Seanad debates

Tuesday, 26 April 2005

Investment Funds, Companies and Miscellaneous Provisions Bill 2005: Committee and Remaining Stages.

 

4:00 pm

Photo of Michael AhernMichael Ahern (Cork East, Fianna Fail)

My briefing states that section 68 amends section 26 of the Prices Act 1958 to increase the maximum penalties, on conviction, under the prices Acts. It goes on to state the maximum penalty for a summary conviction is from €127 to €3,000. For a conviction on indictment, the penalty is increased from €635 to €50,000.

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