New South Wales Consolidated Acts

BANKS AND BANK HOLIDAYS ACT 1912 - SECT 6

6 Penalty for neglecting to keep or make such returns

(1) If any such bank:

(a) neglects to keep such weekly accounts, or

(b) neglects to make out or to return or deliver to the Chief Secretary such quarterly abstracts as aforesaid,

it shall forfeit for every such offence the sum of one thousand dollars.

(2) If any managing director, manager, chief cashier, or clerk verifying such abstract, delivers or returns to the Chief Secretary any false account or abstract of such averages, the bank making such false account or abstract shall forfeit for every such offence the sum of one thousand dollars; and the managing director, manager, chief cashier, or clerk so offending shall also forfeit for every such offence the sum of two hundred dollars.

(3) Such penalties may be recovered respectively by action of debt in any court of competent jurisdiction.