“A8(4) | Directors failing to notify monitor of beginning of moratorium. | 1. On indictment. | 2 years or a fine or both. |
2. Summary. | On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both. |
A8(5) | Monitor failing to notify creditors etc of beginning of moratorium. | Summary. | Level 3 on the standard scale. |
A17(6) | Directors failing to notify monitor of change in end of moratorium. | 1. On indictment. | 2 years or a fine or both. |
2. Summary. | On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both. |
A17(7) | Monitor failing to notify creditors etc of change in end of moratorium. | Summary. | Level 3 on the standard scale. |
A19(5) | Company or officer failing to state in correspondence etc that moratorium in force. | Summary. | Level 3 on the standard scale. |
A24(4) | Directors failing to notify monitor of insolvency proceedings etc. | 1. On indictment. | 2 years or a fine or both. |
2. Summary. | On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both. |
A25(3)(a) | Company obtaining credit without disclosing existence of moratorium. | 1. On indictment. | A fine. |
2. Summary. | On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum. |
A25(3)(b) | Obtaining credit for company without disclosing existence of moratorium. | 1. On indictment. | 2 years or a fine or both. |
2. Summary. | On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both. |
A26(4)(a) | Company granting security without monitor's consent. | 1. On indictment. | A fine. |
2. Summary. | On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum. |
A26(4)(b) | Authorising or permitting company to do so. | 1. On indictment. | 2 years or a fine or both. |
2. Summary. | On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both. |
A27(1)(a) | Company entering into market contract, etc. | 1. On indictment. | A fine. |
2. Summary. | On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum. |
A27(1)(b) | Authorising or permitting company to do so. | 1. On indictment. | 2 years or a fine or both. |
2. Summary. | On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both. |
A28(5)(a) | Company making unauthorised payments. | 1. On indictment. | A fine. |
2. Summary. | On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum. |
A28(5)(b) | Authorising or permitting company to do so. | 1. On indictment. | 2 years or a fine or both. |
2. Summary. | On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both. |
A29(6)(a) | Company making unauthorised disposal of property. | 1. On indictment. | A fine. |
2. Summary. | On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum. |
A29(6)(b) | Authorising or permitting such a disposal. | 1. On indictment. | 2 years or a fine or both. |
2. Summary. | On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both. |
A30(2)(a) | Unauthorised disposal of hire-purchase property. | 1. On indictment. | A fine. |
2. Summary. | On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum. |
A30(2)(b) | Authorising or permitting such a disposal. | 1. On indictment. | 2 years or a fine or both. |
2. Summary. | On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both. |
A31(8) | Directors failing to send to registrar copy of court order permitting disposal of charged property. | Summary. | Level 3 on the standard scale. |
A31(10)(a) | Company failing to comply with requirements relating to disposal of charged property. | 1. On indictment. | A fine. |
2. Summary. | On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum. |
A31(10)(b) | Authorising or permitting such a failure. | 1. On indictment. | 2 years or a fine or both. |
2. Summary. | On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both. |
A32(4)(a) | Company failing to comply with requirements relating to disposal of hire-purchase property. | 1. On indictment. | A fine. |
2. Summary. | On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum. |
A32(4)(b) | Authorising or permitting such a failure. | 1. On indictment. | 2 years or a fine or both. |
2. Summary. | On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both. |
A32(6) | Directors failing to send to registrar copy of court order permitting disposal of hire-purchase property. | Summary. | Level 3 on the standard scale. |
A39(9) | Monitor failing to notify creditors etc of change in monitor. | Summary. | Level 3 on the standard scale. |
A46(1) | Fraud or privity to fraud during or in anticipation of moratorium. | 1. On indictment. | 2 years or a fine or both. |
2. Summary. | On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both. |
A46(4) | Knowingly taking in pawn or pledge, or otherwise receiving, company property. | 1. On indictment. | 2 years or a fine or both. |
2. Summary. | On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both. |
A47(1) | False representation or fraud for purpose of obtaining or extending moratorium. | 1. On indictment. | 2 years or a fine or both. |
2. Summary. | On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both. |
A49(5) | Directors failing to notify regulator of qualifying decision procedure in relation to regulated company | 1. On indictment. | 2 years or a fine or both. |
2. Summary. | On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.” |