S. 92 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.

http://www.legislation.gov.uk/ukpga/2012/21/section/92/2017-03-01Financial Services Act 2012An Act to amend the Bank of England Act 1998, the Financial Services and Markets Act 2000 and the Banking Act 2009; to make other provision about financial services and markets; to make provision about the exercise of certain statutory functions relating to building societies, friendly societies and other mutual societies; to amend section 785 of the Companies Act 2006; to make provision enabling the Director of Savings to provide services to other public bodies; and for connected purposes.texttext/xmlenStatute Law Database2026-08-12Expert Participation2017-03-01Financial Services Act 2012ActWater Act 2014s. 79(4)s. 94(3)Financial Services Act 2012ActWater Act 2014s. 81(10)s. 94(3)PART 7Offences relating to financial services
92Penalties(1)

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

(a)

on summary conviction, to imprisonment for a term not exceeding the applicable maximum term or a fine not exceeding the statutory maximum, or both;

(b)

on conviction on indictment, to imprisonment for a term not exceeding 7 years or a fine, or both.

(2)

For the purpose of subsection (1)(a) “the applicable maximum term” is—

(a)

in England and Wales, 12 months (or 6 months, if the offence was committed before the commencement of section 154(1) of the Criminal Justice Act 2003);

(b)

in Scotland, 12 months;

(c)

in Northern Ireland, 6 months.