Regulation 19 Offence of failure to comply with regulation 18I1C1
United Kingdom
If a relevant person fails, without reasonable excuse, to comply with regulation 18 an offence is committed by—
the relevant person, and
where the person is a firm, every officer of the firm that is in defaultf1.
For the purposes of this regulation’s application to relevant persons which are companies, a shadow director is treated as a director.
A person guilty of an offence under this regulation is liable on summary conviction to a fine not exceeding level 3 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.
Annotations
Modifications
- C1
Regs. 2-19 applied (with modifications) (4.3.2024) by 2006 c. 46, s. 1097B (as modified by S.I. 2009/1804, reg. 67 (as amended by S.I. 2024/234, regs. 1(2), 40; S.I. 2024/269, reg. 2(a)))
Commencement
- I1
Reg. 19 in force at 4.3.2024, see reg. 1(2)
Footnotes
- f1
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See section 1121(3) of the 2006 Act for the definition of “in default”.