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Section 1054(3)

CA 2006
Companies Act 2006 · United Kingdom

The regulations must not provide— for imprisonment, or for the imposition on summary conviction of a fine 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 scaleone-tenth of the greater of £5,000 or level 4 on the standard scale.

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Source: legislation.gov.uk · retrieved 2026-09-04