C6C3Part 4A company's capacity and related matters

Annotations:
Modifications etc. (not altering text)
C6

Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))

Formalities of doing business under the law of England and Wales or Northern Ireland

45Common seal

C1C2C41

A company may have a common seal, but need not have one.

2

A company which has a common seal shall have its name engraved in legible characters on the seal.

C53

If a company fails to comply with subsection (2) an offence is committed by—

a

the company, and

b

every officer of the company who is in default.

C54

An officer of a company, or a person acting on behalf of a company, commits an offence if he uses, or authorises the use of, a seal purporting to be a seal of the company on which its name is not engraved as required by subsection (2).

C55

A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale.

6

This section does not form part of the law of Scotland.