12(1)A friendly society to which section 37(2) or (3) above applies commits an offence if–
(a)it carries on insurance business in [F1an EEA State] other than the United Kingdom in contravention of paragraph 1 above;
(b)in contravention of paragraph 2 or 3 above, it changes the requisite EC details or, as the case may be, the requisite UK details of an overseas branch established by it in such [F1an EEA State];
(c)it provides insurance in such [F1an EEA State] in contravention of paragraph 5 above;
(d)in contravention of paragraph 6 above, it changes the requisite details relating to the provision of insurance in such [F1an EEA State]; or
(e)it makes default in complying with, or with a requirement imposed under, any other provision of this Schedule.
(2)A person commits an offence if he causes or permits to be included in a notification sent to the Commission under paragraph 1, 2, 3, 5 or 6 above 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.
(3)A person committing an offence under this paragraph shall be guilty of an offence and liable on summary conviction to a fine not exceeding level 5 on the standard scale.
Textual Amendments
F1Words in Sch. 13B para. 12 substituted (1.1.1998) by S.I. 1997/2849, reg. 3