The Investment Bank Special Administration (England and Wales) Rules 2011

Rule 286

SCHEDULE Punishment of offences

Note: In the fourth and fifth columns of this Schedule, “the statutory maximum” means the prescribed sum under section 32 of the Magistrates’ Courts Act 1980(1).

Rule creating offence	General nature of offence	Mode of prosecution	Punishment	Daily default fine (where applicable)
Rule 123	Administrator failing to send a progress report	Summary	Level 3 on the standard scale	One-tenth of level 3 on the standard scale
Rule 219	Failure to comply with administrator’s duties on vacating office	Summary	Level 3 on the standard scale	One-tenth of level 3 on the standard scale
Rule 285	False representation of status for purpose of inspecting documents	1. On indictment	2 years imprisonment or a fine, or both
		2. Summary	6 months imprisonment or the statutory maximum, or both

(1)

1980 c. 43: section 32 was amended by the Criminal Attempts Act 1981 (c. 47) section 10, Schedule, Part 1, by the Criminal Justice Act 1988 (c.33) section 170(2) Schedule 16, by the Criminal Justice Act 1991 (c.53) section 17(2), by the Criminal Justice Act 2003 (c. 44) section 282 and by the Serious Crime Act 2007 (c. 27) section 63(2), 92, Schedule 6, Part 2, paras 55(1), (2), Schedule 14.