Singapore legislation
Clause 10
Clause 10
Penalty
(1)
Any person who commits an offence under this Act or any of the rules made thereunder shall be liable on conviction —
(a)
to a fine not exceeding one thousand dollars 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 execeeding five thousand dollars or to imprisonment for a term not exceeding six months or to both such fine and imprisonment and, if the offence is committed with intent to evade the surcharge, shall also be liable to a penalty equal to five times the amount of the surcharge.
(2)
The Comptroller may compound any offence under this Act.