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Criminal Justice Act 1993

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Changes over time for: Section 61

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Version Superseded: 01/11/2021

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Point in time view as at 01/04/1994. This version of this provision has been superseded. Help about Status

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There are currently no known outstanding effects for the Criminal Justice Act 1993, Section 61. Help about Changes to Legislation

61 Penalties and prosecution.U.K.

(1)An individual guilty of insider dealing shall be liable—

(a)on summary conviction, to a fine not exceeding the statutory maximum or imprisonment for a term not exceeding six months or to both; or

(b)on conviction on indictment, to a fine or imprisonment for a term not exceeding seven years or to both.

(2)Proceedings for offences under this Part shall not be instituted in England and Wales except by or with the consent of—

(a)the Secretary of State; or

(b)the Director of Public Prosecutions.

(3)In relation to proceedings in Northern Ireland for offences under this Part, subsection (2) shall have effect as if the reference to the Director of Public Prosecutions were a reference to the Director of Public Prosecutions for Northern Ireland.

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