SCHEDULE 2F] RECOGNITION IN THE UNITED KINGDOM OF EC AND EFTA COMPANIES
PART IV SUPPLEMENTAL
Offences
25
(1)
An EC company commits an offence if—
(a)
it carries on insurance business in the United Kingdom in contravention of paragraph 1 or 4 above;
(b)
in contravention of paragraph 2 or 5 above, it changes the requisite details of a branch established by it in the United Kingdom;
(c)
it provides insurance in the United Kingdom in contravention of paragraph 8 or 11 above;
(d)
in contravention of paragraph 9 above, it changes the requisite details relating to the provision of insurance in the United Kingdom; or
(e)
it makes default in complying with, or with a requirement imposed under, any other provision of Part I of this Schedule.
(2)
An EFTA company commits an offence if—
(a)
it provides insurance in the United Kingdom in contravention of paragraph 18 or 19 above; or
(b)
it makes default in complying with, or with a requirement imposed under, any other provision of Part II or III of this Schedule.
(3)
A person commits an offence if—
(a)
in purported compliance with a requirement under paragraph 13, 14 or 21 above, he furnishes information which he knows to be false in a material particular or recklessly furnishes information which is false in a material particular; or
(b)
he causes or permits to be included in a document required by paragraph 1, 2, 4, 8, 9 or 18 above to be sent to the F1Treasury a statement which he knows to be false in a material particular or recklessly causes or permits to be so included a statement which is false in a material particular.
(4)
A person committing an offence under this paragraph is liable on summary conviction to a fine not exceeding level 5 on the standard scale.