Offences
124A Offences
A person must not:
act as a promoter of a prohibited third-party trading scheme; or
(b) as a party to a prohibited third-party trading scheme, supply goods or services; or
(c) publish an advertisement relating to a prohibited third-party trading scheme or cause such an advertisement to be published.
Maximum penalty: If the offender is a natural person –500 penalty units or imprisonment for 2 years.
If the offender is a body corporate –2 500 penalty units.
(2) A person who acts as a promoter of a third-party trading scheme or supplies goods or services as a party to a third-party trading scheme must not breach a condition prescribed for the purposes of section 124B(1) in relation to a third-party trading scheme of the type for which he or she acts as a promoter or to which he or she is a party.
Maximum penalty: If the offender is a natural person –500 penalty units or imprisonment for 2 years.
If the offender is a body corporate –2 500 penalty units.
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.