429Summary financial statements: offencesU.K.
(1)If default is made in complying with any provision of section 426, 427 or 428, or of regulations under any of those sections, an offence is committed by—
(a)the company, and
(b)every officer of the company who is in default.
(2)A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale.
Modifications etc. (not altering text)
C1S. 429 applied (with modifications) (6.4.2008) by The Companies (Revision of Defective Accounts and Reports) Regulations 2008 (S.I. 2008/373), reg. 17(8)
C2Ss. 418-469 applied (with modifications) (1.10.2009) by The Unregistered Companies Regulations 2009 (S.I. 2009/2436), regs. 3-5, Sch. 1 para. 10 (with transitional provisions and savings in regs. 7, 9, Sch. 2)