407. Default in sending out copies of accounts and auditor's report: contraventions

Past version: effective from 21/10/2015 - 20/10/2015
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(1) If default is made in complying with section 405 (duty to circulate copies of annual accounts and auditor's report), a contravention of the Companies Regulations is committed by —
(a) the LLP, and
(b) every member of the LLP who is in default.
(2) A person who commits the contravention referred to in subsection (1) shall be liable to a fine of up to level 4.