In forceAs enactedCurrent version · As enactedSee versions on Attorney General's Chambers(opens the publisher’s site)
Securities Markets Order, 2013 · As enacted · Part XIII · General
Securities Markets Order, 2013 · As enacted · Part XIII · General
Official textFrom Attorney General's Chambers, unchanged
( 1)
This section applies to regulated persons who are licensed under this
Order.
Licensees referred to in subsection ( 1) shall pay administrative charges to the Authority as it may determine.
A licensee who fails to notify the Authority by the period specified in each relevant section or by any period determined shall, in addition thereto, pay a late payment penalty in an amount not exceeding $50,000, and in the case of a continuing offence, to a further fine not exceeding $5,000 for every day after or part thereof during which the offence continues after conviction.