Treasury Laws Amendment (Financial Services Compensation Scheme of Last Resort) Act 2023 (46 of 2023)

Schedule 1   Financial services compensation scheme of last resort

Part 2   Other amendments

Corporations Act 2001

18   In the appropriate position in Schedule 3

Insert:

Subsection 1069L(6)

(a) for an individual - 100 penalty units for each day, or part of a day, in respect of which the offence is committed; and

(b) for a body corporate - 1,000 penalty units for each day, or part of a day, in respect of which the offence is committed