Paragraph 24 I1

Schedule 7 (punishment of offences) is amended as follows.

After the entry for Article 172(1) insert—

“

172(2)

Officer of company accounting for property by fictitious losses or expenses.

1. On indictment. 2. Summary.

7 years or a fine, or both. 6 months or the statutory maximum, or both.

-

”.

In the entry for Article 174(1), after “affairs” insert “in the course of winding up”.

After the entry for Article 174(1) insert—

“

174(2)

Officer of company making material omission from statement relating to company’s affairs prior to winding up.

1. On indictment. 2. Summary.

7 years or a fine, or both. 6 months or the statutory maximum, or both.

-

”.