Trade Practices Amendment (Australian Consumer Law) Act (No. 1) 2010 (44 of 2010)

Schedule 3   Amendment of corporations legislation

Part 2   Pecuniary penalties

Australian Securities and Investments Commission Act 2001

10   Paragraph 12GCA(a)

Repeal the paragraph, substitute:

(a) the Court considers that it is appropriate:

(i) to impose a fine under section 12GB on a person (the defendant ); or

(ii) to order a person (the defendant ) to pay a pecuniary penalty under section 12GBA;

in respect of a contravention, or an involvement in a contravention, of this Division; and