[F1167MProhibition on director acting unless ID verifiedU.K.
(1)An individual must not act as a director of a company unless the individual’s identity is verified (see section 1110A).
(2)A company must ensure that an individual does not act as a director unless the individual’s identity is verified (see section 1110A).
(3)A person who contravenes subsection (1) commits an offence.
(4)If a company contravenes subsection (2) an offence is committed by—
(a)the company, and
(b)every officer of the company who is in default.
For this purpose a shadow director is treated as an officer of the company.
(5)A person guilty of an offence under this section is liable on summary conviction—
(a)in England and Wales, to a fine;
(b)in Scotland or Northern Ireland, to a fine not exceeding level 5 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 5 on the standard scale.
(6)The only consequences of contravening subsections (1) and (2) are the offences provided for by this section (so that, for example, a contravention does not in any way affect the validity of an individual’s acts as a director).]