Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019 (50 of 2019)

Schedule 1   Amendments relating to design and distribution of financial products

Corporations Act 2001

9   Schedule 3 (after table item 290C)

Insert:

290CAA

Subsection 994B(2)

200 penalty units or imprisonment for 5 years, or both.

290CAB

Subsection 994B(9)

50 penalty units or imprisonment for 12 months, or both.

290CAC

Subsection 994C(2)

50 penalty units or imprisonment for 12 months, or both.

290CAD

Subsections 994C(3), (5) and (6)

200 penalty units or imprisonment for 5 years, or both.

290CAE

Section 994D

200 penalty units or imprisonment for 5 years, or both.

290CAF

Subsections 994E(1) and (3)

200 penalty units or imprisonment for 5 years, or both.

290CAG

Subsections 994F(1), (3), (4), (5), (6) and (8)

50 penalty units or imprisonment for 12 months, or both.

290CAH

Section 994G

100 penalty units or imprisonment for 2 years, or both.

290CAI

Subsection 994H(3)

100 penalty units or imprisonment for 2 years, or both.

290CAJ

Subsections 994J(7) and (8)

100 penalty units or imprisonment for 2 years, or both.