Section 65
Penalties under this Subdivision
of Securities and Futures Act 2001
ActIn forceProvision 125 of 701
Section 65
Amended by34/20124/2017
Any approved clearing house which contravenes section 57(1), 58(1) or (3), 59, 61(1), 62, 63 or 64(1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $200,000 and, in the case of a continuing offence, to a further fine not exceeding $20,000 for every day or part of a day during which the offence continues after conviction.