(1) An individual must not act as a director of a company unless the individual's identity is verified (see section 1110A).
(2) A company must ensure that an individual does not act as a director unless the individual's identity is verified (see section 1110A).
(3) A person who contravenes subsection (1) commits an offence.
(4) If a company contravenes subsection (2) an offence is committed by -
(b) every officer of the company who is in default.
For this purpose a shadow director is treated as an officer of the company.
(5) A person guilty of an offence under this section is liable on summary conviction -
(a) in England and Wales, to a fine;
(b) in Scotland or Northern Ireland, to a fine not exceeding level 5 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 5 on the standard scale.
(6) The only consequences of contravening subsections (1) and (2) are the offences provided for by this section (so that, fo
…