Investment Funds, Companies and Miscellaneous Provisions Act 2005
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Amendment of section 13 of Consumer Credit Act 1995. |
82.—The Consumer Credit Act 1995 is amended by substituting the following section for section 13: | |
“13.—(1) A person who is guilty of an offence under this Act shall be liable— | ||
(a) on summary conviction, to a fine not exceeding €3,000 or imprisonment for a term not exceeding 12 months or both, or | ||
(b) on conviction on indictment, to a fine not exceeding €100,000 or imprisonment for a term not exceeding 5 years or both. | ||
(2) Where a person is convicted of an offence under this Act and there is a continuation of the offence by the person after his or her conviction, the person shall be guilty of a further offence on every day on which the contravention continues and for each such offence shall be liable— | ||
(a) on summary conviction, to a fine not exceeding €1,000, or | ||
(b) on conviction on indictment, to a fine not exceeding €10,000.”. |