http://www.legislation.gov.uk/id/ukpga/2020/12/schedule/3/enacted

SCHEDULES

SCHEDULE 3Moratoriums in Great Britain: further amendments

33Insolvency Act 1986

1

Schedule 10 (punishment of offences under the Act) is amended as follows.

2

Omit the entries relating to Schedule A1.

3

At the appropriate place insert—

A8 (4)
Directors failing to notify monitor of beginning of moratorium.
1. On indictment.
2 years or a fine or both.
2. Summary.
On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A8 (5)
Monitor failing to notify creditors etc of beginning of moratorium.
Summary.
Level 3 on the standard scale.
A17 (6)
Directors failing to notify monitor of change in end of moratorium.
1. On indictment.
2 years or a fine or both.
2. Summary.
On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A17 (7)
Monitor failing to notify creditors etc of change in end of moratorium.
Summary.
Level 3 on the standard scale.
A19 (5)
Company or officer failing to state in correspondence etc that moratorium in force.
Summary.
Level 3 on the standard scale.
A24 (4)
Directors failing to notify monitor of insolvency proceedings etc.
1. On indictment.
2 years or a fine or both.
2. Summary.
On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A25 (3)(a)
Company obtaining credit without disclosing existence of moratorium.
1. On indictment.
A fine.
2. Summary.
On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.
A25 (3)(b)
Obtaining credit for company without disclosing existence of moratorium.
1. On indictment.
2 years or a fine or both.
2. Summary.
On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A26 (4)(a)
Company granting security without monitor’s consent.
1. On indictment.
A fine.
2. Summary.
On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.
A26 (4)(b)
Authorising or permitting company to do so.
1. On indictment.
2 years or a fine or both.
2. Summary.
On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A27 (1)(a)
Company entering into market contract, etc.
1. On indictment.
A fine.
2. Summary.
On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.
A27 (1)(b)
Authorising or permitting company to do so.
1. On indictment.
2 years or a fine or both.
2. Summary.
On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A28 (5)(a)
Company making unauthorised payments.
1. On indictment.
A fine.
2. Summary.
On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.
A28 (5)(b)
Authorising or permitting company to do so.
1. On indictment.
2 years or a fine or both.
2. Summary.
On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A29 (6)(a)
Company making unauthorised disposal of property.
1. On indictment.
A fine.
2. Summary.
On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.
A29 (6)(b)
Authorising or permitting such a disposal.
1. On indictment.
2 years or a fine or both.
2. Summary.
On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A30 (2)(a)
Unauthorised disposal of hire-purchase property.
1. On indictment.
A fine.
2. Summary.
On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.
A30 (2)(b)
Authorising or permitting such a disposal.
1. On indictment.
2 years or a fine or both.
2. Summary.
On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A31 (8)
Directors failing to send to registrar copy of court order permitting disposal of charged property.
Summary.
Level 3 on the standard scale.
A31 (10)(a)
Company failing to comply with requirements relating to disposal of charged property.
1. On indictment.
A fine.
2. Summary.
On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.
A31 (10)(b)
Authorising or permitting such a failure.
1. On indictment.
2 years or a fine or both.
2. Summary.
On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A32 (4)(a)
Company failing to comply with requirements relating to disposal of hire-purchase property.
1. On indictment.
A fine.
2. Summary.
On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.
A32 (4)(b)
Authorising or permitting such a failure.
1. On indictment.
2 years or a fine or both.
2. Summary.
On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A32 (6)
Directors failing to send to registrar copy of court order permitting disposal of hire-purchase property.
Summary.
Level 3 on the standard scale.
A39 (9)
Monitor failing to notify creditors etc of change in monitor.
Summary.
Level 3 on the standard scale.
A46 (1)
Fraud or privity to fraud during or in anticipation of moratorium.
1. On indictment.
2 years or a fine or both.
2. Summary.
On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A46 (4)
Knowingly taking in pawn or pledge, or otherwise receiving, company property.
1. On indictment.
2 years or a fine or both.
2. Summary.
On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A47 (1)
False representation or fraud for purpose of obtaining or extending moratorium.
1. On indictment.
2 years or a fine or both.
2. Summary.
On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A49 (5)
Directors failing to notify regulator of qualifying decision procedure in relation to regulated company
1. On indictment.
2 years or a fine or both.
2. Summary.
On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.

A8 (4)	Directors failing to notify monitor of beginning of moratorium.	1. On indictment.	2 years or a fine or both.
A8 (4)		2. Summary.	On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A8 (5)	Monitor failing to notify creditors etc of beginning of moratorium.	Summary.	Level 3 on the standard scale.
A17 (6)	Directors failing to notify monitor of change in end of moratorium.	1. On indictment.	2 years or a fine or both.
A17 (6)		2. Summary.	On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A17 (7)	Monitor failing to notify creditors etc of change in end of moratorium.	Summary.	Level 3 on the standard scale.
A19 (5)	Company or officer failing to state in correspondence etc that moratorium in force.	Summary.	Level 3 on the standard scale.
A24 (4)	Directors failing to notify monitor of insolvency proceedings etc.	1. On indictment.	2 years or a fine or both.
A24 (4)		2. Summary.	On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A25 (3)(a)	Company obtaining credit without disclosing existence of moratorium.	1. On indictment.	A fine.
A25 (3)(a)		2. Summary.	On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.
A25 (3)(b)	Obtaining credit for company without disclosing existence of moratorium.	1. On indictment.	2 years or a fine or both.
A25 (3)(b)		2. Summary.	On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A26 (4)(a)	Company granting security without monitor’s consent.	1. On indictment.	A fine.
A26 (4)(a)	Company granting security without monitor’s consent.	2. Summary.	On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.
A26 (4)(b)	Authorising or permitting company to do so.	1. On indictment.	2 years or a fine or both.
A26 (4)(b)	Authorising or permitting company to do so.	2. Summary.	On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A27 (1)(a)	Company entering into market contract, etc.	1. On indictment.	A fine.
A27 (1)(a)	Company entering into market contract, etc.	2. Summary.	On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.
A27 (1)(b)	Authorising or permitting company to do so.	1. On indictment.	2 years or a fine or both.
A27 (1)(b)	Authorising or permitting company to do so.	2. Summary.	On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A28 (5)(a)	Company making unauthorised payments.	1. On indictment.	A fine.
A28 (5)(a)	Company making unauthorised payments.	2. Summary.	On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.
A28 (5)(b)	Authorising or permitting company to do so.	1. On indictment.	2 years or a fine or both.
A28 (5)(b)	Authorising or permitting company to do so.	2. Summary.	On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A29 (6)(a)	Company making unauthorised disposal of property.	1. On indictment.	A fine.
A29 (6)(a)	Company making unauthorised disposal of property.	2. Summary.	On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.
A29 (6)(b)	Authorising or permitting such a disposal.	1. On indictment.	2 years or a fine or both.
A29 (6)(b)	Authorising or permitting such a disposal.	2. Summary.	On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A30 (2)(a)	Unauthorised disposal of hire-purchase property.	1. On indictment.	A fine.
A30 (2)(a)	Unauthorised disposal of hire-purchase property.	2. Summary.	On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.
A30 (2)(b)	Authorising or permitting such a disposal.	1. On indictment.	2 years or a fine or both.
A30 (2)(b)	Authorising or permitting such a disposal.	2. Summary.	On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A31 (8)	Directors failing to send to registrar copy of court order permitting disposal of charged property.	Summary.	Level 3 on the standard scale.
A31 (10)(a)	Company failing to comply with requirements relating to disposal of charged property.	1. On indictment.	A fine.
A31 (10)(a)		2. Summary.	On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.
A31 (10)(b)	Authorising or permitting such a failure.	1. On indictment.	2 years or a fine or both.
A31 (10)(b)	Authorising or permitting such a failure.	2. Summary.	On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A32 (4)(a)	Company failing to comply with requirements relating to disposal of hire-purchase property.	1. On indictment.	A fine.
A32 (4)(a)		2. Summary.	On conviction in England and Wales: a fine. On conviction in Scotland: the statutory maximum.
A32 (4)(b)	Authorising or permitting such a failure.	1. On indictment.	2 years or a fine or both.
A32 (4)(b)	Authorising or permitting such a failure.	2. Summary.	On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A32 (6)	Directors failing to send to registrar copy of court order permitting disposal of hire-purchase property.	Summary.	Level 3 on the standard scale.
A39 (9)	Monitor failing to notify creditors etc of change in monitor.	Summary.	Level 3 on the standard scale.
A46 (1)	Fraud or privity to fraud during or in anticipation of moratorium.	1. On indictment.	2 years or a fine or both.
A46 (1)		2. Summary.	On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A46 (4)	Knowingly taking in pawn or pledge, or otherwise receiving, company property.	1. On indictment.	2 years or a fine or both.
A46 (4)		2. Summary.	On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A47 (1)	False representation or fraud for purpose of obtaining or extending moratorium.	1. On indictment.	2 years or a fine or both.
A47 (1)		2. Summary.	On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.
A49 (5)	Directors failing to notify regulator of qualifying decision procedure in relation to regulated company	1. On indictment.	2 years or a fine or both.
A49 (5)		2. Summary.	On conviction in England and Wales: 12 months or a fine or both. On conviction in Scotland: 12 months or the statutory maximum or both.