Irish Takeover Panel Act, 1997

Penalties and proceedings.

25.—(1) A person guilty of an offence under section 11 (5) or 17 (3) shall be liable, on summary conviction, to a fine not exceeding £1,500 or to imprisonment for a term not exceeding 12 months or to both.

(2) Proceedings for an offence under section 11 (5) or 17 (3) may be brought and prosecuted by the Panel.

(3) Notwithstanding section 10 (4) of the Petty Sessions (Ireland) Act, 1851 , proceedings for an offence under section 11 (5) or 17 (3) may be instituted within 2 years from the date of the offence.