{
  "url": "https://openlegislation.uk/investment-bank-special-administration-scotland-rules-2011/rule-163",
  "json_url": "https://openlegislation.uk/investment-bank-special-administration-scotland-rules-2011/rule-163.json",
  "legislation": "uksi/2011/2262",
  "legislation_title": "The Investment Bank Special Administration (Scotland) Rules 2011",
  "legislation_url": "https://openlegislation.uk/investment-bank-special-administration-scotland-rules-2011",
  "path": "rule/163",
  "kind": "rule",
  "number": "163",
  "heading": "Punishment of offences",
  "text": "(1) Where the administrator commits an offence under rule 100(4) (administrator failing to send notification as to progress of administration)—\n(a) the offence shall be punishable on summary conviction;\n(b) the maximum punishment by way of fine shall be one-fifth of the statutory maximum; and\n(c) a person convicted of the offence after continued contravention is liable to a daily default fine which shall be one-fiftieth of the statutory maximum; that is to say, that person is liable on a second or subsequent conviction of the offence to this amount for each day on which the contravention is continued instead of the penalty specified for the offence in sub-paragraph (b).\n(2) Section 431 of the 1986 Act (summary proceedings), as it applies to Scotland, has effect in relation to this offence as to offences under the 1986 Act.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Section 431 has been amended by the Criminal Procedure (Consequential Provisions) (Scotland) Act 1995 (c.40), Schedule 4."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2011/2262/rule/163",
    "retrieved_at": "2026-10-29T01:55:34.289957+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."
}