Insolvency Law Reform Act 2016 (11 of 2016)

Schedule 2   Amendments relating to the Insolvency Practice Schedule (Corporations)

Part 2   Amendments consequential on the introduction of the Insolvency Practice Schedule (Corporations)

Corporations Act 2001

263   Schedule 3 (table item 130)

Repeal the item, substitute:

130

Subsection 475(9)

(a) if the offence relates to a provision other than subsection 475(4) - 25 penalty units or imprisonment for 6 months, or both; or

(b) if the offence relates to subsection 475(4) - 50 penalty units.