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Contents

Legislation
Companies Act 2006

Crossheading Enforcement

  • Section 1225 Enforcement: general
  • Section 1225A Directions: general
  • Section 1225B Directions: supplementary
  • Section 1225C Compliance orders
  • Section 1225D Financial penalties: general
  • Section 1225E Financial penalties: supplementary
  • Section 1225F Appeals against financial penalties
  • Section 1225G Recovery of financial penalties
  1. Enforcement
  2. Financial penalties: general

Section 1225D | Financial penalties: general F1

From legislation.gov.uk

(1)A financial penalty imposed on a body under this section is a financial penalty of such amount as the Secretary of State considers appropriate, subject to subsection (2).

(2)In deciding what amount is appropriate the Secretary of State—

(a)must have regard to the nature of the requirement which is not satisfied or the obligation which has not been complied with; and

(b)must not take into account the Secretary of State's costs in discharging functions under this Part.

(3)A financial penalty under this section is payable to the Secretary of State.

(4)In sections 1225E to 1225G, references to a penalty are to a financial penalty under this section.

Notes

  1. F1

    Ss. 1225-1225G substituted (2.7.2012) for s. 1225 by The Statutory Auditors (Amendment of Companies Act 2006 and Delegation of Functions etc) Order 2012 (S.I. 2012/1741), arts. 1(2), 4

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