{
  "url": "https://openlegislation.uk/insolvency-act-1986/schedule-10/paragraph-wrapper1n1",
  "json_url": "https://openlegislation.uk/insolvency-act-1986/schedule-10/paragraph-wrapper1n1.json",
  "legislation": "ukpga/1986/45",
  "legislation_title": "Insolvency Act 1986",
  "legislation_url": "https://openlegislation.uk/insolvency-act-1986",
  "path": "schedule/10/paragraph/wrapper1n1",
  "kind": "paragraph",
  "number": null,
  "heading": null,
  "text": "Note:. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\nSection of Act creating offence\nGeneral nature of offence\nMode of prosecution\nPunishment\nDaily default fine (where applicable)\nA8(4)\nDirectors failing to notify monitor of beginning of moratorium.\n1.On indictment\n2.Summary.\n2 years or a fine or both\nOn conviction in England and Wales: the general limit in a magistrates’ court or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA8(5)\nMonitor failing to notify creditors etc of beginning of moratorium.\nSummary.\nLevel 3 on the standard scale.\nA17(6)\nDirectors failing to notify monitor of change in end of moratorium.\n1.On indictment\n2.Summary.\n2 years or a fine or both\nOn conviction in England and Wales: the general limit in a magistrates’ court or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA17(7)\nMonitor failing to notify creditors etc of change in end of moratorium.\nSummary.\nLevel 3 on the standard scale.\nA19(5)\nCompany or officer failing to state in correspondence etc that moratorium in force.\nSummary.\nLevel 3 on the standard scale.\nA24(4)\nDirectors failing to notify monitor of insolvency proceedings etc.\n1.On indictment\n2.Summary.\n2 years or a fine or both\nOn conviction in England and Wales: the general limit in a magistrates’ court or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA25(3)(a)\nCompany obtaining credit without disclosing existence of moratorium.\n1.On indictment\n2.Summary.\nA fine\nOn conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.\nA25(3)(b)\nObtaining credit for company without disclosing existence of moratorium.\n1.On indictment\n2.Summary.\n2 years or a fine or both\nOn conviction in England and Wales: the general limit in a magistrates’ court or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA26(4)(a)\nCompany granting security without monitor’s consent.\n1.On indictment\n2.Summary.\nA fine\nOn conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.\nA26(4)(b)\nAuthorising or permitting company to do so.\n1.On indictment\n2.Summary.\n2 years or a fine or both\nOn conviction in England and Wales: the general limit in a magistrates’ court or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA27(1)(a)\nCompany entering into market contract, etc.\n1.On indictment\n2.Summary.\nA fine\nOn conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.\nA27(1)(b)\nAuthorising or permitting company to do so.\n1.On indictment\n2.Summary.\n2 years or a fine or both\nOn conviction in England and Wales: the general limit in a magistrates’ court or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA28(5)(a)\nCompany making unauthorised payments.\n1.On indictment\n2.Summary.\nA fine\nOn conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.\nA28(5)(b)\nAuthorising or permitting company to do so.\n1.On indictment\n2.Summary.\n2 years or a fine or both\nOn conviction in England and Wales: the general limit in a magistrates’ court or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA29(6)(a)\nCompany making unauthorised disposal of property.\n1.On indictment\n2.Summary.\nA fine\nOn conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.\nA29(6)(b)\nAuthorising or permitting such a disposal.\n1.On indictment\n2.Summary.\n2 years or a fine or both\nOn conviction in England and Wales: the general limit in a magistrates’ court or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA30(2)(a)\nUnauthorised disposal of hire-purchase property.\n1.On indictment\n2.Summary.\nA fine\nOn conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.\nA30(2)(b)\nAuthorising or permitting such a disposal.\n1.On indictment\n2.Summary.\n2 years or a fine or both\nOn conviction in England and Wales: the general limit in a magistrates’ court or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA31(8)\nDirectors failing to send to registrar copy of court order permitting disposal of charged property.\nSummary.\nLevel 3 on the standard scale.\nA31(10)(a)\nCompany failing to comply with requirements relating to disposal of charged property.\n1.On indictment\n2.Summary.\nA fine\nOn conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.\nA31(10)(b)\nAuthorising or permitting such a failure.\n1.On indictment\n2.Summary.\n2 years or a fine or both\nOn conviction in England and Wales: the general limit in a magistrates’ court or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA32(4)(a)\nCompany failing to comply with requirements relating to disposal of hire-purchase property.\n1.On indictment\n2.Summary.\nA fine\nOn conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.\nA32(4)(b)\nAuthorising or permitting such a failure.\n1.On indictment\n2.Summary.\n2 years or a fine or both\nOn conviction in England and Wales: the general limit in a magistrates’ court or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA32(6)\nDirectors failing to send to registrar copy of court order permitting disposal of hire-purchase property.\nSummary.\nLevel 3 on the standard scale.\nA39(9)\nMonitor failing to notify creditors etc of change in monitor.\nSummary.\nLevel 3 on the standard scale.\nA46(1)\nFraud or privity to fraud during or in anticipation of moratorium.\n1.On indictment\n2.Summary.\n2 years or a fine or both\nOn conviction in England and Wales: the general limit in a magistrates’ court or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA46(4)\nKnowingly taking in pawn or pledge, or otherwise receiving, company property.\n1.On indictment\n2.Summary.\n2 years or a fine or both\nOn conviction in England and Wales: the general limit in a magistrates’ court or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA47(1)\nFalse representation or fraud for purpose of obtaining or extending moratorium.\n1.On indictment\n2.Summary.\n2 years or a fine or both\nOn conviction in England and Wales: the general limit in a magistrates’ court or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\nA49(5)\nDirectors failing to notify regulator of qualifying decision procedure in relation to regulated company\n1.On indictment\n2.Summary.\n2 years or a fine or both\nOn conviction in England and Wales: the general limit in a magistrates’ court or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.\n6A(1).\nFalse representation or fraud for purpose of obtaining members’ or creditors’ approval of proposed voluntary arrangement.\n1. On indictment.\n2. Summary.\n7 years or a fine, or both.\n6 months or the statutory maximum, or both.\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n30\nBody corporate acting as receiver.\n1.On indictment\n2.Summary.\nA fine.\nThe statutory maximum.\n31\n. . . bankrupt or person in respect of whom a debt relief order is made acting as receiver or manager.\n1.On indictment\n2.Summary.\n2 years or a fine, or both.\n6 months or the statutory maximum, or both.\n38(5)\nReceiver failing to deliver accounts to registrar.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n39(2)\nCompany and others failing to state in correspondence that receiver appointed.\nSummary.\nOne-fifth of the statutory maximum.\n43(6)\nAdministrative receiver failing to file copy of order permitting disposal of charged property.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n45(5)\nAdministrative receiver failing to file notice of vacation of office.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n46(4)\nAdministrative receiver failing to give notice of his appointment.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n47(6)\nFailure to comply with provisions relating to statement of affairs, where administrative receiver appointed.\n1.On indictment\n2.Summary.\nA fine.\nThe statutory maximum.\nOne-tenth of the statutory maximum.\n48(8)\nAdministrative receiver failing to comply with requirements as to his report.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n51(4)\nBody corporate or Scottish firm acting as receiver.\n1.On indictment\n2.Summary.\nA fine.\nThe statutory maximum.\n51(5)\nUndischarged bankrupt acting as receiver (Scotland).\n1.On indictment\n2.Summary.\n2 years or a fine, or both.\n6 months or the statutory maximum, or both.\n53(2)\nFailing to deliver to registrar copy of instrument of appointment of receiver.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n54(3)\nFailing to deliver to registrar the court’s interlocutor appointing receiver.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n61(7)\nReceiver failing to send to registrar certified copy of court order authorising disposal of charged property.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n62(5)\nFailing to give notice to registrar of cessation or removal of receiver.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n64(2)\nCompany and others failing to state on correspondence etc. that receiver appointed.\nSummary.\nOne-fifth of the statutory maximum.\n65(4)\nReceiver failing to send or publish notice of his appointment.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n66(6)\nFailing to comply with provisions concerning statement of affairs, where receiver appointed.\n1.On indictment\n2.Summary.\nA fine.\nThestatutory maximum.\nOne-tenth of the statutory maximum.\n67(8)\nReceiver failing to comply with requirements as to his report.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n85(2)\nCompany failing to give notice in Gazette of resolution for voluntary winding up.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n89(4)\nDirector making statutory declaration of company’s solvency without reasonable grounds for his opinion.\n1.On indictment\n2.Summary.\n2 years or a fine, or both.\n6 months or the statutory maximum.\n89(6)\nDeclaration under section 89 not delivered to registrar within prescribed time.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n92A(2)\nLiquidator failing to send progress report to members ...\nSummary\nLevel 3 on the standard scale\n93(3)\nLiquidator failing to summon general meeting of company at each year’s end.\nSummary.\nOne-fifth of the statutory maximum.\n94(4)\nLiquidator failing to send to company members a copy of account of winding up\nSummary.\nLevel 3 on the standard scale\n94(5)\nLiquidator failing to send to registrar a copy of account of winding up\nSummary.\nLevel 3 on the standard scale\nOne tenth of level 3 on the standard scale\n95(8)\nLiquidator failing to comply with s. 95(1) to (4A), where company insolvent.\nSummary.\nThe statutory maximum.\n. . .\n. . .\n. . .\n. . .\n99(3)\nDirectors failing to send statement in prescribed form to creditors.\n1.On indictment\n2.Summary.\nA fine.\nThestatutory maximum.\n104A(2)\nLiquidator failing to send progress report to members and creditors ...\nSummary\nLevel 3 on the standard scale\n105(3)\nLiquidator failing to summon company general meeting and creditors’ meeting at each year’s end.\nSummary.\nOne-fifth of the statutory maximum.\n106(5)\nLiquidator failing to send to company members and creditors a copy of account of winding up\nSummary\nLevel 3 on the standard scale\n106(6)\nLiquidator failing to send to registrar a copy of account of winding up\nSummary\nLevel 3 on the standard scale\nOne tenth of level 3 on the standard scale.\n109(2)\nLiquidator failing to publish notice of his appointment.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n114(4)\nDirectors exercising powers in breach of s. 114, where no liquidator.\nSummary.\nThe statutory maximum.\n131(7)\nFailing to comply with requirements as to statement of affairs, where liquidator appointed.\n1.On indictment\n2.Summary.\nA fine.\nThe statutory maximum.\nOne-tenth of the statutory maximum.\n164\nGiving, offering etc. corrupt inducement affecting appointment of liquidator.\n1.On indictment\n2.Summary.\nA fine.\nThe statutory maximum.\n166(7)\nLiquidator failing to comply with requirements of s. 166 in creditors’ voluntary winding up.\nSummary.\nThe statutory maximum.\n188(2)\nDefault in compliance with s. 188 as to notification that company being wound up.\nSummary.\nOne-fifth of the statutory maximum.\n192(2)\nLiquidator failing to notify registrar as to progress of winding up.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n201(4)\nFailing to deliver to registrar copy of court order deferring dissolution.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n203(6)\nFailing to deliver to registrar copy of directions or result of appeal under s. 203.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n204(7)\nLiquidator failing to deliver to registrar copy of court order for early dissolution.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n204(8)\nFailing to deliver to registrar copy of court order deferring early dissolution.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n205(7)\nFailing to deliver to registrar copy of Secretary of State’s directions or court order deferring dissolution.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n206(1)\nFraud etc. in anticipation of winding up.\n1.On indictment\n2.Summary.\n7 years or a fine, or both.\n6 months or the statutory maximum, or both.\n206(2)\nPrivity to fraud in anticipation of winding up; fraud, or privity to fraud, after commmencement of winding up.\n1.On indictment\n2.Summary.\n7 years or a fine, or both.\n6 months or the statutory maximum, or both.\n206(5)\nKnowingly taking in pawn or pledge, or otherwise receiving, company property.\n1.On indictment\n2.Summary.\n7 years or a fine, or both.\n6 months or the statutory maximum, or both.\n207\nOfficer of company entering into transaction in fraud of company’s creditors.\n1.On indictment\n2.Summary.\n2 years or a fine, or both.\n6 months or the statutory maximum, or both.\n208\nOfficer of company misconducting himself in course of winding up.\n1.On indictment\n2.Summary.\n7 years or a fine, or both.\n6 months or the statutory maximum, or both.\n209\nOfficer or contributory destroying, falsifying, etc. company’s books.\n1.On indictment\n2.Summary.\n7 years or a fine, or both.\n6 months or the statutory maximum, or both.\n210\nOfficer of company making material omission from statement relating to company’s affairs.\n1.On indictment\n2.Summary.\n7 years or a fine, or both.\n6 months or the statutory maximum, or both.\n211\nFalse representation or fraud for purpose of obtaining creditors’ consent to an agreement in connection with winding up.\n1.On indictment\n2.Summary.\n7 years or a fine, or both.\n6 months or the statutory maximum, or both.\n216(4)\nContravening restrictions on re-use of name of company in insolvent liquadation.\n1.On indictment\n2.Summary.\n2 years or a fine, or both.\n6 months or the statutory maximum, or both.\n235(5)\nFailing to co-operate with office-holder.\n1.On indictment\n2.Summary.\nA fine.\nThestatutory maximum\nOne-tenth of the statutory maximum.\n251O(1)\nFalse representations or omissions in making an application for a debt relief order.\n1. On indictment\n2. Summary\n7 years or a fine, or both.\n12 months or the statutory maximum, or both.\n251O(2)(a)\nFailing to comply with duty in connection with an application for a debt relief order.\n1. On indictment\n2. Summary\n2 years or a fine, or both.\n12 months or the statutory maximum, or both.\n251O(2)(b)\nFalse representations or omissions in connection with duty in relation to an application for a debt relief order.\n1. On indictment\n2. Summary\n7 years or a fine, or both.\n12 months or the statutory maximum, or both.\n251O(4)(a)\nFailing to comply with duty in connection with a debt relief order.\n1. On indictment\n2. Summary\n2 years or a fine, or both.\n12 months or the statutory maximum, or both.\n251O(4)(b)\nFalse representations or omissions in connection with a duty in relation to a debt relief order.\n1. On indictment\n2. Summary\n7 years or a fine, or both.\n12 months or the statutory maximum, or both.\n251P(1)\nFailing to deliver books, records and papers to official receiver, concealing or destroying them or making false entries in them by person in respect of whom a debt relief order is made.\n1. On indictment\n2. Summary\n7 years or a fine, or both.\n12 months or the statutory maximum, or both.\n251P(2)\nPerson in respect of whom debt relief order is made doing anything falling within paragraphs (c) to (e) of section 251P(1) during the period of 12 months ending with the application date or doing anything falling within paragraphs (b) to (e) of section 251P(1) after that date but before the effective date.\n1. On indictment\n2. Summary\n7 years or a fine, or both.\n12 months or the statutory maximum, or both.\n251Q(1)\nFraudulent disposal of property by person in respect of whom a debt relief order is made.\n1. On indictment\n2. Summary\n2 years or a fine, or both.\n12 months or the statutory maximum, or both.\n251R(1)\nDisposal of property that is not paid for by person in respect of whom a debt relief order is made.\n1. On indictment\n2. Summary\n7 years or a fine, or both.\n12 months or the statutory maximum, or both.\n251R(2)\nObtaining property in respect of which money is owed by a person in respect of whom a debt relief order is made.\n1. On indictment\n2. Summary\n7 years or a fine, or both.\n12 months or the statutory maximum, or both.\n251S(1)\nPerson in respect of whom a debt relief order is made obtaining credit or engaging in business without disclosing his status or name.\n1. On indictment\n2. Summary\n2 years or a fine, or both.\n12 months or the statutory maximum, or both.\n262A(1).\nFalse representation or fraud for purpose of obtaining creditors’ approval of proposed voluntary arrangement.\n1.On indictment\n2.Summary.\n7 years or a fine, or both.\n6 months or the statutory maximum, or both.\n263O\nFalse representations or omissions in connection with a bankruptcy application.\n1 On indictment\n2 Summary\n1 7 years or a fine, or both.\n2 12 months or the statutory maximum, or both.\n353(1)\nBankrupt failing to disclose property or disposals to official receiver or trustee.\n1.On indictment\n2.Summary.\n7 years or a fine, or both.\n6 months or the statutory maximum, or both.\n354(1)\nBankrupt failing to deliver property to, or concealing property from, official receiver or trustee.\n1.On indictment\n2.Summary.\n7 years or a fine, or both.\n6 months or the statutory maximum, or both.\n354(2)\nBankrupt removing property which he is required to deliver to official receiver or trustee.\n1.On indictment\n2.Summary.\n7 years or a fine, or both.\n6 months or the statutory maximum, or both.\n354(3)\nBankrupt failing to account for loss of substantial part of property.\n1.On indictment\n2.Summary.\n2years or a fine, or both.\n6 months or the statutory maximum, or both.\n355(1)\nBankrupt failing to deliver books, papers and records to official receiver or trustee.\n1.On indictment\n2.Summary.\n7 years or a fine, or both.\n6 months or the statutory maximum, or both.\n355(2)\nBankrupt concealing, destroying etc. books, papers or records, or making false entries in them.\n1.On indictment\n2.Summary.\n7 years or a fine, or both.\n6 months or the statutory maximum, or both.\n355(3)\nBankrupt disposing of, or altering, books, papers or records relating to his estate or affairs.\n1.On indictment\n2.Summary.\n7 years or a fine, or both.\n6 months or the statutory maximum, or both.\n356(1)\nBankrupt making material omission in statement relating to his affairs.\n1.On indictment\n2.Summary.\n7 years or a fine, or both.\n6 months or the statutory maximum, or both.\n356(2)\nBankrupt making false statement, or failing to inform trustee, where false debt proved.\n1.On indictment\n2.Summary.\n7 ears or a fine, or both.\n6 months or the statutory maximum, or both.\n357\nBankrupt fraudulently disposing of property.\n1.On indictment\n2.Summary.\n2 years or a fine, or both.\n6 months or the statutory maximum, or both.\n358\nBankrupt absconding with property he is required to deliver to official receiver or trustee.\n1.On indictment\n2.Summary.\n2 years or a fine, or both.\n6 months or the statutory maximum, or both.\n359(1)\nBankrupt disposing of property obtained on credit and not paid for.\n1.On indictment\n2.Summary.\n7 years or a fine, or both.\n6 months or the statutory maximum, or both.\n359(2)\nObtaining property in respect of which money is owed by a bankrupt.\n1.On indictment\n2.Summary.\n7 years or a fine, or both.\n6 months or the statutory maximum, or both.\n360(1)\nBankrupt obtaining credit or engaging in business without disclosing his status or name in which he was made bankrupt.\n1.On indictment\n2.Summary.\n2 years or a fine, or both.\n6 months or the statutory maximum, or both.\n360(3)\nPerson made bankrupt in Scotland or Northern Ireland obtaining credit, etc. in England and Wales.\n1.On indictment\n2.Summary.\n2 years or a fine, or both.\n6 months or the statutory maximum, or both.\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n389\nActing as insolvency practitioner when not qualified.\n1.On indictment\n2.Summary.\n2 years or a fine, or both.\n6 months or the statutory maximum, or both.\n429(5)\nContravening s. 429 in respect of disabilities imposed by county court on revocation of administration order.\n1.On indictment\n2.Summary.\n2 years or a fine, or both.\n6 months or the statutory maximum, or both.\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\n. . .\nSch. B1, para. 18(7).\nMaking false statement in statutory declaration where administrator appointed by holder of floating charge.\n1. On indictment.\n2. Summary.\n2 years, or a fine or both.\n6 months, or the statutory maximum or both.\nSch. B1, para. 20.\nHolder of floating charge failing to notify administrator or others of commencement of appointment.\n1. On indictment.\n2. Summary.\n2 years, or a fine or both.\n6 months, or the statutory maximum or both.\nOne-tenth of the statutory maximum.\nSch. B1, para. 27(4).\nMaking false statement in statutory declaration where appointment of administrator proposed by company or directors.\n1. On indictment.\n2. Summary.\n2 years, or a fine or both.\n6 months, or the statutory maximum or both.\nSch. B1, para. 29(7).\nMaking false statement in statutory declaration where administrator appointed by company or directors.\n1. On indictment.\n2. Summary.\n2 years, or a fine or both.\n6 months, or the statutory maximum or both.\nSch. B1, para. 32.\nCompany or directors failing to notify administrator or others of commencement of appointment.\n1. On indictment.\n2. Summary.\n2 years, or a fine or both.\n6 months, or the statutory maximum or both.\nOne-tenth of the statutory maximum.\nSch. B1, para. 45(2).\nAdministrator, company or officer failing to state in business document that administrator appointed.\nSummary.\nOne-fifth of the statutory maximum.\nSch. B1, para. 46(9).\nAdministrator failing to give notice of his appointment.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\nSch. B1, para. 48(4).\nFailing to comply with provisions about statement of affairs where administrator appointed.\n1. On indictment.\n2. Summary.\nA fine.\nThe statutory maximum.\nOne-tenth of the statutory maximum.\nSch. B1, para. 49(7).\nAdministrator failing to send out statement of his proposals.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\nSch. B1, para. 51(5).\nAdministrator failing to seek creditors' decision.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\nSch. B1, para. 53(3).\nAdministrator failing to report decision taken by creditors.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\nSch. B1, para. 54(7).\nAdministrator failing to report creditors' decision on revised proposal.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\nSch. B1, para. 56(2).\nAdministrator failing to seek creditors' decision.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\nSch. B1, para. 71(6).\nAdministrator failing to file court order enabling disposal of charged property.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\nSch. B1, para. 72(5).\nAdministrator failing to file court order enabling disposal of hire-purchase property.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\nSch. B1, para. 77(3).\nAdministrator failing to notify Registrar of Companies of automatic end of administration.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\nSch. B1, para. 78(6).\nAdministrator failing to give notice of extension by consent of term of office.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\nSch. B1, para. 80(6).\nAdministrator failing to give notice of termination of administration where objective achieved.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\nSch. B1, para. 84(9).\nAdministrator failing to comply with provisions where company moves to dissolution.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\nSch. B1, para. 86(3).\nAdministrator failing to notify Registrar of Companies where court terminates administration.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\nSch. B1, para. 89(3).\nAdministrator failing to give notice on ceasing to be qualified.\nSummary.\nOne-fifth of the statutory maximum.\nOne-fiftieth of the statutory maximum.\n. . .\n. . .\n. . .\n. . .",
  "extent": "E+W+S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Note in Sch. 10 repealed (5.11.1993) by 1993 c. 50, s. 1(1), Sch. 1 Pt. XIV Group 2"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Entries in Sch. 10 inserted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 3 para. 33(3) (with ss. 2(2), 5(2))"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in Sch. 10 Table substituted (7.2.2023 at 12.00 p.m.) by The Judicial Review and Courts Act 2022 (Magistrates’ Court Sentencing Powers) Regulations 2023 (S.I. 2023/149), regs. 1(2), 6(2)(a)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in Sch. 10 Table substituted (7.2.2023 at 12.00 p.m.) by The Judicial Review and Courts Act 2022 (Magistrates’ Court Sentencing Powers) Regulations 2023 (S.I. 2023/149), regs. 1(2), 6(2)(b)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Words in Sch. 10 Table substituted (7.2.2023 at 12.00 p.m.) by The Judicial Review and Courts Act 2022 (Magistrates’ Court Sentencing Powers) Regulations 2023 (S.I. 2023/149), regs. 1(2), 6(2)(c)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Words in Sch. 10 Table substituted (7.2.2023 at 12.00 p.m.) by The Judicial Review and Courts Act 2022 (Magistrates’ Court Sentencing Powers) Regulations 2023 (S.I. 2023/149), regs. 1(2), 6(2)(d)"
    },
    {
      "type": "F",
      "label": "F7",
      "text": "Words in Sch. 10 Table substituted (7.2.2023 at 12.00 p.m.) by The Judicial Review and Courts Act 2022 (Magistrates’ Court Sentencing Powers) Regulations 2023 (S.I. 2023/149), regs. 1(2), 6(2)(e)"
    },
    {
      "type": "F",
      "label": "F8",
      "text": "Words in Sch. 10 Table substituted (7.2.2023 at 12.00 p.m.) by The Judicial Review and Courts Act 2022 (Magistrates’ Court Sentencing Powers) Regulations 2023 (S.I. 2023/149), regs. 1(2), 6(2)(f)"
    },
    {
      "type": "F",
      "label": "F9",
      "text": "Words in Sch. 10 Table substituted (7.2.2023 at 12.00 p.m.) by The Judicial Review and Courts Act 2022 (Magistrates’ Court Sentencing Powers) Regulations 2023 (S.I. 2023/149), regs. 1(2), 6(2)(g)"
    },
    {
      "type": "F",
      "label": "F10",
      "text": "Words in Sch. 10 Table substituted (7.2.2023 at 12.00 p.m.) by The Judicial Review and Courts Act 2022 (Magistrates’ Court Sentencing Powers) Regulations 2023 (S.I. 2023/149), regs. 1(2), 6(2)(h)"
    },
    {
      "type": "F",
      "label": "F11",
      "text": "Words in Sch. 10 Table substituted (7.2.2023 at 12.00 p.m.) by The Judicial Review and Courts Act 2022 (Magistrates’ Court Sentencing Powers) Regulations 2023 (S.I. 2023/149), regs. 1(2), 6(2)(i)"
    },
    {
      "type": "F",
      "label": "F12",
      "text": "Words in Sch. 10 Table substituted (7.2.2023 at 12.00 p.m.) by The Judicial Review and Courts Act 2022 (Magistrates’ Court Sentencing Powers) Regulations 2023 (S.I. 2023/149), regs. 1(2), 6(2)(j)"
    },
    {
      "type": "F",
      "label": "F13",
      "text": "Words in Sch. 10 Table substituted (7.2.2023 at 12.00 p.m.) by The Judicial Review and Courts Act 2022 (Magistrates’ Court Sentencing Powers) Regulations 2023 (S.I. 2023/149), regs. 1(2), 6(2)(k)"
    },
    {
      "type": "F",
      "label": "F14",
      "text": "Words in Sch. 10 Table substituted (7.2.2023 at 12.00 p.m.) by The Judicial Review and Courts Act 2022 (Magistrates’ Court Sentencing Powers) Regulations 2023 (S.I. 2023/149), regs. 1(2), 6(2)(l)"
    },
    {
      "type": "F",
      "label": "F15",
      "text": "Words in Sch. 10 Table substituted (7.2.2023 at 12.00 p.m.) by The Judicial Review and Courts Act 2022 (Magistrates’ Court Sentencing Powers) Regulations 2023 (S.I. 2023/149), regs. 1(2), 6(2)(m)"
    },
    {
      "type": "F",
      "label": "F16",
      "text": "Words in Sch. 10 Table substituted (7.2.2023 at 12.00 p.m.) by The Judicial Review and Courts Act 2022 (Magistrates’ Court Sentencing Powers) Regulations 2023 (S.I. 2023/149), regs. 1(2), 6(2)(n)"
    },
    {
      "type": "F",
      "label": "F17",
      "text": "Words in Sch. 10 Table substituted (7.2.2023 at 12.00 p.m.) by The Judicial Review and Courts Act 2022 (Magistrates’ Court Sentencing Powers) Regulations 2023 (S.I. 2023/149), regs. 1(2), 6(2)(o)"
    },
    {
      "type": "F",
      "label": "F18",
      "text": "Entry in Sch. 10 inserted (1.1.2003) by 2000 c. 39, s. 2, Sch. 2 Pt. I para. 12; S.I. 2002/2711, art. 2 (subject to transitional provisions in arts. 3-5)"
    },
    {
      "type": "F",
      "label": "F19",
      "text": "Entries in Sch. 10 repealed (15.9.2003) by 2002 c. 40, ss. 248(3), 278, 279, Sch. 17 para. 39(3)(a)-(h), Sch. 26 (with s. 249(1)-(3)(6)); S.I. 2003/2093, art. 2(1), Sch. 1 (subject to arts. 3-8 (as amended by S.I. 2003/2332, art. 2))"
    },
    {
      "type": "F",
      "label": "F20",
      "text": "Word in entry in Sch. 10 repealed (1.4.2004) by 2002 c. 40, ss. 269, 278, 279, Sch. 23 para. 17(a), Sch. 26 (with s. 249(6)); S.I. 2003/2093, art. 2(2), Sch. 2 (subject to arts. 3-8 (as amended by S.I. 2003/2332, art. 2))"
    },
    {
      "type": "F",
      "label": "F21",
      "text": "Words in Table in Sch. 10 inserted (24.2.2009 for certain purposes otherwise 6.4.2009) by Tribunals, Courts and Enforcement Act 2007 (c. 15), ss. 108(3), 148(5), Sch. 20 para. 15(2) (with Sch. 20 para. 15(4)); S.I. 2009/382, art. 2"
    },
    {
      "type": "F",
      "label": "F22",
      "text": "Words in Sch. 10 substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009, (S.I. 2009/1941) arts. 2(1), 8, {Sch. 1 para. 80} (with art. 10, Sch. 1 para. 84)"
    },
    {
      "type": "F",
      "label": "F23",
      "text": "Entry in Sch. 10 inserted (6.4.2010) by The Legislative Reform (Insolvency) (Miscellaneous Provisions) Order 2010 (S.I. 2010/18), art. 6(5)(a)"
    },
    {
      "type": "F",
      "label": "F24",
      "text": "Words in Sch. 10 omitted (26.5.2015) by virtue of Small Business, Enterprise and Employment Act 2015 (c. 26), ss. 136(4)(a), 164(3)(i)(v)"
    },
    {
      "type": "F",
      "label": "F25",
      "text": "Words in Sch. 10 repealed (S.) (1.4.2016 for specified purposes, 6.4.2019 in so far as not already in force) by The Public Services Reform (Insolvency) (Scotland) Order 2016 (S.S.I. 2016/141), arts. 1(3)(4), 5(3) (with arts. 14, 15) (see S.I. 2019/816, reg. 4(a))"
    },
    {
      "type": "F",
      "label": "F26",
      "text": "Words in Sch. 10 substituted (26.5.2015 for specified purposes, 6.4.2017 for E.W. in so far as not already in force, 6.4.2019 for S. in so far as not already in force) by Small Business, Enterprise and Employment Act 2015 (c. 26), s. 164(1), Sch. 9 para. 53(2); S.I. 2015/1329, reg. 3(d); S.I. 2016/1020, reg. 4(e) (with reg. 5) (as amended by S.I. 2017/363, reg. 3); S.I. 2019/816, reg. 4(c) (with reg. 5)"
    },
    {
      "type": "F",
      "label": "F27",
      "text": "Words in Sch. 10 substituted (26.5.2015 for specified purposes, 6.4.2017 for E.W. in so far as not already in force, 6.4.2019 for S. in so far as not already in force) by Small Business, Enterprise and Employment Act 2015 (c. 26), s. 164(1), Sch. 9 para. 53(3); S.I. 2015/1329, reg. 3(d); S.I. 2016/1020, reg. 4(e) (with reg. 5) (as amended by S.I. 2017/363, reg. 3); S.I. 2019/816, reg. 4(c) (with reg. 5)"
    },
    {
      "type": "F",
      "label": "F28",
      "text": "Words in Sch. 10 omitted (26.5.2015 for specified purposes, 6.4.2017 for E.W. in so far as not already in force, 6.4.2019 for S. in so far as not already in force) by virtue of Small Business, Enterprise and Employment Act 2015 (c. 26), s. 164(1), Sch. 9 para. 53(4); S.I. 2015/1329, reg. 3(d); S.I. 2016/1020, reg. 4(e) (with reg. 5) (as amended by S.I. 2017/363, reg. 3); S.I. 2019/816, reg. 4(c) (with reg. 5)"
    },
    {
      "type": "F",
      "label": "F29",
      "text": "Words in Sch. 10 substituted (26.5.2015 for specified purposes, 6.4.2017 for E.W. in so far as not already in force, 6.4.2019 for S. in so far as not already in force) by Small Business, Enterprise and Employment Act 2015 (c. 26), s. 164(1), Sch. 9 para. 53(5); S.I. 2015/1329, reg. 3(d); S.I. 2016/1020, reg. 4(e) (with reg. 5) (as amended by S.I. 2017/363, reg. 3); S.I. 2019/816, reg. 4(c) (with reg. 5)"
    },
    {
      "type": "F",
      "label": "F30",
      "text": "Entry in Sch. 10 inserted (6.4.2010) by The Legislative Reform (Insolvency) (Miscellaneous Provisions) Order 2010 (S.I. 2010/18), art. 6(5)(b)"
    },
    {
      "type": "F",
      "label": "F31",
      "text": "Words in Sch. 10 omitted (26.5.2015) by virtue of Small Business, Enterprise and Employment Act 2015 (c. 26), ss. 136(4)(b), 164(3)(i)(v)"
    },
    {
      "type": "F",
      "label": "F32",
      "text": "Words in Sch. 10 repealed (S.) (1.4.2016 for specified purposes, 6.4.2019 in so far as not already in force) by The Public Services Reform (Insolvency) (Scotland) Order 2016 (S.S.I. 2016/141), arts. 1(3)(4), 6(3) (with arts. 14, 15) (see S.I. 2019/816, reg. 4(a))"
    },
    {
      "type": "F",
      "label": "F33",
      "text": "Words in Sch. 10 substituted (26.5.2015 for specified purposes, 6.4.2017 for E.W. in so far as not already in force, 6.4.2019 for S. in so far as not already in force) by Small Business, Enterprise and Employment Act 2015 (c. 26), s. 164(1), Sch. 9 para. 53(6); S.I. 2015/1329, reg. 3(d); S.I. 2016/1020, reg. 4(e) (with reg. 5) (as amended by S.I. 2017/363, reg. 3); S.I. 2019/816, reg. 4(c) (with reg. 5)"
    },
    {
      "type": "F",
      "label": "F34",
      "text": "Entries in Sch. 10 inserted (24.2.2009 for certain purposes otherwise 6.4.2009) by Tribunals, Courts and Enforcement Act 2007 (c. 15), ss. 108(3), 148(5), Sch. 20 para. 15(3) (with Sch. 20 para. 15(4)); S.I. 2009/382, art. 2"
    },
    {
      "type": "F",
      "label": "F35",
      "text": "Entry in Sch. 10 inserted (1.1.2003) by 2000 c. 39, s. 3, Sch. 3 para. 16; S.I. 2002/2711, art. 2 (subject to transitional provisions in arts. 3-5)"
    },
    {
      "type": "F",
      "label": "F36",
      "text": "Words in Sch. 10 inserted (6.4.2016) by Enterprise and Regulatory Reform Act 2013 (c. 24), s. 103(3), Sch. 19 para. 66 (with Sch. 19 para. 66(2)); S.I. 2016/191, art. 2 (with art. 3)"
    },
    {
      "type": "F",
      "label": "F37",
      "text": "Entry in Sch. 10 repealed (1.4.2004) by 2002 c. 40, ss. 269, 279, Sch. 23 para. 17(b), Sch. 26 (with s. 249(6)); S.I. 2003/2093, art. 2(2), Sch. 2 (subject to arts. 3-8 (as amended by S.I. 2003/2332, art. 2))"
    },
    {
      "type": "F",
      "label": "F38",
      "text": "Entries in Sch. 10 omitted (26.6.2020) by virtue of Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 3 para. 33(2) (with ss. 2(2), 5(2))"
    },
    {
      "type": "F",
      "label": "F39",
      "text": "Entries in Sch. 10 inserted (15.9.2003) by 2002 c. 40, ss. 248(3), 279, Sch. 17 para. 39(2) (with s. 249(1)-(3)(6)); S.I. 2003/2093, art. 2(1), Sch. 1 (subject to arts. 3-8 (as amended by S.I. 2003/2332, art. 2))"
    },
    {
      "type": "F",
      "label": "F40",
      "text": "Words in Sch. 10 substituted (26.5.2015 for specified purposes, 6.4.2017 for E.W. in so far as not already in force, 6.4.2019 for S. in so far as not already in force) by Small Business, Enterprise and Employment Act 2015 (c. 26), s. 164(1), Sch. 9 para. 11(2); S.I. 2015/1329, reg. 3(d); S.I. 2016/1020, reg. 4(e) (with reg. 5) (as amended by S.I. 2017/363, reg. 3); S.I. 2019/816, reg. 4(c) (with reg. 5)"
    },
    {
      "type": "F",
      "label": "F41",
      "text": "Words in Sch. 10 substituted (26.5.2015 for specified purposes, 6.4.2017 for E.W. in so far as not already in force, 6.4.2019 for S. in so far as not already in force) by Small Business, Enterprise and Employment Act 2015 (c. 26), s. 164(1), Sch. 9 para. 11(3); S.I. 2015/1329, reg. 3(d); S.I. 2016/1020, reg. 4(e) (with reg. 5) (as amended by S.I. 2017/363, reg. 3); S.I. 2019/816, reg. 4(c) (with reg. 5)"
    },
    {
      "type": "F",
      "label": "F42",
      "text": "Words in Sch. 10 inserted (26.5.2015 for specified purposes, 6.4.2017 for E.W. in so far as not already in force, 6.4.2019 for S. in so far as not already in force) by Small Business, Enterprise and Employment Act 2015 (c. 26), s. 164(1), Sch. 9 para. 11(4); S.I. 2015/1329, reg. 3(d); S.I. 2016/1020, reg. 4(e) (with reg. 5) (as amended by S.I. 2017/363, reg. 3); S.I. 2019/816, reg. 4(c) (with reg. 5)"
    },
    {
      "type": "F",
      "label": "F43",
      "text": "Words in Sch. 10 substituted (26.5.2015 for specified purposes, 6.4.2017 for E.W. in so far as not already in force, 6.4.2019 for S. in so far as not already in force) by Small Business, Enterprise and Employment Act 2015 (c. 26), s. 164(1), Sch. 9 para. 11(5); S.I. 2015/1329, reg. 3(d); S.I. 2016/1020, reg. 4(e) (with reg. 5) (as amended by S.I. 2017/363, reg. 3); S.I. 2019/816, reg. 4(c) (with reg. 5)"
    },
    {
      "type": "F",
      "label": "F44",
      "text": "Words in Sch. 10 omitted (1.10.2015) by virtue of Deregulation Act 2015 (c. 20), s. 115(7), Sch. 6 para. 22(5)(b); S.I. 2015/1732, art. 2(e)(vi) (with art. 7)"
    },
    {
      "type": "C",
      "label": "C1",
      "text": "Sch. 10: entry relating to s. 93(3) modified (S.) (6.4.2001) by S.S.I. 2001/128, reg. 4(2), Sch. 3"
    },
    {
      "type": "C",
      "label": "C2",
      "text": "Sch. 10: entry relating to s. 105(3) modified (S.) (6.4.2001) by S.S.I. 2001/128, reg. 4(2), Sch. 3"
    },
    {
      "type": "C",
      "label": "C3",
      "text": "Sch. 10 applied (with modifications) (6.6.2013) by The Collective Investment in Transferable Securities (Contractual Scheme) Regulations 2013 (S.I. 2013/1388), Pt. 3 reg. 1, Sch. 2 paras. 3, 5 Table (with reg. 24)"
    },
    {
      "type": "C",
      "label": "C4",
      "text": "Sch. 10 applied (with modifications) (E.W.S.) (8.7.2021) by The Payment and Electronic Money Institution Insolvency Regulations 2021 (S.I. 2021/716), regs. 2, 37 (with reg. 5) (as amended (4.1.2024) by S.I. 2023/1399, regs. 1(2), 4, 11)"
    },
    {
      "type": "C",
      "label": "C5",
      "text": "Sch. 10 applied in part (with modifications) (E.W.S.) (4.1.2024) by The Payment and Electronic Money Institution Insolvency Regulations 2021 (S.I. 2021/716), Sch. 1 para. 3 (with reg. 5) (as amended by S.I. 2023/1399, regs. 1(2), 4, 20)"
    },
    {
      "type": "C",
      "label": "C6",
      "text": "Sch. 10 applied (with modifications) (E.W.) (15.3.2024) by The Water Industry (Special Administration) Regulations 2024 (S.I. 2024/205), regs. 2(2), 5(1), 53 (with reg. 64)"
    }
  ],
  "outstanding_effects": [
    {
      "type": "entries repealed",
      "affecting": "ukpga/1989/40",
      "affecting_title": "Companies Act 1989"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1986/45/schedule/10/paragraph/wrapper1n1",
    "retrieved_at": "2026-11-06T03:34:54.608720+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."
}