Singapore legislation

Clause 51

of Accountants Bill

Clause 51

Penalty for certain offences

Any person who contravenes section 48 or 49 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 one year and on 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.