Section 69

A person against whom a prohibition order is made must comply with the prohibition order.

Where a prohibition order is made against a person and notified to a licensed financial adviser or exempt financial adviser, the licensed financial adviser or exempt financial adviser must not employ the firstmentioned person to provide any financial advisory service or use his or her service, to the extent that this is prohibited by the order.

Any person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $75,000 or to imprisonment for a term not exceeding 2 years or to both.

Any licensed financial adviser or exempt financial adviser which contravenes subsection (2) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000.

A licensed financial adviser or exempt financial adviser against whom a prohibition order has been issued prohibiting it from providing any financial advisory service must immediately inform all its representatives who perform the financial advisory service, by written notice of such prohibition order, and the representatives who are so informed must cease to perform such financial advisory service during the period specified in the prohibition order.

Any person who contravenes subsection (5) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $75,000 and, in the case of a continuing offence, to a further fine not exceeding $7,500 for every day or part of a day during which the offence continues after conviction.[60