Section 146

After section 33 of the Limited Partnerships Act 1907 (inserted by section 145 of this Act) insert— It is an offence for a person, without reasonable excuse, to— deliver or cause to be delivered to the registrar, for the purposes of this Act, a document that is misleading, false or deceptive in a material particular, or make to the registrar, for the purposes of this Act, a statement that is misleading, false or deceptive in a material particular. Where the offence is committed by a legal entity, every managing officer of the entity who is in default also commits the offence. A person guilty of an offence under this section is liable— on summary conviction in England and Wales, to a fine; on summary conviction in Scotland, to a fine not exceeding level 5 on the standard scale; on summary conviction in Northern Ireland, to a fine not exceeding level 5 on the standard scale. A managing officer is “in default” for the purposes of this section if they authorise or permit, participate in, or fail to take all reasonable steps to prevent, the contravention. But a corporate managing officer does not commit an offence as a managing officer in default unless one of its managing officers is in default. Where any such offence is committed by a corporate managing officer the managing officer in question also commits the offence (subject to subsection (5)). It is an offence for a person knowingly to— deliver or cause to be delivered to the registrar, for the purposes of this Act, a document that is misleading, false or deceptive in a material particular, or make to the registrar, for the purposes of this Act, a statement that is misleading, false or deceptive in a material particular. Where the offence is committed by a legal entity, every managing officer of the entity who is in default also commits the offence. A person guilty of an offence under this section is liable— on conviction on indictment, to imprisonment for a term not exceeding two years or a fine (or both); on summary conviction— in England and Wales, to imprisonment for a term not exceeding the general limit in a magistrates’ court or a fine (or both); in Scotland, to imprisonment for a term not exceeding 12 months or a fine not exceeding the statutory maximum (or both); in Northern Ireland, to imprisonment for a term not exceeding 6 months or a fine not exceeding the statutory maximum (or both). A managing officer is “in default” for the purposes of this section if they authorise or permit, participate in, or fail to take all reasonable steps to prevent, the contravention. But a corporate managing officer does not commit an offence as a managing officer in default unless one of its managing officers is in default. Where any such offence is committed by a corporate managing officer the managing officer in question also commits the offence (subject to subsection (5)).

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