Section 25(1)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
A person who contravenes section 21(1) is guilty of an offence and liable— on summary conviction, to imprisonment for a term not exceeding six months or a fine not exceeding the statutory maximum, or both; on conviction on indictment, to imprisonment for a term not exceeding two years or a fine, or both.
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Source: legislation.gov.uk · retrieved 2026-09-04