# The Insurance Companies (Amendment) Regulations 1992, Regulation 14: Default in complying with regulation 13


(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.

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Source: https://www.legislation.gov.uk/uksi/1992/2890/regulation/14 (the official version)
Page: https://openlegislation.uk/insurance-companies-amendment-regulations-1992/regulation-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.