Economic Crime and Corporate Transparency Act 2023
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
175 Financial penalties: interaction with offences
In section 39 of the Economic Crime (Transparency and Enforcement) Act 2022 (financial penalties), in subsection (4)— (a) for paragraph (a) (but not the “and” at the end) substitute— (a) no financial penalty may be imposed under the regulations on a person in respect of conduct amounting to an offence if— (i) proceedings have been brought against the person for that offence in respect of that conduct and the proceedings are ongoing, or (ii) the person has been convicted of that offence in respect of that conduct, ; (b) in paragraph (b), omit “or continued”.
175 Financial penalties: interaction with offences
In section 39 of the Economic Crime (Transparency and Enforcement) Act 2022 (financial penalties), in subsection (4)— (a) for paragraph (a) (but not the “and” at the end) substitute— (a) no financial penalty may be imposed under the regulations on a person in respect of conduct amounting to an offence if— (i) proceedings have been brought against the person for that offence in respect of that conduct and the proceedings are ongoing, or (ii) the person has been convicted of that offence in respect of that conduct, ; (b) in paragraph (b), omit “or continued”.
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