# The Payment and Electronic Money Institution Insolvency (Northern Ireland) Rules 2026, Schedule: Punishment of offences

Extent: N.I.

Rule creating offence
General nature of offence
Mode of prosecution
Punishment
Daily default fine (where applicable)
Rule 87
Administrator failing to send a progress report
Summary
Level 3 on the standard scale
One-tenth of level 3 on the standard scale
Rule 180
Failure to comply with administrator’s duties on vacating office
Summary
Level 3 on the standard scale
One-tenth of level 3 on the standard scale
Rule 245
False representation of status for purpose of inspecting documents
1. On indictment
2 years imprisonment or a fine, or both
2. Summary
6 months imprisonment, or a fine limited to the statutory maximum, or both

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Source: https://www.legislation.gov.uk/nisr/2026/11/schedule (the official version)
Page: https://openlegislation.uk/payment-and-electronic-money-institution-insolvency-northern-ireland-rules-2026/schedule
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.