Profit to be forfeited in case of unlicensed trading etc.
94A Profit to be forfeited in case of unlicensed trading etc.
S. 94A inserted by No. 86/1994 s. 42.
S. 94A(1) substituted by No. 58/2016 s. 12(1), amended by Nos 6/2025 s. 82, 36/2026 s. 29.
This section applies if a Court finds an offence against section 12, 13, 29, 47A, 47AB, 47AE(1), 47AF, 47AH, 47B or 47C(2), (2C), (2D), (2E), (2EA), (2EB), (2F) or (2G) proven against a person.
S. 94A(2) amended by No. 17/2004 s. 7(2), substituted by No. 58/2016 s. 12(2).
In addition to any other penalty the Court may impose on the person, the Court may order the person to pay to the Fund any amount received by the person or owing to the person as commission or other consideration—
while the offence was being committed; or
after the offence was committed.
Any such order is to be treated as if it were a fine imposed by the Court.
This Act’s bill:Second reading speech
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