# Insolvency Act 1986, Paragraph 106: Penalties

Extent: E+W+S

(1) A person who is guilty of an offence under this Schedule is liable to a fine (in accordance with section 430 and Schedule 10).
(2) A person who is guilty of an offence under any of the following paragraphs of this Schedule is liable to a daily default fine (in accordance with section 430 and Schedule 10)—
(a) paragraph 20,
(b) paragraph 32,
(c) paragraph 46,
(d) paragraph 48,
(e) paragraph 49,
(f) paragraph 51,
(g) paragraph 53,
(h) paragraph 54,
(i) paragraph 56,
(j) paragraph 71,
(k) paragraph 72,
(l) paragraph 77,
(m) paragraph 78,
(n) paragraph 80,
(o) paragraph 84,
(p) paragraph 86, and
(q) paragraph 89.

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Source: https://www.legislation.gov.uk/ukpga/1986/45/schedule/B1/paragraph/106 (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/schedule-B1/paragraph-106
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

