C5Part 4A company's capacity and related matters

Annotations:
Modifications etc. (not altering text)

Formalities of doing business under the law of England and Wales or Northern Ireland

45Common seal

C1C2C31

A company may have a common seal, but need not have one.

2

A company which has a common seal shall have its name engraved in legible characters on the seal.

C43

If a company fails to comply with subsection (2) an offence is committed by—

a

the company, and

b

every officer of the company who is in default.

C44

An officer of a company, or a person acting on behalf of a company, commits an offence if he uses, or authorises the use of, a seal purporting to be a seal of the company on which its name is not engraved as required by subsection (2).

C45

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.

6

This section does not form part of the law of Scotland.