Central Bank (Supervision and Enforcement) Act 2013

57

Convicted person liable for costs and expenses of investigation and proceedings.

57.— (1) Where a person is convicted of an offence under financial services legislation, the court shall, unless it is satisfied that there are special and substantial reasons for not so doing, order the person to pay to the Bank the costs and expenses, measured by the court, incurred by the Bank in relation to the investigation, detection and prosecution of the offence, including the expenses of and incidental to an examination of any information provided to the Bank or an authorised officer.

(2) An order for costs and expenses under subsection (1) is in addition to and not instead of any fine or other penalty the court may impose.