# Corporate Insolvency and Governance Act 2020, Paragraph 29


(1) Schedule 7 (punishment of offences under the Order) is amended as follows.
(2) Omit the entries relating to Schedule A1.
(3) At the appropriate place insert—
“
13BE(4)
Directors failing to notify monitor of beginning of moratorium.
1. On indictment.
2 years or a fine or both.
2. Summary.
6 months orthe statutorymaximum orboth.
13BE(5)
Monitor failing to notify creditors etc of beginning of moratorium.
Summary.
Level 3 on the standard scale.
13CH(6)
Directors failing to notify monitor of change in end of moratorium.
1. On indictment.
2 years or a fine or both.
2. Summary.
6 months orthe statutorymaximum orboth.
13CH(7)
Monitor failing to notify creditors etc of change in end of moratorium.
Summary.
Level 3 on the standard scale.
13DA(5)
Company or officer failing to state in correspondence etc that moratorium in force.
Summary.
Level 3 on the standard scale.
13DF(4)
Directors failing to notify monitor of insolvency proceedings etc.
1. On indictment.
2 years or a fine or both.
2. Summary.
6 months orthe statutorymaximum orboth.
13DG(3)(a)
Company obtaining credit without disclosing existence of moratorium.
1. On indictment.
A fine.
2. Summary.
The statutory maximum.
13DG(3)(b)
Obtaining credit for company without disclosing existence of moratorium.
1. On indictment.
2 years or a fine or both.
2. Summary.
6 months orthe statutorymaximum orboth.
13DH(4)(a)
Company granting security without monitor's consent.
1. On indictment.
A fine.
2. Summary.
The statutory maximum.
13DH(4)(b)
Authorising or permitting company to do so.
1. On indictment.
2 years or a fine or both.
2. Summary.
6 months orthe statutorymaximum orboth.
13DI(1)(a)
Company entering into market contract, etc.
1. On indictment.
A fine.
2. Summary.
The statutory maximum.
13DI(1)(b)
Authorising or permitting company to do so.
1. On indictment.
2 years or a fine or both.
2. Summary.
6 months orthe statutorymaximum orboth.
13DJ(5)(a)
Company making unauthorised payments.
1. On indictment.
A fine.
2. Summary.
The statutory maximum.
13DJ(5)(b)
Authorising or permitting company to do so.
1. On indictment.
2 years or a fine or both.
2. Summary.
6 months orthe statutorymaximum orboth.
13DK(6)(a)
Company making unauthorised disposal of property.
1. On indictment.
A fine.
2. Summary.
The statutory maximum.
13DK(6)(b)
Authorising or permitting such a disposal.
1. On indictment.
2 years or a fine or both.
2. Summary.
6 months orthe statutorymaximum orboth.
13DL(2)(a)
Unauthorised disposal of hire-purchase property.
1. On indictment.
A fine.
2. Summary.
The statutory maximum.
13DL(2)(b)
Authorising or permitting such a disposal.
1. On indictment.
2 years or a fine or both.
2. Summary.
6 months orthe statutorymaximum orboth.
13DM(8)
Directors failing to send to registrar copy of court order permitting disposal of charged property.
Summary.
Level 3 on the standard scale.
13DM(9)(a)
Company failing to comply with requirements relating to disposal of charged property.
1. On indictment.
A fine.
2. Summary.
The statutory maximum.
13DM(9)(b)
Authorising or permitting such a failure.
1. On indictment.
2 years or a fine or both.
2. Summary.
6 months orthe statutorymaximum orboth.
13DN(4)(a)
Company failing to comply with requirements relating to disposal of hire-purchase property.
1. On indictment.
A fine.
2. Summary.
The statutory maximum.
13DN(4)(b)
Authorising or permitting such a failure.
1. On indictment.
2 years or a fine or both.
2. Summary.
6 months orthe statutorymaximum orboth.
13DN(6)
Directors failing to send to registrar copy of court order permitting disposal of hire-purchase property.
Summary.
Level 3 on the standard scale.
13EE(9)
Monitor failing to notify creditors etc of change in monitor.
Summary.
Level 3 on the standard scale.
13G(1)
Fraud or privity to fraud during or in anticipation of moratorium.
1. On indictment.
2 years or a fine or both.
2. Summary.
6 months or the statutory maximum or both.
13G(4)
Knowingly taking in pawn or pledge, or otherwise receiving, company property.
1. On indictment.
2 years or a fine or both.
2. Summary.
6 months orthe statutorymaximum orboth.
13GA(1)
False representation or fraud for purpose of obtaining or extending moratorium.
1. On indictment.
2 years or a fine or both.
2. Summary.
6 months orthe statutorymaximum orboth.
13H(5)
Directors failing to notify regulator of qualifying decision procedure in relation to regulated company
1. On indictment.
2 years or a fine or both.
2. Summary.
6 months orthe statutorymaximum orboth.
”

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Source: https://www.legislation.gov.uk/ukpga/2020/12/schedule/7/paragraph/29 (the official version)
Page: https://openlegislation.uk/corporate-insolvency-and-governance-act-2020/schedule-7/paragraph-29
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.