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of <h1>Section 25: Liability for Offences by Non-Individual Deposit Takers; Directors and Officers May Also Be Held Accountable.</h1> Section 25 of the Banning of Unregulated Deposit Schemes Act, 2019, addresses offences by deposit takers other than individuals. It holds every person responsible for the conduct of the deposit taker's business guilty if an offence occurs. However, liability can be avoided if the person proves lack of knowledge or due diligence. Additionally, if the offence is committed with the consent, connivance, or neglect of any director, manager, secretary, promoter, partner, employee, or officer, those individuals are also deemed guilty and subject to punishment.
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