Part 36Offences under the Companies Acts
Liability of officer in default
1123Application to bodies other than companies
1
Section 1121 (liability of officers in default) applies to a body other than a company as it applies to a company.
2
As it applies in relation to a body corporate other than a company—
a
the reference to a director of the company shall be read as referring—
i
where the body’s affairs are managed by its members, to a member of the body,
ii
in any other case, to any corresponding officer of the body, and
b
the reference to a manager or secretary of the company shall be read as referring to any manager, secretary or similar officer of the body.
3
As it applies in relation to a partnership—
a
the reference to a director of the company shall be read as referring to a member of the partnership, and
b
the reference to a manager or secretary of the company shall be read as referring to any manager, secretary or similar officer of the partnership.
4
As it applies in relation to an unincorporated body other than a partnership—
a
the reference to a director of the company shall be read as referring—
i
where the body’s affairs are managed by its members, to a member of the body,
ii
in any other case, to a member of the governing body, and
b
the reference to a manager or secretary of the company shall be read as referring to any manager, secretary or similar officer of the body.