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Financial Services Act 1986
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- UK Public General Acts
- 1986 c. 60
- SCHEDULE 16
- Paragraph 27
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27In Schedule 24 to the Companies Act 1985—
(a)in the second column of the entry relating to section 329(3) for the words " stock exchange " there shall be substituted the words " investment exchange " ; and
(b)after the entry relating to section 427(5) there shall be inserted—
| “429(6) | Offeror failing to send copy of notice or making statutory declaration knowing it to be false, etc. | 1. On indictment. | 2 years or a fine; or both. | |
| 2. Summary. | 6 months or the statutory maximum; or both. | One-fiftieth of the statutory maximum. | ||
| 430A(6) | Offeror failing to give notice of rights to minority shareholder. | 1. On indictment. | A fine. | One fiftieth of the statutory maximum. |
| 2. Summary. | The statutory maximum.” |
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