Penalties for contravening registration of charges: company fines and officer liability including imprisonment or fine. The Chapter imposes monetary penalties on a company that contravenes its provisions and subjects every officer in default to imprisonment for a limited ... Summary
Penalties for contravening registration of charges: company fines and officer liability including imprisonment or fine.
The Chapter imposes monetary penalties on a company that contravenes its provisions and subjects every officer in default to imprisonment for a limited term, a monetary penalty, or both, thereby creating both corporate fines and personal officer liability to secure compliance with registration of charges requirements.
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