Point in time view as at 03/10/2022.
Companies Act 2006, Section 1054 is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)Regulations under this Part may specify the person or persons responsible for complying with any specified requirement of the regulations.
(2)Regulations under this Part may make provision for offences, including provision as to—
(a)the person or persons liable in the case of any specified contravention of the regulations, and
(b)circumstances that are, or are not, to be a defence on a charge of such an offence.
(3)The regulations must not provide—
(a)for imprisonment, or
(b)for the imposition on summary conviction of a fine exceeding level 5 on the standard scale and, for continued contravention, a daily default fine not exceeding [F1one-tenth of level 5 on the standard scale][F1one-tenth of the greater of £5,000 or level 4 on the standard scale].
(4)In this section “specified” means specified in the regulations.
Textual Amendments
F1Words in s. 1054(3)(b) substituted (E.W.) (12.3.2015) by The Legal Aid, Sentencing and Punishment of Offenders Act 2012 (Fines on Summary Conviction) Regulations 2015 (S.I. 2015/664), reg. 1(1), Sch. 3 para. 17 (with reg. 5(1))
Commencement Information
I1S. 1054 wholly in force at 1.10.2009; s. 1054 not in force at Royal Assent, see s. 1300; s. 1054 in force for specified purposes at 20.1.2007 by S.I. 2006/3428, art. 3(3) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5); s. 1054 otherwise in force at 1.10.2009 by S.I. 2008/2860, art. 3(q) (with arts. 5, 7, 8, Sch. 2) (as amended by S.I. 2009/1802, art. 18)
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