C6C3C4C2Part 28Takeovers etc

Annotations:
Modifications etc. (not altering text)
C3

Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))

C1C3C5 Chapter 1The Takeover Panel

Annotations:
Modifications etc. (not altering text)
C1

Pt. 28 Ch. 1 extended (Isle of Man) (with modifications) (1.3.2009) by The Companies Act 2006 (Extension of Takeover Panel Provisions) (Isle of Man) Order 2008 (S.I. 2008/3122), art. 2, Sch.

Information

949Offence of disclosure in contravention of section 948

1

A person who discloses information in contravention of section 948 is guilty of an offence, unless—

a

he did not know, and had no reason to suspect, that the information had been provided as mentioned in section 948(1), or

b

he took all reasonable steps and exercised all due diligence to avoid the commission of the offence.

2

A person guilty of an offence under this section is liable—

a

on conviction on indictment, to imprisonment for a term not exceeding two years or a fine (or both);

b

on summary conviction—

i

in England and Wales, to imprisonment for a term not exceeding twelve months or to a fine not exceeding the statutory maximum (or both);

ii

in Scotland or Northern Ireland, to imprisonment for a term not exceeding six months, or to a fine not exceeding the statutory maximum (or both).

3

Where a company or other body corporate commits an offence under this section, an offence is also committed by every officer of the company or other body corporate who is in default.