Section 88
Offence by an individual
ActIn forceProvision 111 of 143
Section 88
Where a person is liable under this Act to a penalty for any act, omission, neglect or default, he shall be liable to the same penalty for the act, omission, neglect or default of his employee, director,
Anti-Money Laundering, Anti-Terrorism 123
Financing and Proceeds of Unlawful
Activities controller, or agent if the act, omission, neglect or default was committed by—
(a)
his employee in the course of the employee’s employment;
(b)
his director in carrying out the function of a director;
(c)
his controller in carrying out the function of a controller;
or
(d)
his agent when acting on his behalf.