Companies Act, 2008 (Act No. 71 of 2008)Chapter 9 : Offences, Miscellaneous Matters and General ProvisionsPart A : Offences and penalties216. Penalties |
Any person convicted of an offence in terms of this Act, is liable—
(a) | in the case of a contravention of section 213(1) or 214(1), to a fine or to imprisonment for a period not exceeding 10 years, or to both a fine and imprisonment; or |
(b) | in any other case, to a fine or to imprisonment for a period not exceeding 12 months, or to both a fine and imprisonment. |