Part 17A company’s share capital
Chapter 9Classes of share and class rights
Matters to be notified to the registrar
636Notice of name or other designation of class of shares
1
Where a company assigns a name or other designation, or a new name or other designation, to any class or description of its shares, it must within one month from doing so deliver to the registrar a notice giving particulars of the name or designation so assigned.
2
If default is made in complying with this section, an offence is committed by—
a
the company, and
b
every officer of the company who is in default.
3
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 and, for continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.