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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 October 2009 - onwards
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732. Treasury shares: offences

(1) If a company contravenes any of the provisions of this Chapter (except section 730 (notice of cancellation)), an offence is committed by -

(a) the company, and

(b) every officer of the company 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.

Comparing proposed amendment...