(1) When a company has passed a resolution for voluntary winding up, it shall, within 14 days after the passing of the resolution, give notice of the resolution by advertisement in Iris Oifigiúil.
(2) If default is made in complying with this section, the company and every officer of the company who is in default shall be guilty of an offence and liable to a fine not exceeding £1,500 and for the purposes of this subsection, the liquidator of the company shall be deemed to be an officer of the company.