Seán Sherlock (Cork East, Labour) | Oireachtas source

I move amendment No. 186:

In page 673, line 37, to delete “fine not exceeding €1,000” and substitute “class D fine”.

The function of this amendment is to take account of the fact that "not exceeding €1,000" fine formulations are now dealt with by the “class D" fine in the Fines Act 2010. This section provides that if the contravention in respect of which a person is convicted of an offence under this Bill is continued after the conviction, the person shall be guilty of a further offence on every day on which the contravention continues. This derives from section 240(6) of the Companies Act 1990.

See this speech in context