Section 143V Offence of breaching a Part 9C prohibition orderF1
United Kingdom
(1)
An individual who performs a function, or agrees to perform a function, in breach of a Part 9C prohibition order commits an offence.
(2)
An individual who commits an offence under this section is liable—
(a)
on summary conviction in England and Wales, to a fine, and
(b)
on summary conviction in Scotland or Northern Ireland, to a fine not exceeding level 5 on the standard scale.
(3)
In proceedings for an offence under this section, it is a defence for the individual to show that they took all reasonable precautions and exercised all due diligence to avoid committing the offence.
Annotations
Textual amendments
- F1
Pt. 9C inserted (1.7.2021) by Financial Services Act 2021 (c. 22), s. 49(5), Sch. 2 para. 1; S.I. 2021/671, reg. 4(b)