104 Financial penalties

104  Financial penalties

(1)     The Companies Act 2006 is amended as follows.

(2)     In the heading to Part 36 (Offences under the Companies Acts), at the end insert “and financial penalties”.

(3)     After section 1132 insert—

“Financial penalties

1132A Power to make provision for financial penalties

(1)     The Secretary of State may by regulations make provision conferring power on the registrar to impose a financial penalty on a person if satisfied, beyond reasonable doubt,

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