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CORPORATIONS ACT 2001

CHAPTER 9 - MISCELLANEOUS  

PART 9.4 - OFFENCES  

Division 2 - Offences generally  

SECTION 1312  PENALTIES FOR BODIES CORPORATE  

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1312(1)  [Penalties]  


Where a body corporate is convicted of an offence against this Act, the penalty that the court may impose is a fine not exceeding 5 times the maximum amount that, but for this section, the court could impose as a pecuniary penalty for that offence.

1312(2)  [Limitation]  

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Subsection (1) does not apply in relation to the following provisions of this Act:


(a) section 1041A;


(b) subsection 1041B(1);


(c) subsection 1041C(1);


(d) section 1041D;


(e) subsection 1041E(1);


(f) subsection 1041F(1);


(g) subsection 1041G(1);


(h) subsection 1043A(1);


(i) subsection 1043A(2).

Note: The penalties applicable to these provisions in relation to bodies corporate are set out in the relevant item of the table in Schedule 3.


 



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