Version Superseded: 26/06/2020
Point in time view as at 08/10/2004.
Insolvency Act 1986, Paragraph 42 is up to date with all changes known to be in force on or before 09 March 2025. 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.
[F1F242(1)If, for the purpose of obtaining a moratorium, or an extension of a moratorium, for a company, a person who is an officer of the company—E+W+S
(a)makes any false representation, or
(b)fraudulently does, or omits to do, anything,
he commits an offence.
(2)Sub-paragraph (1) applies even if no moratorium or extension is obtained.
(3)For the purposes of this paragraph, “officer” includes a shadow director.
(4)A person guilty of an offence under this paragraph is liable to imprisonment or a fine, or both.]
Textual Amendments
F1Sch. A1 inserted (11.5.2001 so far as is necessary to give effect to Sch. A1 paras. 5, 45(1)-(3)(5) and 1.1.2003 in so far as not already in force) by 2000 c. 39, s. 1, Sch. 1 para. 4; S.I. 2001/1751, art. 2; S.I. 2002/2711, art. 2 (subject to transitional provisions in arts. 3-5)
F2Sch. A1 inserted (11.5.2001 so far as is necessary to give effect to Sch. A1 paras. 5, 45(1)-(3)(5) and 1.1.2003 in so far as not already in force) by 2000 c. 39, s. 1, Sch. 1 para. 4; S.I. 2001/1751, art. 2; S.I. 2002/2711, art. 2 (subject to transitional provisions in arts. 3-5)
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