National Security and Investment Act 2021

43Monetary penalties: criminal proceedings and convictions

This section has no associated Explanatory Notes

(1)A penalty notice may not be given to a person in respect of an offence if—

(a)criminal proceedings have been instituted but not concluded in respect of the offence, or

(b)the person has been convicted of the offence.

(2)Where a person has paid, or is required to pay, a monetary penalty under a penalty notice, no criminal proceedings may be instituted against the person in respect of the offence to which the notice relates.