# The Companies (Trading Disclosures) Regulations 2008, Regulation 10: Offence


(1) Where a company fails, without reasonable excuse, to comply with any requirement in regulations 2 to 9, an offence is committed by—
(a) the company; and
(b) every officer of the company who is in default.
(2) A person guilty of an offence under paragraph (1) is liable on summary conviction to—
(a) a fine not exceeding level 3 on the standard scale; and
(b) for continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.
(3) For the purposes of this regulation a shadow director is to be treated as an officer of the company.

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Source: https://www.legislation.gov.uk/ukdsi/2008/9780110806570/regulation/10 (the official version)
Page: https://openlegislation.uk/draft-companies-trading-disclosures-regulations-2008/regulation-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.