I move amendment No. 31 :
To delete lines 15 to 17 and substitute:
" owner, he shall be liable, on conviction on indictment, to imprisonment for a term not exceeding 2 years or to a fine not exceeding £500 or to both, or, on summary conviction, to imprisonment for a term not exceeding 6 months or to a fine not exceeding £100 or to both."
The purpose of this amendement is to bring the penalty form into line with what is used elsewhere in the Bill.
The other is merely a carry-over of the old section.
I cannot find anywhere any provision in respect of a penalty for a person who personates a shareholder by attending at a meeting of the company and, as such, votes and throws the whole balance of share-holding out of gear and in fact either causes a resolution to be defeated or passed by a personated vote. I think it could be brought into this section.
Yes.
That could invalidate the vote and the decision.
Yes, and banjax everything. There ought to be a penalty against him for doing it.
I agree.
It might be covered in some other Act but certainly I think it is a point I ought to look into, now that Deputy Sweetman has raised it.
I am happy.
