Credit Union Act, 1997
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PART XIII Offences and Civil Proceedings | ||
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Offences: general provisions. |
171.—(1) If a credit union or any other person contravenes any provision of Part II , that credit union or other person shall be guilty of an offence. | |
(2) A credit union or other person who is guilty of an offence under subsection (1) or any other provision of this Act, other than an offence for which a different penalty is expressly provided, shall be liable— | ||
(a) on summary conviction to a fine not exceeding £1,000 or to imprisonment for a term not exceeding three months or both; or | ||
(b) on conviction on indictment to a fine not exceeding £5,000 or to imprisonment for a term not exceeding two years or both. | ||
(3) If the contravention in respect of which a credit union or other person is convicted of an offence under any provision of this Act is continued after that conviction, that credit union or other person shall be guilty of a further offence for every day on which the contravention continues and for each such offence shall be liable on summary conviction to a fine not exceeding £250 or, on conviction on indictment, to a fine not exceeding £1,500. | ||
(4) Summary proceedings for an offence under any provision of this Act may be instituted by the Registrar. | ||
(5) Notwithstanding section 10 (4) of the Petty Sessions (Ireland) Act, 1851 , summary proceedings for an offence under any provision of this Act may be instituted within three years from the date of the offence. |