SCHEDULES
SCHEDULE 3Amendments of remaining provisions of the Companies Act 1985 relating to offences
Wrongful disclosure of information to which section 449 applies
I13
1
Section 449 of the Companies Act 1985 (wrongful disclosure of information obtained in course of company investigation) is amended as follows.
2
For subsection (6)(a) and (b) substitute “
is guilty of an offence.
”
3
After subsection (6) insert—
6A
A person guilty of an offence under this section 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 not exceeding the statutory maximum (or both);
ii
in Scotland or Northern Ireland, to imprisonment for a term not exceeding six months, or to a fine not exceeding the statutory maximum (or both).
4
Omit subsection (7).