In force2022 Revised EditionCurrent version · 2022 Revised EditionSee versions on Attorney General's Chambers(opens the publisher’s site)
Secured Transactions Act · 2022 Revised Edition · Part · General
Secured Transactions Act · 2022 Revised Edition · Part · General
Official textFrom Attorney General's Chambers, unchanged
The Registrar or any person authorised by him in writing may compound any offence against this Act by collecting from the person reasonably suspected of having committed that offence a sum of money not exceeding $1,000.
Registrar
“Registrar” means the Registrar of Collateral Registry appointed under section 5 and includes any Deputy Registrar of Collateral Registry;
On payment of such sum of money, no further proceedings shall be taken against such person in respect of the offence.
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Registrar
“Registrar” means the Registrar of Collateral Registry appointed under section 5 and includes any Deputy Registrar of Collateral Registry;