Companies (Amendment) Act, 1983
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Failure by an old public limited company to re-register as public limited company. |
13.—(1) If, at any time after the end of the period of fifteen months from the appointed day (in this Act referred to as “the re-registration period”), a company which is an old public limited company has not re-registered as a public limited company under section 12 , the company and any officer of the company who is in default shall be guilty of an offence unless at that time the company— | |
(a) has applied to be re-registered under section 12 and the application has not been refused or withdrawn; or | ||
(b) has applied to be re-registered as another form of company. | ||
(2) A person guilty of an offence under subsection (1) shall be liable on summary conviction to a fine not exceeding £250 together with, in the case of a continuing offence, a fine not exceeding £25 for every day on which the offence continues, but not exceeding £500 in total. |