New Zealand Acts

COMMERCE (CARTELS AND OTHER MATTERS) AMENDMENT ACT 2017 - SECT 30

30 Offences

1 Section 103 is amended by repealing subsection (4) and substituting the following subsection:

4 A person who contravenes subsection (1), (2), or (3) commits an offence and is liable on conviction to,—

a) in the case of an individual, a fine not exceeding $100,000:

b) in any other case, a fine not exceeding $300,000.

2 Section 103(5) is amended by omitting 6 months and substituting 3 years.