Companies (Amendment) Act, 1982

Increase of penalties.

15.—A person convicted of an offence for which a penalty is provided in any section of the Principal Act specified in column (2) of the First Schedule at any reference number shall, in lieu of the penalty provided in any such section and specified in column (3) of that Schedule, be liable to the penalty specified in column (4) of that Schedule at that reference number, and that section shall be construed and have effect accordingly.