Part V Jurisdiction, Imprisonment, Fines, Etc.

Imprisonment

48 Increase in penalty for insider dealing.

1

In section 8(1)(a) of the M1Company Securities (Insider Dealing) Act 1985 (under which the maximum term of imprisonment for insider dealing offences is 2 years) for “2" there shall be substituted “7".

2

Nothing in subsection (1) above shall affect the punishment for an offence committed before this section comes into force.