23 Contravention of the general prohibition [or section 20(1) or (1A)]
23 Contravention of the general prohibition [or section 20(1) or (1A)]

(1)     A person who contravenes the general prohibition is guilty of an offence and liable—

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

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

[(1A)     An authorised person (“A”) is guilty of an offence if A carries on a credit-related regulated activity in the United Kingdom, or purports to do so, otherwise than in accordance with permission—

(a)     given to that person under Part 4A, or

(b)     resulting from any other provision of this Act.

(1B)     In this Act “credit-related regulated activity” means a regulated activity of a kind designated by the Treasury by order.