Penalty for non-compliance imposes fines on the company and defaulting officers, with additional daily fines for continuing breaches. Rule 30 subjects a company and every officer or other person in default to a fine for failure to comply with any provision of the rule, and imposes an ... Summary
Penalty for non-compliance imposes fines on the company and defaulting officers, with additional daily fines for continuing breaches.
Rule 30 subjects a company and every officer or other person in default to a fine for failure to comply with any provision of the rule, and imposes an additional daily fine for each day after the first during which the contravention continues, thereby creating both an initial sanction and a continuing daily sanction to compel compliance.
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