Part IIIU.K. Satisfaction and Enforcement

Sums adjudged to be paid by a convictionU.K.

[F187A Fines imposed on companies.E+W

(1)Where—

(a)a magistrates’ court has, or is treated by any enactment as having, adjudged a company by a conviction to pay a sum; and

(b)the court has issued a [F2warrant of control] under section 76(1) above for the purpose of levying the sum; and

[F3(c)it appears on the return to the warrant that the company's money and goods are insufficient to pay the amount outstanding,]

the [F4designated officer for] the court may make an application in relation to the company under [F5section 124 of, or paragraph 12 of Schedule B1 to, the Insolvency Act 1986] (administration or winding up).

(2)F6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .]

[F7(3)In this section, “the amount outstanding” has the meaning given by paragraph 50(3) of Schedule 12 to the Tribunals, Courts and Enforcement Act 2007.]