Contingency Fees Act, 1997
R 385.00
Financial Sector Regulation Act, 2017 (Act No. 9 of 2017)Chapter 17 : MiscellaneousPart 3 : Offences and penalties268. Enforcement |
| (1) | A person that contravenes section 149(1) commits an offence and is liable on conviction to a fine not exceeding R15 000 000 or imprisonment for a period not exceeding 10 years, or to both a fine and such imprisonment. |
| (2) | A person who contravenes section 153(4)(a) commits an offence and is liable on conviction to a fine not exceeding R15 000 000 or imprisonment for a period not exceeding 10 years, or to both a fine and such imprisonment. |
| (3) | If— |
| (a) | a person who is subject to a debarment order contravenes section 153(4)(a) by entering into an arrangement referred to in section 153(4)(b); and |
| (b) | the other party to the arrangement knew or should reasonably have known that entering into the arrangement contravened that section, |
the other party to the arrangement also commits an offence and is liable on conviction to a fine not exceeding R15 000 000 or imprisonment for a period not exceeding 10 years, or to both a fine and such imprisonment.
| (4) | A person who contravenes section 153(5) commits an offence and is liable on conviction to a fine not exceeding R5 000 000. |
