{
  "url": "https://openlegislation.uk/corporate-insolvency-and-governance-act-2020/schedule-7/paragraph-29",
  "json_url": "https://openlegislation.uk/corporate-insolvency-and-governance-act-2020/schedule-7/paragraph-29.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/7/paragraph/29",
  "kind": "paragraph",
  "number": "29",
  "heading": null,
  "text": "(1) Schedule 7 (punishment of offences under the Order) is amended as follows.\n(2) Omit the entries relating to Schedule A1.\n(3) At the appropriate place insert—\n“\n13BE(4)\nDirectors failing to notify monitor of beginning of moratorium.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\n6 months orthe statutorymaximum orboth.\n13BE(5)\nMonitor failing to notify creditors etc of beginning of moratorium.\nSummary.\nLevel 3 on the standard scale.\n13CH(6)\nDirectors failing to notify monitor of change in end of moratorium.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\n6 months orthe statutorymaximum orboth.\n13CH(7)\nMonitor failing to notify creditors etc of change in end of moratorium.\nSummary.\nLevel 3 on the standard scale.\n13DA(5)\nCompany or officer failing to state in correspondence etc that moratorium in force.\nSummary.\nLevel 3 on the standard scale.\n13DF(4)\nDirectors failing to notify monitor of insolvency proceedings etc.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\n6 months orthe statutorymaximum orboth.\n13DG(3)(a)\nCompany obtaining credit without disclosing existence of moratorium.\n1. On indictment.\nA fine.\n2. Summary.\nThe statutory maximum.\n13DG(3)(b)\nObtaining credit for company without disclosing existence of moratorium.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\n6 months orthe statutorymaximum orboth.\n13DH(4)(a)\nCompany granting security without monitor's consent.\n1. On indictment.\nA fine.\n2. Summary.\nThe statutory maximum.\n13DH(4)(b)\nAuthorising or permitting company to do so.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\n6 months orthe statutorymaximum orboth.\n13DI(1)(a)\nCompany entering into market contract, etc.\n1. On indictment.\nA fine.\n2. Summary.\nThe statutory maximum.\n13DI(1)(b)\nAuthorising or permitting company to do so.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\n6 months orthe statutorymaximum orboth.\n13DJ(5)(a)\nCompany making unauthorised payments.\n1. On indictment.\nA fine.\n2. Summary.\nThe statutory maximum.\n13DJ(5)(b)\nAuthorising or permitting company to do so.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\n6 months orthe statutorymaximum orboth.\n13DK(6)(a)\nCompany making unauthorised disposal of property.\n1. On indictment.\nA fine.\n2. Summary.\nThe statutory maximum.\n13DK(6)(b)\nAuthorising or permitting such a disposal.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\n6 months orthe statutorymaximum orboth.\n13DL(2)(a)\nUnauthorised disposal of hire-purchase property.\n1. On indictment.\nA fine.\n2. Summary.\nThe statutory maximum.\n13DL(2)(b)\nAuthorising or permitting such a disposal.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\n6 months orthe statutorymaximum orboth.\n13DM(8)\nDirectors failing to send to registrar copy of court order permitting disposal of charged property.\nSummary.\nLevel 3 on the standard scale.\n13DM(9)(a)\nCompany failing to comply with requirements relating to disposal of charged property.\n1. On indictment.\nA fine.\n2. Summary.\nThe statutory maximum.\n13DM(9)(b)\nAuthorising or permitting such a failure.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\n6 months orthe statutorymaximum orboth.\n13DN(4)(a)\nCompany failing to comply with requirements relating to disposal of hire-purchase property.\n1. On indictment.\nA fine.\n2. Summary.\nThe statutory maximum.\n13DN(4)(b)\nAuthorising or permitting such a failure.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\n6 months orthe statutorymaximum orboth.\n13DN(6)\nDirectors failing to send to registrar copy of court order permitting disposal of hire-purchase property.\nSummary.\nLevel 3 on the standard scale.\n13EE(9)\nMonitor failing to notify creditors etc of change in monitor.\nSummary.\nLevel 3 on the standard scale.\n13G(1)\nFraud or privity to fraud during or in anticipation of moratorium.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\n6 months or the statutory maximum or both.\n13G(4)\nKnowingly taking in pawn or pledge, or otherwise receiving, company property.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\n6 months orthe statutorymaximum orboth.\n13GA(1)\nFalse representation or fraud for purpose of obtaining or extending moratorium.\n1. On indictment.\n2 years or a fine or both.\n2. Summary.\n6 months orthe statutorymaximum orboth.\n13H(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.\n6 months orthe statutorymaximum orboth.\n”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "omitted",
      "affecting": "nia/2026/6",
      "affecting_title": "Insolvency (Amendment) Act (Northern Ireland) 2026"
    },
    {
      "type": "omitted",
      "affecting": "nia/2026/6",
      "affecting_title": "Insolvency (Amendment) Act (Northern Ireland) 2026"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2020/12/schedule/7/paragraph/29",
    "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."
}