47.—(1) Schedule 7 (punishment of offences) shall be amended as follows.
(2) After the entries for Schedule A1 insert—
| “Sch. B1, para. 19(7). | Making false statement in statutory declaration where administrator appointed by holder of floating charge. | 1. On indictment 2. Summary | 2 years, or a fine or both. 6 months, or the statutory maximum or both | |
| Sch.B1, para. 21 | Holder of floating charge failing to notify administrator or others of commencement of appointment. | 1. On indictment 2. Summary | 2 years, or a fine or both. 6 months, or the statutory maximum or both | One-tenth of the statutory maximum. |
| Sch. B1, para. 28(4). | Making false statement in statutory declaration where appointment of administrator proposed by company or directors. | 1. On indictment 2. Summary | 2 years, or a fine or both. 6 months, or the statutory maximum or both. | |
| Sch. B1, para. 30(7). | Making false statement in statutory declaration where administrator appointed by company or directors. | 1. On indictment 2. Summary | 2 years, or a fine or both. 6 months, or the statutory maximum or both. | |
| Sch. B1, para. 33. | Company or directors failing to notify administrator or others of commencement of appointment. | 1. On indictment 2. Summary | 2 years, or a fine or both. 6 months, or the statutory maximum or both. | One-tenth of the statutory maximum. |
| Sch. B1, para. 46(2). | Administrator, company or officer failing to state in business document that administrator appointed. | Summary | One-fifth of the statutory maximum. | |
| Sch. B1, para. 47(9). | Administrator failing to give notice of his appointment. | Summary | One-fifth of the statutory maximum. | One-fiftieth of the statutory maximum. |
| Sch. B1, para. 49(4). | Failing to comply with provisions about statement of affairs where administrator appointed. | 1. On indictment 2. Summary | A fine. The statutory maximum. | One-tenth of the statutory maximum. |
| Sch. B1, para. 50(7). | Administrator failing to send out statement of his proposals. | Summary. | One-fifth of the statutory maximum. | One fiftieth of the statutory maximum. |
| Sch. B1, para. 52(5). | Administrator failing to arrange initial creditors' meeting. | Summary. | One-fifth of the statutory maximum. | One-fiftieth of the statutory maximum. |
| Sch. B1, para. 54(3). | Administrator failing to report decision taken at initial creditors' meeting. | Summary. | One-fifth of the statutory maximum. | One-fiftieth of the statutory maximum. |
| Sch. B1, para. 55(7). | Administrator failing to report decision taken at creditors' meeting summoned to consider revised proposal. | Summary. | One-fifth of the statutory maximum. | One-fiftieth of the statutory maximum. |
| Sch. B1, para. 57(2). | Administrator failing to summon creditors' meeting. | Summary. | One-fifth of the statutory maximum. | One-fiftieth of the statutory maximum. |
| Sch. B1, para. 72(6). | Administrator failing to file Court order enabling disposal of charged property. | Summary. | One-fifth of the statutory maximum. | One-fiftieth of the statutory maximum. |
| Sch. B1, para. 73(5). | Administrator failing to file Court order enabling disposal of hire- purchase property. | Summary. | One-fifth of the statutory maximum. | One-fiftieth of the statutory maximum. |
| Sch. B1, para. 78(3). | Administrator failing to notify registrar of automatic end of administration. | Summary. | One-fifth of the statutory maximum. | One-fiftieth of the statutory maximum. |
| Sch. B1, para. 79(6). | Administrator failing to give notice of extension by consent of term of office. | Summary. | One-fifth of the statutory maximum. | One-fiftieth of the statutory maximum. |
| Sch. B1, para. 81(6). | Administrator failing to give notice of termination of administration where objective achieved. | Summary. | One-fifth of the statutory maximum. | One-fiftieth of the statutory maximum. |
| Sch. B1, para. 85(9). | Administrator failing to comply with provisions where company moves to dissolution. | Summary. | One-fifth of the statutory maximum. | One-fiftieth of the statutory maximum. |
| Sch. B1, para. 87(3). | Administrator failing to notify registrar where court terminates administration. | Summary. | One-fifth of the statutory maximum. | One-fiftieth of the statutory maximum. |
| Sch. B1, para. 90(3). | Administrator failing to give notice on ceasing to be qualified. | Summary. | One-fifth of the statutory maximum. | One-fiftieth of the statutory maximum.” |
(3) Omit the entries for the following provisions—
(a)Article 25(2),
(b)Article 28(8),
(c)Article 30(5),
(d)Article 33(3),
(e)Article 34(6),
(f)Article 35(3),
(g)Article 36(7), and
(h)Article 39(6).