As soon as reasonably practicable after a moratorium for a company comes into force, the directors must notify the monitor of that fact.
As soon as reasonably practicable after receiving a notice under subsection (1), the monitor must notify the following that a moratorium for the company has come into force—
the registrar of companies,
every creditor of the company of whose claim the monitor is aware,
in a case where the company is or has been an employer in respect of an occupational pension scheme that is not a money purchase scheme, the Pensions Regulator, and
in a case where the company is an employer in respect of such a pension scheme that is an eligible scheme within the meaning given by section 126 of the Pensions Act 2004, the Board of the Pension Protection Fund.
A notice under subsection (2) must specify—
when the moratorium came into force, and
when, subject to any alteration under or by virtue of any of the provisions mentioned in section A9(3) or (4), the moratorium will come to an end.
If the directors fail to comply with subsection (1), any director who did not have a reasonable excuse for the failure commits an offence.
If the monitor without reasonable excuse fails to comply with subsection (2), the monitor commits an offence.