407. Default in sending out copies of accounts and reports: contraventions

Past version: effective from 14/06/2015 - 13/06/2015
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(1) If default is made in complying with section 405 (duty to circulate copies of annual accounts and reports) or 406 (time allowed for sending out copies of accounts and reports), a contravention of these Regulations is committed by—
(a) the company, and
(b) every officer of the company 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.