Regulation 14 Default in sending out copies of accounts and reports
Section 425 applies to LLPs, modified so that it reads as follows -
"425. Default in sending out copies of accounts and reports: offence: offences
(1) If default is made in complying with section 423, an offence is committed by -
(a) the LLP, and
(b) every member of the LLP who is in default.
(2) A person guilty of an offence under this section is liable -
(a) on conviction on indictment, to a fine;
(b) on summary conviction, to a fine not exceeding the statutory maximum."