Section 694 of Insolvency Act CAP 53: Offences by bodies corporate

    

(1) If—
(a) a body corporate commits an offence to which this section applies; and
(b) the offence is proved to have been committed with the consent or connivance of, or to be attributable to neglect on the part of, an officer of the body corporate or any person purporting to act as such,
the officer or person also commits an offence and is liable to be prosecuted for that offence and, if found guilty, to be punished for it to the same extent as the body corporate.
(2) An officer of a body corporate, or a person purporting to act as such an officer, may be prosecuted for an offence under subsection (1) even if the body corporate is not prosecuted for the offence from which that offence is derived.
(3) If the affairs of a body corporate are managed by its members, subsection (1) applies in relation to the acts and omissions of a member in connection with the member's management functions as if the member were an officer of the body corporate.


Disclaimer: This document is not to be taken as legal advise.

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