OpenLegislation

Paragraph 12

United Kingdom

(1)

Section 17 of the 1931 Act (defence for certain bodies corporate, firms and partnerships) is amended as follows.

(2)

In paragraph (a), for “superintendent who is a registered person and" substitute “ registered person ”.

(3)

In paragraph (b), for the words from “and" to “who is" substitute “ it is carried on by or under the supervision of ”.

(4)

For the sidenote substitute “ Defence for business under control and management o f registered person ”.

Notes on Schedule 2

Textual amendments

F1

Sch. 2 repealed (21.7.1997) by 1997 c. 22, s. 27, Sch. 3 (with Sch. 2 para. 16); S.I. 1997/1672, art. 2