Section 1225E(4)
CA 2006
Companies Act 2006 · United Kingdom
After considering any such representations or, in their absence, on the expiry of the period specified under subsection (1)(c), the Secretary of State must decide— whether to impose a penalty, and where the Secretary of State decides to do so, whether to reduce the proposed amount of the penalty.
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Source: legislation.gov.uk · retrieved 2026-09-04