Automatic Enrolment Retirement Savings System Act 2024
|
Offences and penalties | ||
|
132. (1) A person guilty of an offence under section 24 (3), 50 (8), 53 (9), 128 or 131 shall be liable on summary conviction, to a class A fine or imprisonment for a term not exceeding 6 months or both. | ||
(2) A person guilty of an offence under section 122 (5), 123 (9) or 140 shall be liable— | ||
(a) on summary conviction, to a class A fine or imprisonment for a term not exceeding 6 months or both, or | ||
(b) on conviction on indictment, to a fine not exceeding€50,000 or imprisonment for a term not exceeding 3 years or both. | ||
(3) Where an offence under this Act is committed by a body corporate and is proved to have been so committed with the consent or connivance of any person, being a director, manager, secretary or other officer of the body corporate, or a person who was purporting to act in any such capacity, that person shall, as well as the body corporate, be guilty of an offence and shall be liable to be proceeded against and punished as if he or she were guilty of the first-mentioned offence. | ||
(4) Where the affairs of a body corporate are managed by its members, subsection (3) applies in relation to the acts and defaults of a member in connection with his or her functions of management as if he or she were a director or manager of the body corporate. |