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61.—(1) If a society contravenes the restrictions imposed by regulation 4 above, then–
(a)the society shall be guilty of an offence and liable on conviction on indictment or on summary conviction to a fine which, on summary conviction shall not exceed the statutory maximum; and
(b)every officer of the society who is in default shall be guilty of an offence and liable:–
(i)on summary conviction to a fine not exceeding £2,000; or
(ii)on conviction on indictment to imprisonment for a term not exceeding two years or to a fine or both.
(2) Any person who–
(a)in connection with an application for authorisation under regulation 6 above; or
(b)in purporting to furnish information required by the Chief Registrar for the purposes of these Regulations, furnishes information which he knows to be false or misleading in a material particular or recklessly furnishes information which is false or misleading in a material particular, shall be guilty of an offence.
(3) A person guilty of an offence under paragraph (2) above shall be liable–
(a)on summary conviction to a fine not exceeding £2,000; or
(b)on conviction on indictment to imprisonment for a term not exceeding two years or to a fine or both.
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