132 Offences by bodies corporate.U.K.
(1)Where an offence under section 23, section 46, section 85(6) [F1section 93B] or Part XI of this Act, which has been committed by a body corporate, is proved to have been committed with the consent or connivance of, or to be attributable to any neglect on the part of, any director, manager, secretary or other similar officer of the body corporate, or any person who was purporting to act in any such capacity, he as well as the body corporate shall be guilty of that offence and be liable to be proceeded against and punished accordingly.
(2)Where the affairs of a body corporate are managed by its members, subsection (1) of this section shall apply in relation to the acts and defaults of a member in connection with his functions of management as if he were a director of the body corporate.
Textual Amendments
F1Words inserted by Companies Act 1989 (c. 40, SIF 27), s. 153, Sch. 20 para. 17
Modifications etc. (not altering text)
C1S. 132 applied (with modifications) (28.8.1996) by S.I. 1996/2199, reg. 27