Small Business, Enterprise and Employment Act 2015 (c. 26)

Yn ddilys o 26/05/2015

SCHEDULES

SCHEDULE 4 U.K. Abolition of share warrants to bearer

PART 1 U.K. Arrangements for conversion and cancellation of existing share warrants

Offences U.K.

18 (1) A person guilty of an offence under paragraph 1(5) of this Schedule 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. U.K.

(2) A person guilty of an offence under any other provision of this Schedule is liable—

(a) on conviction on indictment, to a fine;

(b) on summary conviction—

(i) in England and Wales, to a fine;

(ii) in Scotland or Northern Ireland, to a fine not exceeding the statutory maximum.