“Paragraph 8(1) of Schedule 7A (individual regulated participant knowingly enters controlled transaction with unauthorised participant) | On summary conviction: statutory maximum or 12 months
On indictment: fine or 1 year
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Paragraph 8(2) of Schedule 7A (responsible person of members association which enters controlled transaction with unauthorised participant) | On summary conviction: statutory maximum or 12 months
On indictment: fine or 1 year
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Paragraph 8(3) of Schedule 7A (individual regulated participant failing to repay money obtained under controlled transaction with unauthorised participant) | On summary conviction: statutory maximum or 12 months
On indictment: fine or 1 year
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Paragraph 8(4) of Schedule 7A (responsible person failing to repay money obtained by members association under controlled transaction with unauthorised participant) | On summary conviction: statutory maximum or 12 months
On indictment: fine or 1 year
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Paragraph 8(5) of Schedule 7A (individual regulated participant knowingly benefits from connected transaction involving unauthorised participant) | On summary conviction: statutory maximum or 12 months
On indictment: fine or 1 year
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Paragraph 8(6) of Schedule 7A (responsible person of members association which knowingly benefits from connected transaction involving unauthorised participant) | On summary conviction: statutory maximum or 12 months
On indictment: fine or 1 year
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Paragraph 8(7) of Schedule 7A (individual regulated participant failing to repay value of benefit obtained in consequence of connected transaction involving unauthorised participant) | On summary conviction: statutory maximum or 12 months
On indictment: fine or 1 year
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Paragraph 8(8) of Schedule 7A (responsible person failing to repay value of benefit obtained by members association in consequence of connected transaction involving unauthorised participant) | On summary conviction: statutory maximum or 12 months
On indictment: fine or 1 year
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Paragraph 8(9) of Schedule 7A (facilitating controlled transaction involving unauthorised participant) | On summary conviction: statutory maximum or 12 months
On indictment: fine or 1 year
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Paragraph 12(1) of Schedule 7A (failure to deliver transaction report to Commission within time limit) | On summary conviction: Level 5 |
Paragraph 12(2) of Schedule 7A (failure to comply with requirements for recording transactions on transaction reports) | On summary conviction: statutory maximum or 12 months
On indictment: fine or 1 year
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Paragraph 13(4) of Schedule 7A (making a false declaration about a transaction report) | On summary conviction: statutory maximum or 12 months
On indictment: fine or 1 year”
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