Part 36Offences under the Companies Acts
Liability of officer in default
1122Liability of company as officer in default
1
Where a company is an officer of another company, it does not commit an offence as an officer in default unless one of its officers is in default.
2
Where any such offence is committed by a company the officer in question also commits the offence and is liable to be proceeded against and punished accordingly.
3
In this section “officer” and “in default” have the meanings given by section 1121.