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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 October 2009 - onwards
Version 3 of 3

Regulation 50 General provisions

Sections 1125 to 1132 apply to LLPs for the purposes of these Regulations, modified so that they read as follows -

"1125. Meaning of "daily default fine

(1) This section defines what is meant in the Companies Acts where it is provided that a person guilty of an offence is liable on summary conviction to a fine not exceeding a specified amount "and, for continued contravention, a daily default fine" not exceeding a specified amount.

(2) This means that the person is liable on a second or subsequent summary conviction of the offence to a fine not exceeding the latter amount for each day on which the contravention is continued (instead of being liable to a fine not exceeding the former amount).

1126. Consents required for certain prosecutions

(1) This section applies to proceedings for an offence under section 458 or 460 of this Act.

(2) No such proceedings are to be brought in England and Wales except by or with the consent of the Secretary of State or the Director of Public Prosecutions.

(3) No such proceedings are to be brought in Northern Ireland except by or with the consent of the Secretary of State or the Director of Public Prosecutions for Northern Ireland.

1127. Summary proceedings: venue

(1) Summary proceedings for any offence under the Companies Acts may be taken -

(a) against a body corporate, at any place at which the body has a place of business, and