F1PART 21AInformation about people with significant control

CHAPTER 2Information-gathering

Duty on companies

790F Failure by company to comply with information duties

F2(1)

If a company fails, without reasonable excuse, to comply with a duty under section 790CB, 790D, 790DA(3), 790E, 790EA, F3790EB, 790EC, 790ED, 790EE or 790EF to take steps or give a notice, an offence is committed by—

(a)

the company, and

(b)

every officer of the company who is in default.

(2)

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 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).