Securities and Futures Act 2001 · 2020 Revised Edition · Part 12 · Market Conduct
204. Penalties under this Division
Feedback & supportLast amended by an amending law of 2009.
Any person who contravenes any of the provisions of this Division shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $250,000 or to imprisonment for a term not exceeding 7 years or to both.
No proceedings shall be instituted against a person for an offence in respect of a contravention of any of the provisions of this Division after —
a court has made an order against the person for the payment of a civil penalty under section 232; or
the person has entered into an agreement with the Authority to pay, with or without admission of liability, a civil penalty under section 232(5),in respect of that contravention.