Financial Services and Markets Act 2000

[F1143VOffence of breaching a Part 9C prohibition orderU.K.

This section has no associated Explanatory Notes

(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.]

Textual Amendments