Section 167M | Prohibition on director acting unless ID verified ^F1

(1)An individual must not act as a director of a company unless the individual’s identity is verified (see section 1110A).^F1

(2)A company must ensure that an individual does not act as a director unless the individual’s identity is verified (see section 1110A).^F1

(3)A person who contravenes subsection (1) commits an offence.^F1

(4)If a company contravenes subsection (2) an offence is committed by—^F1

(a)the company, and^F1

(b)every officer of the company who is in default.^F1

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—^F1

(a)in England and Wales, to a fine;^F1

(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.^F1

(6)The only consequences of contravening subsections (1) and (2) are the offences provided for by this section (so that, for example, a contravention does not in any way affect the validity of an individual’s acts as a director).^F1