Section 123ZS
Penalties under this Subdivision
of Securities and Futures Act 2001
ActIn forceProvision 684 of 701
Section 123ZS
Amended by4/2017
Any authorised benchmark submitter, exempt benchmark submitter or designated benchmark submitter which contravenes section 123ZL, 123ZM, 123ZN, 123ZO, 123ZP or 123ZR shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000 and, in the case of a continuing offence, to a further fine not exceeding $5,000 for every day or part of a day during which the offence continues after conviction.