Prohibition on initiating proceedings under the penal provision bars new prosecutions for reporting non compliance from amendment commencement. The amendment inserts a second proviso to the penal provision for failure to comply with specified reporting obligations, providing that no proceeding ... Summary
Prohibition on initiating proceedings under the penal provision bars new prosecutions for reporting non compliance from amendment commencement.
The amendment inserts a second proviso to the penal provision for failure to comply with specified reporting obligations, providing that no proceeding shall be initiated under that penal provision on or after the amendment's commencement; the change takes effect from that commencement date and bars initiation of new proceedings relating to those reporting non compliances thereafter.
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