Singapore legislation

Section 40

of Accountants Act

Section 40

Penalty for certain offences

Any person contravening section 35, 36, 37 or 38 shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $1,000 or to imprisonment for a term not exceeding one year and on a second or subsequent conviction to a fine not exceeding $2,000 or to imprisonment for a term not exceeding 2 years for every such offence. [41