Singapore legislation
Section 10
Section 10
Penalty
(1)
Any person who commits an offence under this Act or the rules made thereunder shall be liable on conviction —
(a)
to a fine not exceeding $1,000 and, if the offence is committed with intent to evade surcharge, shall also be liable to a penalty equal to the amount of the surcharge; or
(b)
if any fraud is used in the commission of the offence, to a fine not exceeding $5,000 or to imprisonment for a term not exceeding 6 months or to both and, if the offence is committed with intent to evade the surcharge, shall also be liable to a penalty equal to 5 times the amount of the surcharge.
(2)
The Comptroller may compound any offence under this Act.