PART V E+W+S Miscellaneous and Supplementary

Provisions relating to offences and legal proceedingsE+W+S

74 Offences by companies. E+W+S

(1)Where an offence under Part II . . . F1 of this Act committed by a company is proved to have been committed with the consent or connivance of, or to be attributable to any neglect on the part of, any director, manager, secretary or other similar officer of the company, or any person who was purporting to act in any such capacity, he, as well as the company, shall be guilty of that offence and be liable to be proceeded against and punished accordingly.

(2)Where the affairs of a company are managed by its members, subsection (1) above shall apply in relation to the acts and defaults of a member in connection with his functions of management as if he were a director of the company.

Textual Amendments

Modifications etc. (not altering text)