SCHEDULES
C1SCHEDULE 2 Establishment, Incorporation and Constitution of Building Societies
Annotations:
Modifications etc. (not altering text)
Part II Unlawful Anticipation of Powers
Penalty for false declaration
18
If the statement in a declaration made for the purposes of paragraph 16 above is false, then, any person who made the statement knowing it to be false or reckless as to whether it was true or false shall be liable—
a
on conviction on indictment, to imprisonment for a term not exceeding two years or to a fine, or both, and
b
on summary conviction to imprisonment for a term not exceeding six months or to a fine not exceeding the statutory maximum, or both.
Sch. 2 modified (3.1.1995) by 1994 c. 40, ss. 17(3), 82(2)