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Companies Act, 2008 (Act No. 71 of 2008)

Chapter 9 : Offences, Miscellaneous Matters and General Provisions

Part A : Offences and penalties

216. Penalties

 

 

Any person convicted of an offence in terms of this Act, is liable—

a) in the case of a contravention of section 213(1) or 214(1), to a fine or to imprisonment for a period not exceeding 10 years, or to both a fine and imprisonment; or
b) in any other case, to a fine or to imprisonment for a period not exceeding 12 months, or to both a fine and imprisonment.