Investment Funds, Companies and Miscellaneous Provisions Act 2005
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Amendment of section 22 of Companies (Amendment) Act 1986. |
66.— Section 22 of the Companies (Amendment) Act 1986 is amended— | |
(a) in subsection (1)— | ||
(i) in paragraph (a), by substituting “shall be guilty of an offence” for “shall be liable on summary conviction to a fine not exceeding £1,000”, and | ||
(ii) in paragraph (b), by substituting “Summary proceedings” for “Proceedings”, | ||
and | ||
(b) in subsection (2), by substituting “in respect of each such failure be guilty of an offence, but—” for “in respect of each offence be liable on summary conviction to imprisonment for a term not exceeding 6 months, or, at the discretion of the court to a fine not exceeding £1,000 or to both so, however, that—”. |