Economic Crime and Corporate Transparency Act 2023

23Use of name suggesting connection with foreign governments etcU.K.

This section has no associated Explanatory Notes

In the Companies Act 2006, after section 1196 insert—

1196ANames suggesting connection with foreign governments etc

(1)A person must not carry on business in the United Kingdom under a name that would be likely to give the false impression that the business is connected with—

(a)a foreign government or an agency or authority of a foreign government, or

(b)an international organisation whose members include two or more countries or territories (or their governments).

(2)A person who contravenes this section commits an offence.

(3)Where an offence under this section is committed by a body corporate, an offence is also committed by every officer of the body who is in default.

(4)A person guilty of an offence under this section 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.

Commencement Information

I1S. 23 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

I2S. 23 in force at 4.3.2024 in so far as not already in force by S.I. 2024/269, reg. 2(r)