-10-29T09:23:10.863404+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}