Section 91(2)

If, in the case of a contravention by a person referred to in subsection (1), ... ... or (1B)(a)(ii) or (b) (“P”), the FCA considers that another person who was at the material time a director of P was knowingly concerned in the contravention, it may impose upon him a penalty of such amount as it considers appropriate.

← 1B · All articles · 2A →

Source: legislation.gov.uk · retrieved 2026-09-04