{
  "url": "https://openlegislation.uk/overseas-companies-regulations-2009/regulation-29",
  "json_url": "https://openlegislation.uk/overseas-companies-regulations-2009/regulation-29.json",
  "legislation": "uksi/2009/1801",
  "legislation_title": "The Overseas Companies Regulations 2009",
  "legislation_url": "https://openlegislation.uk/overseas-companies-regulations-2009",
  "path": "regulation/29",
  "kind": "regulation",
  "number": "29",
  "heading": "Penalty for non-compliance",
  "text": "(1) If a company fails to comply with regulation 28(3) an offence is committed by—\n(a) the company, and\n(b) every officer of the company who is in default.\n(2) A person guilty of an offence under paragraph (1) is liable on summary conviction to—\n(a) a fine not exceeding level 5 on the standard scale, and\n(b) for continued contravention, a daily default fine not exceeding one tenth of level 5 on the standard scale one-tenth of the greater of £5,000 or level 4 on the standard scale.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in reg. 29(2)(b) substituted (E.W.) (12.3.2015) by The Legal Aid, Sentencing and Punishment of Offenders Act 2012 (Fines on Summary Conviction) Regulations 2015 (S.I. 2015/664), reg. 1(1), Sch. 3 para. 13(2) (with reg. 5(1))"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2009/1801/regulation/29",
    "retrieved_at": "2026-10-29T03:09:25.534787+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."
}