Page 787 - IOM Law Society Rules Book

c.13 Proceeds of Crime Act 2008 409

(b) for carrying out an investigation into whether property
has been obtained as a result of or in connection with
criminal conduct; or

(c) for carrying out an investigation into whether a money
laundering offence has been committed.

(12) This section applies for the purposes of this Part.

PART 8

AMENDMENTS TO CUSTOMS AND EXCISE
MANAGEMENT ACT 1986

219. Schedule 5 contains amendments to the Customs and Excise Amendments
Management Act 1986. to Customs
and Excise
Management
Act 1986
PART 9 [c.34]

AMENDMENTS TO CRIMINAL JUSTICE LEGISLATION

220. Schedule 6 contains amendments to the Criminal Justice Act Amendments
1990 and the Criminal Justice Act 1991. to criminal
justice
legislation

PART 10

MISCELLANEOUS AND GENERAL

Miscellaneous

221. (1) This section applies where an offence under this Act is Offences
committed by a body corporate and it is proved that the offence — by bodies
corporate
(a) was committed with the consent or connivance of an
officer of the body; or

(b) was attributable to neglect on the part of an officer of
the body.

(2) The officer, as well as the body, shall be guilty of the
offence.

(3) Where an individual is convicted of an offence under
this Act by virtue of this section, the individual shall be liable to
the same penalty as the body corporate.

(4) In this section “officer” includes —

(a) a director, manager or secretary;