Corporations Act 2001

CHAPTER 10 - TRANSITIONAL PROVISIONS  

PART 10.1 - TRANSITION FROM THE OLD CORPORATIONS LEGISLATION  

Division 1 - Preliminary  

SECTION 1375   PENALTY UNITS IN RESPECT OF PRE-COMMENCEMENT CONDUCT REMAIN AT $100  

1375(1)   [ Amount of penalty unit]  

If, because of this Part, an offence can be prosecuted after the commencement in respect of conduct that occurred solely before the commencement, the amount of a penalty unit in respect of that offence is $100.

1375(2)   [ Continuing offences]  

If, because of this Part, section 1314 of this Act applies to conduct that started before the commencement and that continued after the commencement, then, for the purposes of the application of that section to that conduct (including the post-commencement conduct), the amount of a penalty unit is $100.

1375(3)   [ Paramountcy]  

This section has effect despite section 4AA of the Crimes Act 1914 .