Part 8: Financial sanctions Section 148: Monetary penalties: bodies corporate and unincorporated associations
This section deals with cases where financial sanctions have been breached by corporate bodies or unincorporated associations, and that breach is also attributable to an individual person. In such cases, the Treasury may impose a monetary penalty upon the individual person as well as on the body corporate or unincorporated association.
	Subsection (1) provides that a monetary penalty can be imposed on any officer of the body (as defined in subsection (2)) who consented to or took part in any conduct which results in a breach of financial sanctions or whose negligence has caused a breach of financial sanctions.