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COMPANIES AND SECURITIES (INTERPRETATION AND MISCELLANEOUS PROVISIONS) ACT 1980 No. 68 of 1980 - SECT 39
Penalties at foot of sections or sub-sections
PART IV-OFFENCES UNDER NATIONAL COMPANIES
AND SECURITIES COMMISSION ACT
39. (1) Subject to sub-section (2), the penalty, pecuniary or other, set out-
(a) at the foot of a section of the National Companies and Securities
Commission Act 1979 ; or
(b) at the foot of a sub-section of a section of the
National Companies and Securities Commission Act 1979 , but not at
the foot of the section, indicates that a contravention of the section
or the sub-section, respectively, whether by act or omission, is an
offence against that Act, punishable upon conviction by a penalty not
exceeding the penalty so set out.
(2) Where a penalty set out at the foot of a section, or sub-section of a
section, of the National Companies and Securities Commission Act 1979 is
expressed to apply to a part only of the section or sub-section, it applies to
that part only.
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