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PART 8RETURNS IN CASE OF WINDING UP ETC

Offence of failure to give notice

74.—(1) A judicial factor who fails to give notice of the appointment in accordance with regulation 73 within the period of 14 days after the appointment commits an offence.

(2) A person guilty of an offence under this regulation is liable on summary conviction to—

(a)a fine not exceeding level 5 on the standard scale, and

(b)for continued contravention, a daily default fine not exceeding one-tenth of level 5 on the standard scale.