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Textual Amendments
F1Pt. 9C inserted (1.7.2021) by Financial Services Act 2021 (c. 22), s. 49(5), Sch. 2 para. 1; S.I. 2021/671, reg. 4(b)
(1)An individual who performs a function, or agrees to perform a function, in breach of a Part 9C prohibition order commits an offence.
(2)An individual who commits an offence under this section is liable—
(a)on summary conviction in England and Wales, to a fine, and
(b)on summary conviction in Scotland or Northern Ireland, to a fine not exceeding level 5 on the standard scale.
(3)In proceedings for an offence under this section, it is a defence for the individual to show that they took all reasonable precautions and exercised all due diligence to avoid committing the offence.]