SCHEDULES
F2SCHEDULE 20DDelivery of Reports and Accounts: Companies to which the Eleventh Company Law Directive applies
Annotations:
Amendments (Textual)
PART ICOMPANIES REQUIRED TO MAKE DISCLOSURE UNDER PARENT LAW
Penalty for non-compliance5
1
If a company fails to comply with paragraph 2 before the end of the period allowed for compliance, it, and every person who immediately before the end of that period was a director of it, is guilty of an offence and liable to a fine and, for continued contravention, to a daily default fine.
2
It is a defence for a person charged with an offence under this paragraph to prove that he took all reasonable steps for securing compliance with paragraph 2.
SR 1993/198