Penalties for Coordinator, Interim Coordinator and directors of Coordinator
47ZY Penalties for Coordinator, Interim Coordinator and directors of Coordinator
If an offence under this Part expressly applies to the Coordinator, the penalty that is expressed to apply to that offence is, for the purposes of the Sentencing Act 1995 section 40, a statutory penalty expressly provided for a body corporate.
[(2) deleted]
If the Interim Coordinator is an individual and is convicted of an offence that expressly applies to the Coordinator, the Interim Coordinator is liable to a fine that is one‑fifth of the maximum fine that could be imposed on a company occupying the office of Coordinator of the scheme convicted of the offence under this Act.
[Section 47ZY inserted: No. 5 of 2019 s. 6; amended: No. 9 of 2023 s. 160.]
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