PART 7Enforcement

Penalties for offences30.

(1)

A person who commits an offence under any provision of Part 3 (Finance) or regulation 21 (finance: licensing offences) is liable—

(a)

on summary conviction in England and Wales, to imprisonment for a term not exceeding F1the general limit in a magistrates’ court or a fine (or both);

(b)

on summary conviction in Scotland, to imprisonment for a term not exceeding 12 months or a fine not exceeding the statutory maximum (or both);

(c)

on summary conviction in Northern Ireland, to imprisonment for a term not exceeding 6 months or a fine not exceeding the statutory maximum (or both);

(d)

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

(2)

A person who commits an offence under regulation 9(6) (confidentiality) F2or 21A (director disqualification: licensing offences) is liable—

(a)

on summary conviction in England and Wales, to imprisonment for a term not exceeding F3the general limit in a magistrates’ court or a fine (or both);

(b)

on summary conviction in Scotland, to imprisonment for a term not exceeding 12 months or a fine not exceeding the statutory maximum (or both);

(c)

on summary conviction in Northern Ireland, to imprisonment for a term not exceeding 6 months or a fine not exceeding the statutory maximum (or both);

(d)

on conviction on indictment, to imprisonment for a term not exceeding 2 years or a fine (or both).

(3)

A person who commits an offence under regulation 23(6) or 27 (information offences in connection with Part 3) is liable—

(a)

on summary conviction in England and Wales, to imprisonment for a term not exceeding 6 months or a fine (or both);

(b)

on summary conviction in Scotland, to imprisonment for a term not exceeding 6 months or a fine not exceeding level 5 on the standard scale (or both);

(c)

on summary conviction in Northern Ireland, to imprisonment for a term not exceeding 6 months or a fine not exceeding level 5 on the standard scale (or both).

(4)

In relation to an offence committed before F42nd May 2022, the reference in each of paragraphs (1)(a) and (2)(a) to F5the general limit in a magistrates’ court is to be read as a reference to 6 months.