Vicarious liability for deposit-takers: corporate officers and the entity face prosecution unless due diligence is proved.

Section 25 deems a non individual deposit taker and every person in charge of its business deemed guilty where an offence under the Act is committed, subject to an exculpatory due diligence defence if the person proves lack of knowledge or exercise of all due diligence; directors, managers, secretaries, promoters, partners, employees and other officers are also personally liable where the offence occurred with their consent or connivance or is attributable to their neglect.

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