C8C7Part XXVII Offences

Annotations:
Modifications etc. (not altering text)
C8

Pt. 27 applied (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 50(3)

C7

Pt. 27 applied (with modifications) (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services Act 2012 (Consumer Credit) Order 2013 (S.I. 2013/1882), arts. 1(1), 3(12)

Miscellaneous offences

F4397 Misleading statements and practices.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

C1C2C3C6C9398 Misleading F3FCA or PRA: residual cases.

C4C51

A person who, in purported compliance with any requirement F7falling within subsection (1A) knowingly or recklessly gives F5a regulator information which is false or misleading in a material particular is guilty of an offence.

F61A

A requirement falls within this subsection if it is imposed by or under—

a

this Act;

b

the Alternative Investment Fund Managers Regulations 2013;

c

the short selling regulation;

d

Regulation (EU) No 345/2013 of the European Parliament and the Council of 17 April 2013 on European venture capital funds; or

e

Regulation (EU) No 346/2013 of the European Parliament and the Council of 17 April 2013 on European social entrepreneurship funds.

2

Subsection (1) applies only to a requirement in relation to which no other provision of this Act creates an offence in connection with the giving of information.

C4C53

A person guilty of an offence under this section is liable—

a

on summary conviction, to a fine not exceeding the statutory maximum;

b

on conviction on indictment, to a fine.

399 Misleading F1the OFT.

Section 44 of the M1Competition Act 1998 (offences connected with the provision of false or misleading information) applies in relation to any function of F2the Office of Fair Trading under this Act as if it were a function under Part I of that Act.