172. Failure to declare interest

Past version: effective from 14/06/2015 - 13/06/2015
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(1) A director who fails to comply with the requirements of section 171 (declaration of interest in existing transaction or arrangement) commits a contravention of these Regulations.
(2) A person who commits the contravention referred to in subsection (1) shall be liable to a level 2 fine.