# Companies Act 2006, Section 970: Communication of decisions


(1) A company that has passed an opting-in resolution or an opting-out resolution must notify—
(a) the Panel, ...
(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) Notification must be given within 15 days after the resolution is passed ....
(3) If a company fails to comply with this section, an offence is committed by—
(a) the company, and
(b) every officer of it who is in default.
(4) A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.

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Source: https://www.legislation.gov.uk/ukpga/2006/46/section/970 (the official version)
Page: https://openlegislation.uk/companies-act-2006/section-970
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.