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Version Superseded: 06/04/2005
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Companies Act 1985, Section 732 is up to date with all changes known to be in force on or before 10 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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(1)In respect of an offence under any of sections 210, 324, 329, 447 to 451 and 455, proceedings shall not, in England and Wales, be instituted except by or with the consent of the appropriate authority.
(2)That authority is—
(a)for an offence under any of sections 210, 324 and 329, the Secretary of State or the Director of Public Prosecutions,
(b)for an offence under any of sections 447 to 451, either one of those two persons or the Industrial Assurance Commissioner, and
(c)for an offence under section 455, the Secretary of State.
(3)Where proceedings are instituted under the Companies Acts against any person by the Director of Public Prosecutions or by or on behalf of the Secretary of State or the Lord Advocate, nothing in those Acts is to be taken to require any person to disclose any information which he is entitled to refuse to disclose on grounds of legal professional privilege.
Modifications etc. (not altering text)
C1S. 732 extended (with modifications) by S.I. 1989/638, regs. 18, 21, Sch. 4 para. 24
C2S. 732 applied (with modifications) (6.4.2001) by S.I. 2001/1090, reg. 4, Sch. 2 Pt. I
C3S. 732(3) amended by Business Names Act 1985 (c. 7, SIF 90), s. 7(6)(b)
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