70.—(1) Summary proceedings for an offence under these Regulations may, without prejudice to any jurisdiction exercisable apart from this regulation, be taken against an investment company with variable capital or other body corporate, or an unincorporated association, at any place at which it has a place of business and against an individual at any place where he is for the time being.
(2) Proceedings for an offence alleged to have been committed under these Regulations by an unincorporated association shall be brought in the name of the association (and not in that of any of its members), and for the purposes of any such proceedings any court rules relating to the service of documents apply as in relation to a body corporate.
(3) Section 18 of the Criminal Justice Act (Northern Ireland) 1945(1) and Schedule 4 to the Magistrates' Courts (Northern Ireland) Order 1981 (procedure on charge of offence against a corporation) apply in a case in which an unincorporated association is charged with an offence under these Regulations as they apply in the case of a corporation.
(4) A fine imposed on an unincorporated association on its conviction of such an offence shall be paid out of the funds of the association.