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in fraudulent chapter. It is written
On summary conviction an individual found guilty of insider dealing is liable to a fine not exceeding the statutory maximum and/or a maximum of six months imprisonment. On indictment the penalty is an unlimited fine and/or a maximum of seven years imprisonment.Plz explain the difference between summary conviction and indictment penalty
you are preparing for the professional exams, right? so, it would be a good practice to write proper headings to your questions.
How many ‘doubts’ are you going to have when posting on the forums?? 🙂
It helps everyone when topics are better named –
Why did you not call it:
difference between summary conviction and indictment penalty
??
No Iam not preParing for professional exam but for f4 .
I apologize for that
Can have my doubt cleared ??Very, very simply, summary offenses are less important than indictable offenses.
An indictable offense may be heard in the Crown Court with a judge and jury or possibly, if it’s triable either way, in the Magistrates Court (unless the Magistrate believes that the maximum sentence available for Magistrates is likely too lenient for the offense committed
Summary conviction is through a Magistrates Court and magistrates are limited in the severity of the punishment they can order whereas judges in Crown Court do not have such limitations
Enough?
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