{
  "url": "https://openlegislation.uk/corporate-insolvency-and-governance-act-2020/schedule-3/paragraph-33",
  "json_url": "https://openlegislation.uk/corporate-insolvency-and-governance-act-2020/schedule-3/paragraph-33.json",
  "legislation": "ukpga/2020/12",
  "legislation_title": "Corporate Insolvency and Governance Act 2020",
  "legislation_url": "https://openlegislation.uk/corporate-insolvency-and-governance-act-2020",
  "path": "schedule/3/paragraph/33",
  "kind": "paragraph",
  "number": "33",
  "heading": null,
  "text": "(1) Schedule 10 (punishment of offences under the Act) is amended as follows.\n(2) Omit the entries relating to Schedule A1.\n(3) At the appropriate place insert—\n“\nA8(4)\nDirectors failing to notify monitor of beginning of moratorium.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\nOn conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA8(5)\nMonitor failing to notify creditors etc of beginning of moratorium.\nSummary.\nLevel 3 on the standard scale.\nA17(6)\nDirectors failing to notify monitor of change in end of moratorium.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\nOn conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA17(7)\nMonitor failing to notify creditors etc of change in end of moratorium.\nSummary.\nLevel 3 on the standard scale.\nA19(5)\nCompany or officer failing to state in correspondence etc that moratorium in force.\nSummary.\nLevel 3 on the standard scale.\nA24(4)\nDirectors failing to notify monitor of insolvency proceedings etc.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\nOn conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA25(3)(a)\nCompany obtaining credit without disclosing existence of moratorium.\n1. On indictment.\nA fine.\n2. Summary.\nOn conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.\nA25(3)(b)\nObtaining credit for company without disclosing existence of moratorium.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\nOn conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA26(4)(a)\nCompany granting security without monitor's consent.\n1. On indictment.\nA fine.\n2. Summary.\nOn conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.\nA26(4)(b)\nAuthorising or permitting company to do so.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\nOn conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA27(1)(a)\nCompany entering into market contract, etc.\n1. On indictment.\nA fine.\n2. Summary.\nOn conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.\nA27(1)(b)\nAuthorising or permitting company to do so.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\nOn conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA28(5)(a)\nCompany making unauthorised payments.\n1. On indictment.\nA fine.\n2. Summary.\nOn conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.\nA28(5)(b)\nAuthorising or permitting company to do so.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\nOn conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA29(6)(a)\nCompany making unauthorised disposal of property.\n1. On indictment.\nA fine.\n2. Summary.\nOn conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.\nA29(6)(b)\nAuthorising or permitting such a disposal.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\nOn conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA30(2)(a)\nUnauthorised disposal of hire-purchase property.\n1. On indictment.\nA fine.\n2. Summary.\nOn conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.\nA30(2)(b)\nAuthorising or permitting such a disposal.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\nOn conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA31(8)\nDirectors failing to send to registrar copy of court order permitting disposal of charged property.\nSummary.\nLevel 3 on the standard scale.\nA31(10)(a)\nCompany failing to comply with requirements relating to disposal of charged property.\n1. On indictment.\nA fine.\n2. Summary.\nOn conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.\nA31(10)(b)\nAuthorising or permitting such a failure.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\nOn conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA32(4)(a)\nCompany failing to comply with requirements relating to disposal of hire-purchase property.\n1. On indictment.\nA fine.\n2. Summary.\nOn conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.\nA32(4)(b)\nAuthorising or permitting such a failure.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\nOn conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA32(6)\nDirectors failing to send to registrar copy of court order permitting disposal of hire-purchase property.\nSummary.\nLevel 3 on the standard scale.\nA39(9)\nMonitor failing to notify creditors etc of change in monitor.\nSummary.\nLevel 3 on the standard scale.\nA46(1)\nFraud or privity to fraud during or in anticipation of moratorium.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\nOn conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA46(4)\nKnowingly taking in pawn or pledge, or otherwise receiving, company property.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\nOn conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA47(1)\nFalse representation or fraud for purpose of obtaining or extending moratorium.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\nOn conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA49(5)\nDirectors failing to notify regulator of qualifying decision procedure in relation to regulated company\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\nOn conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\n”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2020/12/schedule/3/paragraph/33",
    "retrieved_at": "2026-10-29T09:01:47.513893+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."
}