Commentary

A7.110 Money laundering—penalties

Administration and compliance

A7.110 Money laundering—penalties

A7.110 Money laundering—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 a fine up to the statutory maximum

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