Sch 1B para 5
(1) A person commits an offence if the person does anything listed in sub-paragraph (2) knowing that the interest is subject to restrictions. (2) The things are— (a) exercising or purporting to exercise any right to dispose of a relevant interest, (b) exercising or purporting to exercise any right to dispose of any right to be issued with a relevant interest, or (c) voting in respect of a relevant interest (whether as holder of the interest or as proxy) or appointing a proxy to vote in respect of a relevant interest. (3) A person who has a relevant interest that the person knows to be subject to restrictions commits an offence if the person— (a) knows a person to be entitled (apart from the restrictions) to vote in respect of the interest, whether as holder or as proxy, (b) does not know the person to be aware of the fact that the interest is subject to restrictions, and (c) fails to notify the person of that fact. (4) A person commits an offence if the person— (a) either has a relevant interest that the person knows to be subject to restrictions or is entitled to an associated right, and (b) enters in that capacity into an agreement that is void by virtue of paragraph 3(2) or (4). (5) References in this Schedule to an interest being “subject to restrictions” are to an interest being subject to restrictions by virtue of a restrictions notice under paragraph 1.