Where is the penalty for an offence specified?
288F Where is the penalty for an offence specified?
The penalty specified for an offence is the penalty, pecuniary or otherwise, specified in any provision of this Act for the offence.
To avoid doubt, a penalty is not specified for an offence if it is a consequence for committing the offence that is not a punishment on conviction for the offence.
Without limiting subsection (2), each of the following is a consequence for committing an offence that is not a punishment on conviction for the offence:
the availability of a pecuniary penalty order for the contravention of a civil penalty provision that relates to the same conduct as that which gave rise to the offence;
the availability of an infringement notice in relation to an alleged commission of the offence;
the availability of administrative consequences as a result of the commission of the offence, such as:
disqualification from any office; or
consequences in relation to a licence; or
other actions that may be taken by ASIC under this Act or any other Act;
the availability under any law of the Commonwealth or of a State or Territory (including the general law) of an order to refund money, pay compensation, relinquish a benefit or make any other payment if the offence is committed;
the availability under any law of the Commonwealth or of a State or Territory (including the general law) of an injunction or any other order directing a person to take, or refrain from taking, action if the offence is committed.
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