Corporations Act 2001

CHAPTER 9 - MISCELLANEOUS  

PART 9.4 - OFFENCES  

Division 2 - Offences generally  

SECTION 1311A   PENALTY FOR COMMITTING AN OFFENCE  

1311A(1)    

A person who commits an offence against this Act is punishable on conviction by a penalty not exceeding the penalty applicable to the offence.

1311A(2)    

If:

(a)    a person commits an offence in the person ' s capacity as trustee of a registrable superannuation entity; and

(b)    the penalty applicable to the offence is, or includes, a fine;

then, in determining the fine for the offence, the court must take into account the impact that the fine under consideration would have on the beneficiaries of the entity.