# The Insolvency (Amendment) (EU Exit) Regulations 2018, Paragraph 41


After section 422 insert—
“Meaning of “relevant offence”
422A. In this Part “relevant offence” means a criminal offence punishable with imprisonment for more than two years or punishable on summary conviction with imprisonment for more than three months or with a fine of more than level 5 on the standard scale (if not calculated on a daily basis) or with a fine of more than £100 a day.”

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111174906/schedule/paragraph/41 (the official version)
Page: https://openlegislation.uk/draft-insolvency-amendment-eu-exit-regulations-2018/schedule/paragraph-41
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.