F1 SCHEDULE 1B Enforcement of disclosure requirements
Offences for failing to provide information
14
(1)
A person commits an offence if the person—
(a)
fails to comply with a duty under section 790G or 790H, or
(b)
in purported compliance with such a duty—
(i)
makes a statement that the person knows to be false in a material particular, or
(ii)
recklessly makes a statement that is false in a material particular.
(2)
Where the person is a legal entity, an offence is also committed by every officer of the entity who is in default.
(3)
A person guilty of an offence under this paragraph is liable—
(a)
on conviction on indictment, to imprisonment for a term not exceeding two years or a fine (or both);
(b)
on summary conviction—
(i)
in England and Wales, to imprisonment for a term not exceeding twelve months or to a fine (or both);
(ii)
in Scotland, to imprisonment for a term not exceeding twelve months or to a fine not exceeding the statutory maximum (or both);
(iii)
in Northern Ireland, to imprisonment for a term not exceeding six months or to a fine not exceeding the statutory maximum (or both).