Corporations Amendment (Financial Market Supervision) Act 2010 (26 of 2010)

Schedule 1   Supervision of financial markets

Corporations Act 2001

28   After subsection 1317G(1B)

Insert:

Market integrity rules

(1C) A Court may order a person to pay the Commonwealth a pecuniary penalty if:

(a) a declaration of contravention by the person has been made under section 1317E; and

(b) the contravention is of subsection 798H(1) (complying with market integrity rules).

(1D) The maximum amount that the court may order the person to pay for contravening a market integrity rule is the penalty amount set out in the market integrity rules for the rule.