Criminal Justice (Money Laundering and Terrorist Financing) Act 2010
|
Authorisations held by partnerships. |
86.— (1) A reference in a relevant document to the holder or proposed holder of an authorisation includes, in a case where the holder or proposed holder is a partnership, a reference to each partner of the partnership unless otherwise specified. | |
(2) A reference in subsection (1) to a relevant document is a reference to any of the following: | ||
(a) this Chapter; | ||
(b) a regulation made for the purposes of this Chapter; | ||
(c) an authorisation or condition of an authorisation; | ||
(d) any notice or direction given under this Chapter; | ||
(e) any determination under this Chapter. | ||
(3) Without prejudice to the generality of subsection (1) or section 111 , where any requirement is imposed by or under this Chapter on the holder of an authorisation and failure to comply with the requirement is an offence, each partner of a partnership (being a partnership that is the holder of an authorisation) who contravenes the requirement is liable for the offence. |