Late filing penalties under the Companies Act 1985 as from 1st February 2009
This section has no associated Explanatory Memorandum
5.—(1) This regulation applies where the requirements of section 242(1) of the Companies Act 1985 (which continue to apply in relation to financial years beginning before 6th April 2008 and, in the case of limited liability partnerships, in relation to financial years beginning on or after that date as well)(1) are complied with on or after 1st February 2009.
(2) For the table in section 242A(2) of the Companies Act 1985(2) substitute the following table:
| Length of period | Public company | Private company |
|---|---|---|
| Not more than 1 month. | £750 | £150 |
| More than 1 month but not more than 3 months. | £1,500 | £375 |
| More than 3 months but not more than 6 months. | £3,000 | £750 |
| More than 6 months. | £7,500 | £1,500 |
(1)
Section 242(1) is applied, with modifications, to limited liability partnerships by S.I. 2001/1090, regulation 3 and Schedule 1.
(2)
The table is applied, with modifications, to limited liability partnerships by S.I. 2001/1090, regulation 3 and Schedule 1.