Commentary

A7.110 Money laundering offences—penalties

Administration and compliance

A7.110 Money laundering offences—penalties

A7.110 Money laundering      offences—penalties

A person guilty of a money laundering offence under      the provisions described in A7.102 is liable:

  1.  

    •     on summary conviction, to imprisonment for up to six months or a      fine up to the statutory maximum (£5,000) or both, or

  2.  

    •     on conviction on indictment, to imprisonment for up to 14 years      or to a fine (unlimited) or both1

A person who is guilty of an offence under any of the provisions      described in A7.104,      A7.105 or A7.106 is liable:

  1.  

    •     on summary conviction, to imprisonment for up to six months or

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