848T Offences

Summary

This section creates the criminal offence of the making of a false declaration by an SSIA holder or a qualifying savings manager.

Details

(1) A person who makes a false declaration —

• on the commencement of an SSIA,
• on the maturity of an SSIA, or
• on the transfer of an SSIA (either by the individual concerned or the transferring manager),

is guilty of an offence which can result, on summary conviction, to a fine of €1,900 or, at the discretion of the court, to imprisonment for a term of up to 6 months, or to both a fine and imprisonment.

Relevant Date: Finance Act 2019