Declaration of responsible person as to transaction reports under paragraph 61S
62(1)Each report prepared under paragraph 61 in respect of regulated transactions entered into by a permitted participant must be accompanied by a declaration which complies with sub-paragraph (2) and is signed by the responsible person.S
(2)The declaration must state—
(a)that the responsible person has examined the report, and
(b)that to the best of the responsible person's knowledge and belief, it is a complete and correct report as required by law.
(3)A person commits an offence if—
(a)the person knowingly or recklessly makes a false declaration under this paragraph, or
(b)sub-paragraph (1) is contravened at a time when the person is the responsible person in the case of the permitted participant to which the report relates.
(4)A person who commits an offence under sub-paragraph (3) is liable—
(a)on summary conviction, to imprisonment for a term not exceeding 12 months or to a fine not exceeding the statutory maximum (or both),
(b)on conviction on indictment, to imprisonment for a term not exceeding 12 months or to a fine (or both).