Paragraph 2

(1)

Section 14 (supplementary provisions relating to offences)^f1 is modified as follows.

(2)

In subsection (1)—

(a)

omit “or under regulations made under this Act”, and

(b)

for “any place in the United Kingdom” substitute “the Isle of Man ”.

(3)

For subsection (2) substitute—

“(2)

Proceedings for such an offence shall not be instituted in the Isle of Man except by or with the consent of the Attorney General for the Isle of Man.”.

(4)

Omit subsection (3).

(5)

After subsection (4) insert—

“(4A)

In subsection (4), “director”, in relation to a limited liability company constituted under the Limited Liabilities Companies Act 1996 (an Act of Tynwald), includes the company’s manager, registered agent and any member who manages the affairs of the company.”.

(6)

In subsection (5) omit “or of regulations made under this Act”.

Annotations

Footnotes

f1: Section 14(6) was repealed by Schedule 1, Part XIV of the Statute Law (Repeals) Act 1993 (c. 50).