Paragraph 23

In regulation 64 (punishment for fraudulent trading)—

(a)

in paragraph (1)(a), for “two” substitute “ten”;

(b)

for paragraph (1)(b), substitute—

“(b)
on summary conviction—

(i)
in England and Wales, to imprisonment for a term not exceeding twelve months or a fine not exceeding the statutory maximum (or both);

(ii)
in Scotland or Northern Ireland, to imprisonment for a term not exceeding six months or a fine not exceeding the statutory maximum (or both).”.