Singapore legislation

Section 66

of Accountants Act

Section 66

Penalty for certain offences

Any person who contravenes section 63 or 64 shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000 or to imprisonment for a term not exceeding 12 months and, in the case of a second or subsequent conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 2 years or to both.[51