Singapore legislation

Section 49

of Commodity Trading Act 1992

Section 49

Penalties

A person who contravenes any of the provisions of this Part shall be guilty of an offence and shall be liable on conviction —

(a)

in the case of an individual, to a fine not exceeding $250,000 or to imprisonment for a term not exceeding 7 years or to both; or

(b)

in the case of a body corporate, to a fine not exceeding $500,000.

Section 49 — Commodity Trading Act 1992 | laws.sg