C2C1Part 10A company's directors

Annotations:
Modifications etc. (not altering text)
C2

Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))

C2Chapter 1Appointment and removal of directors

F1Option to keep information on the central register

Annotations:
Amendments (Textual)

C3F2167DF2Duty to notify registrar of changes

1

The duty under subsection (2) applies during the period when an election under section 167A is in force.

2

The company must deliver to the registrar—

a

any information of which the company would during that period have been obliged to give notice under section 167, had the election not been in force, and

b

any statement that would have had to accompany such a notice.

3

The information (and any accompanying statement) must be delivered as soon as reasonably practicable after the company becomes aware of the information and, in any event, no later than the time by which the company would have been required under section 167 to give notice of the information.

4

If default is made in complying with this section, an offence is committed by—

a

the company, and

b

every officer of the company who is in default.

For this purpose a shadow director is treated as an officer of the company.

5

A person guilty of an offence under this section is liable on summary conviction—

a

in England and Wales, to a fine and, for continued contravention, a daily default fine not exceeding the greater of £500 and one-tenth of level 4 on the standard scale;

b

in Scotland or Northern Ireland, to a fine not exceeding level 5 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 5 on the standard scale.