A company may have a common seal, but need not have one.
A company which has a common seal shall have its name engraved in legible characters on the seal.
If a company fails to comply with subsection (2) an offence is committed by—
the company, and
every officer of the company who is in default.
An officer of a company, or a person acting on behalf of a company, commits an offence if he uses, or authorises the use of, a seal purporting to be a seal of the company on which its name is not engraved as required by subsection (2).
A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale.
This section does not form part of the law of Scotland.