Theft Act 1978

4 Punishments.E+W

(1)Offences under this Act shall be punishable either on conviction on indictment or on summary conviction.

(2)A person convicted on indictment shall be liable—

F1(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(b)for an offence under section 3 of this Act, to imprisonment for a term not exceeding two years.

(3)A person convicted summarily of any offence under this Act shall be liable—

(a)to imprisonment for a term not exceeding six months; or

(b)to a fine not exceeding the prescribed sum for the purposes of [F2section 32 of the Magistrates’ Courts Act 1980] (punishment on summary conviction of offences triable either way: £1,000 or other sum substituted by order under that Act),

or to both.