(1) Regulations under section 82 may provide -
(a) that where a company fails, without reasonable excuse, to comply with any specified requirement of regulations under that section an offence is committed by -
(ii) every officer of the company who is in default;
(b) that a person guilty of such an offence is liable on summary conviction to a fine not exceeding level 3 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.
(2) The regulations may provide that, for the purposes of any provision made under subsection (1), a shadow director of the company is to be treated as an officer of the company.
(3) In subsection (1)(a) "specified" means specified in the regulations.