# The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011, Paragraph 23


In regulation 64 (punishment for fraudulent trading)—
(a) in paragraph (1)(a), for “two” substitute “ten”;
(b) for paragraph (1)(b), substitute—
“(b) on summary conviction—
(i) in England and Wales, to imprisonment for a term not exceeding twelve months or a fine not exceeding the statutory maximum (or both);
(ii) in Scotland or Northern Ireland, to imprisonment for a term not exceeding six months or a fine not exceeding the statutory maximum (or both).”.

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Source: https://www.legislation.gov.uk/ukdsi/2011/9780111507865/schedule/2/paragraph/23 (the official version)
Page: https://openlegislation.uk/draft-companies-act-2006-consequential-amendments-and-transitional-provisions-order-2011/schedule-2/paragraph-23
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.