C1Part 18Acquisition by limited company of its own shares
Annotations:
Modifications etc. (not altering text)
Chapter 6Treasury shares
732Treasury shares: offences
1
If a company contravenes any of the provisions of this Chapter (except section 730 (notice of cancellation)), an offence is committed by—
a
the company, and
b
every officer of the company who is in default.
2
A person guilty of an offence under this section is liable—
a
on conviction on indictment, to a fine;
b
on summary conviction to a fine not exceeding the statutory maximum.
Pts. 1-39 (except for Pt. 7 and ss. 662-669), 45-47 extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 5(1), Sch. 1 para. 2