970 Communication of decisions
970 Communication of decisions
Companies Act 2006 | Legislation

(1)     A company that has passed an opting-in resolution or an opting-out resolution must notify—

(a)     the Panel, . . .

(b)     . . ..

(2)     Notification must be given within 15 days after the resolution is passed . . ..

(3)     If a company fails to comply with this section, an offence is committed by—

(a)     the company, and

(b)     every officer of it who is in default.

(4)     A person guilty of an offence under this section 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

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