(1) Where -
(a) a sanction referred to in Regulation 41(1)(j), (k) or (l) has been or is to be imposed on an assessee by virtue of an order obtained under Regulation 40(4)(a) or 45(2)(a), and
(b) the acts that constitute the prescribed contravention to which the sanction relates also constitute an offence under a law of the State, then the assessee shall not, in respect of those acts, be liable to be prosecuted or punished for that offence under that law.
(2) A sanction referred to in Regulation 41(1)(j), (k) or (l) in respect of a prescribed contravention shall not be imposed on an assessee where -
(a) the assessee has been found guilty or not guilty of having committed -
(i) an offence under a provision of these Regulations, or
(ii) an offence referred to in section 1368 of the Companies Act 2014, and
(b) all or some of the acts constituting that offence also constitute the prescribed contravention.