Part 10A company's directors
Chapter 3Declaration of interest in existing transaction or arrangement
183Offence of failure to declare interest
(1)
A director who fails to comply with the requirements of section 182 (declaration of interest in existing transaction or arrangement) commits an offence.
(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.