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Regulation 14 Default in complying with regulation 13

Original text. Later amendments are not shown.

(1)

An insurance company commits an offence if it makes default in complying with regulation 13 above.

(2)

A person commits an offence if he causes or permits to be included in a form required by regulation 13 above to be deposited with the Secretary of State a statement which he knows to be false in a material particular or recklessly causes or permits to be so included a statement which is false in a material particular.

(3)

A person committing an offence under this regulation is liable, on summary conviction in England and Wales and Scotland, to a fine not exceeding level 5 on the standard scale and, on summary conviction in Northern Ireland, to a fine not exceeding £2,000.