- Laws of Fiji

Last Updated: 1 August 2020

[COM 13,785] SCHEDULE 1 (Regulation 3)MAXIMUM PENALTIES

[Sch 1 am Act 16 of 2020 s 4 and Sch, effective 1 August 2020]

Item	Section	Maximum penalty	Offence provision
1.	Section 24	Private company — $1,000	Failure to pay annual registration fee within 28 days
		Public company — $2,000
		Manager of managed investment scheme — $2,000
2.	Section 26(1)	$600	Company’s name
3.	Section 28(2)	$1,000	Changing company name — failure to lodge special resolution within 14 days
4.	Section 29(2)	$1,000	Failure to comply with Registrar’s direction
5.	Section 30	$600	Using a name
6.	Section 31(5)	$300	Power to dispense with “Limited” — failure to notify Registrar
7.	Section 32	$6,000	Firms and persons to be registered
8.	Section 34(2)	$300	Failure to register subsequent company
9.	Section 36	$1,000	Failure to register within 28 days after business commences trading under name
10.	Section 38	$600	Certificate of registration to be displayed
11.	Section 39(1)	$1,000	Failure to notify Registrar within 28 days of change occurring
12.	Section 39(4)	$1,000	Registration of changes
13.	Section 46(2)	$300	Failure to adopt articles of association
14.	Section 46(10)	$1,000	Failure to lodge special resolution adopting, modifying or repealing articles of association within 14 days after special resolution passed
15.	Section 49	$300	Failure to send copy of articles of association to member
16.	Section 50(1)	$300	Registered office
17.	Section 50(2)	$1,000	Failure to lodge notice of change of address of registered office within 14 days of change
18.	Section 50(5)	$600	Failure to display name prominently
19.	Section 50(6)	$300	Failure to display name and words “registered office”
20.	Section 51(2)	$1,000	Failure to lodge notice of change of principal place of business within 14 days of change
21.	Section 57(1)	$6,000	Foreign company — failure to register within 28 days of establishing place of business
22.	Section 59(1)	$6,000	Foreign company — failure to notify Registrar of changes to company within 56 days of change
23.	Section 59(2)	$6,000	Foreign company — failure to deliver a return in prescribed form to Registrar within 28 days
24.	Section 61(1)	$6,000	Foreign company — failure to lodge copy of financial statements
25.	Section 61(3)	$6,000	Foreign company — failure to prepare and lodge financial statements on time
26.	Section 62(1)	$6,000	Foreign company — failure to lodge written notice within 7 days after ceasing carrying on business in Fiji
27.	Section 62(11)(a)	$1,000	Foreign company — failure to lodge notice of winding up/deregistration and appointment of liquidator
28.	Section 62(12)	$1,000	Failure of liquidator of foreign company to perform functions
29.	Section 63(2)	$1,000	Foreign company — failure to register shares of member
30.	Section 63(3)	$1,000	Foreign company — failure to keep register in same manner as required of a company
31.	Section 64	$1,000	Foreign company — failure to lodge written notice of location of register within 14 days
32.	Section 66	$1,000	Foreign company — failure to keep registered office in same manner as required of a company
33.	Section 72	$1,000	Foreign company — failure to set out required details on all public documents and instruments
34.	Section 76(3)	$1,000	Failure to lodge copy of special resolution within 14 days
35.	Section 79(2)	$1,000	Failure to comply with direction within 2 months
36.	Section 81(1)	$600	Failure to maintain register
37.	Section 81(2)	$600	Failure to include choses in action in register
38.	Section 82(1)	$300	Failure to include members’ information in register of members
39.	Section 82(2)	$300	Failure of company with share capital to include further details in register
40.	Section 82(3)	$300	Failure to indicate member who does not hold share beneficially in register of company
41.	Section 82(5)	$300	Failure to include required information in register of managed investment scheme
42.	Section 82(6)	$300	Failure to include additional required information in register of members
43.	Section 83(1)	$300	Failure to include required information in register of option holders
44.	Section 83(2)	$300	Failure to update register of option holders
45.	Section 83(3)	$600	Failure to enter information on grant of option within 14 days after grant
46.	Section 83(4)	$300	Failure to keep copy of every document granting option with register
47.	Section 83(6)	$300	Failure to change register to reflect transfer of option to company or trustee of managed investment scheme
48.	Section 84(1)	$300	Failure to include required information in register of debenture holders
49.	Section 85(1)	$600	Failure to keep register at appropriate location
50.	Section 85(2)	$1,000	Failure to lodge notice of address where register is kept within 7 days
51.	Section 86(1)	$600	Failure to allow inspection of register
52.	Section 86(7)	$600	Failure to give person copy of register or part thereof within 7 days
53.	Section 86(9)	$600	Failure to give data on computer disk
54.	Section 89	$1,000	Failure to notify Registrar in prescribed form of any change to particulars in register
55.	Section 90	$600	Private company — failure to notify Registrar in prescribed form of any change to particulars in register
56.	Section 91(1)	$300	Requirement for at least 3 directors with at least 2 directors ordinarily resident in Fiji
57.	Section 91(2)	$300	Private company — minimum number of directors
58.	Section 92(1)	$300	Requirement for at least one company secretary ordinarily resident in Fiji
59.	Section 92(2)	$300	Private company — minimum number of company secretaries
60.	Section 93(2)	$1,500	Appointment of disqualified person as director or secretary without permission of Registrar or leave of court
61.	Section 94(1)	$300	Motion for appointment of 2 or more persons as directors made without resolution or agreement
62.	Section 99(1)	$1,500	Payment of directors in excess of approved amount
63.	Section 100(1)	$300	Failure to adhere to members’ direction to disclose information of each director’s remuneration
64.	Section 101(4)	$1,500	Unapproved benefit, payment, loan or other benefit of a financial nature
65.	Section 103	$200,000	Breach of powers
66.	Section 104	$200,000	Breach of duty to promote success of company
67.	Section 105	$200,000	Breach of duty to exercise independent judgement
68.	Section 106	$200,000	Breach of duty to exercise reasonable care, skill and intelligence
69.	Section 107	$200,000	Breach of duty to avoid conflict of interest
70.	Section 108	$200,000	Breach of duty not to accept benefits from third parties
71.	Section 109	$200,000	Breach of duty to declare interest in proposed transaction or arrangement
72.	Section 118(1)	$1,000	Failure to notify Registrar of a change or to lodge document
73.	Section 118(2)	$300	Failure by director of private company to adhere to section 118(1)
74.	Section 122(6)	$300	Failure to sign certificate stating cost of effecting insurance is fair to company
75.	Section 123(2)	$300	Failure by delegate to exercise powers delegated in accordance with any directions of directors
76.	Section 125(5)	$300	Failure by a company to allow a person to exercise right to inspect or take copies of company books
77.	Section 129(1)	$1,000	Failure by a company to notify Registrar of the appointment of a director, alternate director or company secretary within 28 days
78.	Section 129(2)	Small private company – $1,000	Failure by a company to notify Registrar of a change in the details of a director, alternate director or company secretary within 28 days
		Listed company – $6,000
		Other company – $2,000
79.	Section 129(3)	$1,000	Failure by a company to notify Registrar that a person ceases to be a director, alternate director or company secretary within 28 days
80.	Section 130	$600	Failure to give company information to comply with section 129 within 7 days
81.	Section 131(2)	$1,000	Failure to provide information to Registrar by date specified
82.	Section 132	$1,500	Disqualified person not to manage companies
83.	Section 139(1)	$300	Failure to call general meeting upon members’ request
84.	Section 139(5)	$300	Failure to call a meeting within 21 days after request is given to company
85.	Section 139(6)	$300	Failure to hold meeting within 2 months after request is given to company
86.	Section 140(2)	$300	Failure to call meeting within 3 months after request is given
87.	Section 140(4)	$300	Failure to give members the copy of the register without charge
88.	Section 142(1)	$300	Failure to give notice of meeting at least 21 days beforehand
89.	Section 142(3)	$300	Annual general meeting or general meeting cannot be called on short notice
90.	Section 143(1)	$300	Failure to give written notice of meeting to members individually
91.	Section 143(2)	$300	Failure to give notice to joint member named first in register of members
92.	Section 144	$300	Failure to give auditor notice of general meeting and any other communication relating to general meeting
93.	Section 148(2)	$300	Failure by company to give all members notice of resolution
94.	Section 149(6)	$300	Failure by company to distribute to all members a copy of statement
95.	Section 150	$300	Meetings must be held for a proper purpose
96.	Section 168(2)	$300	Failure to immediately take poll on election of a chair or question of adjournment
97.	Section 170(1)	$600	Failure to hold an annual general meeting within 18 months after registration
98.	Section 170(2)	$600	Failure to hold an annual general meeting at least once a year and within 6 months after the end of financial year following first annual general meeting
99.	Section 171(4)	$600	Failure to hold annual general meeting within extended period
100.	Section 172	$600	Failure by company’s auditor to attend annual general meeting
101.	Section 173	$300	Failure to allow members to ask questions or make comments on company management at annual general meeting
102.	Section 174(1)	$600	Failure to keep minute books
103.	Section 174(2)	$600	Failure to ensure that minutes of meeting are signed
104.	Section 174(5)	$600	Failure to keep minute books at listed places
105.	Section 175(1)	$300	Failure to ensure minute books are open for inspection by members free of charge
106.	Section 175(3)	$300	Failure to send minutes to members within 14 days or longer period approved
107.	Section 185(3)	$300	Failure by company to give written notice to members within 7 days after variation or cancellation of class rights is made
108.	Section 189(1)	$1,000	Failure to lodge notice setting out particulars in prescribed form
109.	Section 189(2)	$1,000	Failure to lodge notice within 14 days after resolution
110.	Section 190(5)	$1,500	Disclosure of information obtained during inspection of books
111.	Section 199(4)	$1,000	Failure to lodge copy of resolution within 14 days
112.	Section 204(2)	$300	Failure to adhere to section 202 or 203
113.	Section 205	$1,500	Solvency test
114.	Section 207	$6,000	Failure to pay dividends out of profit
115.	Section 210	$1,500	Solvency test
116.	Section 211(1)	$1,000	Failure to lodge notice of share issue in prescribed form
117.	[Repealed]
118.	Section 212	$1,000	Failure to lodge notice of share cancellation in prescribed form
119.	Section 213(1)	$1,500	Failure to notify Registrar of substantial interest
120.	Section 213(3)	$1,000	Failure to provide required information within 3 working days upon being aware
121.	Section 215	$1,500	Solvency test
122.	Section 216	$300	Failure by an unlimited liability company to get approval by resolution at a general meeting before reducing its share capital
123.	Section 218(4)	$1,000	Failure to lodge copy of any resolution in prescribed form within 14 days
124.	Section 218(7)	$1,000	Failure to lodge notice of meeting and any accompanying document relating to reduction, in prescribed form
125.	Section 219(3)	$1,500	Dishonest involvement
126.	Section 222(1)	$300	Failure to obtain members’ approval of terms of buy-back before entering into resolution
127.	Section 222(2)	$300	Selective buy-back agreement approval
128.	Section 222(3)	$300	Failure to include statement setting out all material information known to company on how to vote on the resolution
129.	Section 222(5)	$1,000	Failure to lodge a copy of the notice of the meeting and any document relating to buy-back before notice is sent to members
130.	Section 222(6)	$1,000	Buy-back under an equal buy-back agreement approval
131.	Section 223(2)	$300	Disposing of shares
132.	Section 223(4)	$1,000	Notice of cancellation of shares to Registrar
133.	Section 227	$300	Directly acquiring own shares
134.	Section 228(1)	$300	Taking security over own shares
135.	Section 228(6)	$300	Failure of company to cease holding shares or units of shares at the end of specified period
136.	Section 230(1)	$300	Company controlling entity that holds shares in it
137.	Section 230(3)	$300	Voting rights
138.	Section 230(4)	$20	Company controlling entity that holds shares in it fails to release shares at the end of 12 months
139.	Section 231(2)	$300	Failure to adhere to section 227 or 228 if person involved is dishonest
140.	Section 232	$300	Financial assistance by a company for acquiring shares in the company or a holding company
141.	Section 233(2)	$300	Failure to approve financial assistance by special resolution
142.	Section 233(3)	$300	Approval by a special resolution passed at a general meeting
143.	Section 233(4)	$300	Failure to include statement setting out all material information known to company on how to vote on the resolution
144.	Section 233(6)	$1,000	Failure to lodge copy notice of meeting and accompanying documents
145.	Section 233(7)	$1,000	Failure to lodge resolutions within 14 days
146.	Section 235(2)	$1,500	Failure to adhere to section 232 if person involved is dishonest
147.	Section 238(1)	$600	Numbering of shares to be distinguished by an appropriate number
148.	Section 239(1)	$600	Matters to be specified in share certificate
149.	Section 242(1)	$600	Instrument of transfer
150.	Section 245	$600	Notice of refusal to register transfer within 60 days
151.	Section 248(1)	$300	Duties of company with respect to issue of certificates
152.	Section 250(9)	$600	Requirement to notify that a person holds shares in a company within 28 days
153.	Section 251(1)	$600	Notices relating to non-beneficial and beneficial ownership of shares
154.	Section 251(3)	$600	Notices relating to non-beneficial and beneficial ownership of shares
155.	Section 251(4)	$600	Notices relating to non-beneficial and beneficial ownership of shares
156.	Section 251(5)	$600	Notices relating to non-beneficial and beneficial ownership of shares
157.	Section 251(6)	$600	Notices relating to non-beneficial and beneficial ownership of shares
158.	Section 252(1)	$1,500	Prohibition on certain acquisitions of relevant interests in voting shares
159.	Section 252(3)	$1,500	Prohibition on certain acquisitions of relevant interests in voting shares – target scheme
160.	Section 252(5)	$1,500	Offers not to be made
161.	Section 256(1)	$300	Registered bidder’s statement
162.	Section 256(2)	$300	Requirement for a bidder’s statement
163.	Section 256(3)	$300	Failure to meet requirements for a prospectus under Part 26
164.	Section 257(1)	$1,500	Failure of target company to send registered target’s statement within 14 days of receipt
165.	Section 257(2)	$1,500	Requirement of target’s statement
166.	Section 259(4)	$600	Statements by experts
167.	Section 261(3)	$1,500	Suspension and cancellation of registration of registered bidder’s statement or registered target’s statement
168.	Section 261(8)	$1,500	Contravention of order
169.	Section 262(1)	$300	Compulsory acquisition of shares or interests following a takeover
170.	Section 262(2)	$300	Compulsory acquisition of shares or interests following a takeover
171.	Section 262(3)	$300	Compulsory acquisition of shares or interests following a takeover
172.	Section 262(4)	$300	Compulsory acquisition of shares or interests following a takeover
173.	Section 263(1)	$300	Compulsory acquisition of shares or interests other than following a takeover
174.	Section 263(2)	$300	Compulsory acquisition of shares or interests other than following a takeover
175.	Section 263(3)	$300	Compulsory acquisition of shares or interests other than following a takeover
176.	Section 263(4)	$300	Compulsory acquisition of shares or interests other than following a takeover
177.	Section 264(1)	$300	Compulsory acquisition of convertible securities
178.	Section 264(2)	$300	Compulsory acquisition of convertible securities
179.	Section 264(3)	$300	Compulsory acquisition of convertible securities
180.	Section 264(4)	$300	Compulsory acquisition of convertible securities
181.	Section 265(1)	$1,500	Minimum cash sum to be offered under section 263
182.	Section 265(2)	$1,500	Minimum cash sum to be offered under section 264
183.	Section 268	$30,000	Approval of securities exchange or central depository required
184.	Section 270(1)	$1,000	No changes to be made to the securities exchange or central depository rules
185.	Section 270(2)	$1,000	Proposed amendments to the securities exchange or central depository rules must be made to the Reserve Bank for approval
186.	Section 270(3)	$1,000	Changes in securities exchange or central depository rules
187.	Section 270(6)	$1,000	Informing and obtaining prior consent from the Reserve Bank of changes
188.	Section 271(1)	$1,000	Disciplinary actions by the securities exchange
189.	Section 272	$1,500	Securities industry licences required
190.	Section 273(1)	$1,000	Failure to apply for securities industry licence
191.	Section 277	$1,000	Obligation by the holder of a securities industry licence to report changes within 14 days
192.	Section 280(1)	$1,500	Transactions in listed securities – what holder of a securities industry licence must not do
193.	Section 280(3)	$1,500	Holder of listed securities must not sell such listed securities
194.	Section 280(4)	$1,500	Transactions in listed securities
195.	Section 280(5)	$1,500	The holder of a securities industry licence must not execute a transaction for his or her own account
196.	Section 281	$6,000	Prohibition on offers of securities
197.	Section 282	$6,000	Prohibition on offers of securities by private companies
198.	Section 283(1)	$1,000	Offers to the Public may only be made under a prospectus
199.	Section 284	$1,000	Minimum content of prospectus
200.	Section 286	$1,000	Minimum content of offer document
201.	Section 288(1)	$1,500	Failure to hold application money and all other money on trust
202.	Section 288(2)	$300	Failure to return application money
203.	Section 288(3)	$300	Failure to return application money within 7 days of the end of the 3 month period
204.	Section 289(1)	$300	Failure to include disclaimer in prospectus and offer document
205.	Section 289(2)	$300	Failure to include disclaimer in prospectus and offer document
206.	Section 289(3)	$300	Failure to apply within 28 days of issue date of registered prospectus or registered offer document
207.	Section 289(4)	$300	Failure to include disclaimer in prospectus and offer document
208.	Section 289(5)	$300	Failure to include disclaimer in prospectus and offer document
209.	Section 289(6)	$300	Failure to include disclaimer in prospectus and offer document
210.	Section 289(7)	$300	Failure to apply within 28 days of issue date of registered prospectus or registered offer document; failure to include disclaimer in prospectus and offer document
211.	Section 297(1)	$1,500	Trustee
212.	Section 291(2)	$300	Prospectus or offer document must not contain a statement by a person as an expert
213.	Section 291(3)	$300	Requirement that a supplementary statement by an expert appear in a prospectus or offer document
214.	Section 294	$1,500	Prohibition on issue or offer of debentures
215.	Section 295(1)	$1,500	Requirement for trust deed and trustee before issue or offer of debentures
216.	Section 297(2)	$1,500	No conflict of interest or duty in appointment of trustee
217.	Section 302	$300	General duties of borrower
218.	Section 303	$1,000	Duty to notify the Registrar of information related to trustee within 14 days of appointment
219.	Section 306	$300	Duty to inform trustee about charges within 21 days after it is created
220.	Section 307(1)	$1,000	Duty to give trustee and the Registrar quarterly reports within 28 days after the end of each quarter
221.	Section 310	$300	General duties of a guarantor
222.	Section 311	$300	Failure to give trustee written details of charge within 21 days
223.	Section 313	$600	Breach of trustee’s duties
224.	Section 316(1)	$300	Borrower’s duty to call meeting
225.	Section 322(1)	$1,000	Approval by the Reserve Bank to establish a managed investment scheme
226.	Section 324(1)	$300	Requirement that a managed investment scheme have a manager and trustee
227.	Section 324(3)	$300	Failure to hold register of members for inspection
228.	Section 325(1)	$300	Restrictions as to trustee and manager
229.	Section 326(1)	$300	Nomination of company by trustee
230.	Section 327(3)	$300	Removal of trustee — manager to propose a replacement trustee
231.	Section 327(4)	$300	Removal of trustee — resolution to appoint a replacement trustee
232.	Section 328(2)	$300	Removal of manager — trustee to propose a replacement manager
233.	Section 328(3)	$300	Removal of manager — resolution to appoint a replacement manager
234.	Section 329(1)	$1,000	Requirement that Reserve Bank approve scheme deed
235.	Section 330(1)	$1,000	Failure to lodge copy of scheme deed within 7 days
236.	Section 333	$300	Payment of subscription monies to trustee by the manager of any managed investment scheme
237.	Section 336(1)	$300	Failure of manager to call general meeting
238.	Section 336(2)	$300	Failure to give notice of meeting
239.	Section 336(5)	$300	General meeting held not in accordance to section 336(5)
240.	Section 338	$300	Notice of meetings must be given to members of a managed investment scheme at least 21 days beforehand
241.	Section 339(1)	$300	Failure to give written notice of meeting to scheme’s members
242.	Section 339(2)	$300	Failure to notify joint member first appearing in register
243.	Section 340	$300	Manager of a managed investment scheme must give auditor notice and other communications
244.	Section 343(2)	$300	Notice of resolution must be given by the manager to all its members
245.	Section 344(6)	$300	Failure to distribute copy of statement to all members
246.	Section 367(1)	$600	Failure of manager to keep minute books and record proceedings and resolution within 28 days
247.	Section 367(3)	$600	Failure of manager to keep minute books in listed places
248.	Section 368(1)	$300	Failure of manager to ensure minute books are open for inspection
249.	Section 368(3)	$300	Failure of manager to send copy of minute book within specified period
250.	Section 368(4)	$300	Failure of manager to send copy of minute book within specified period
251.	Section 368(5)	$300	Payment in excess of prescribed amount
252.	Section 371(1)	Small private company — $600	Failure to register charge
		Company limited by guarantee granted a licence under section 31 — $600
		Listed company — $1,500
		Other company — $1,000
		Foreign company — $1,500
253.	Section 372(1)	$300	Duty of company to register charges existing on property acquired
254.	Section 372(2)	$1,000	Duty of company to register charges existing on property acquired
255.	Section 374(1)	$1,000	Variation of charges
256.	Section 375(1)	$1,000	Satisfaction of and release of property from charges
257.	Section 375(2)	$1,000	Lodging memorandum
258.	Section 379(5)	$300	Failure to keep documents relating to a charge on property of the company
259.	Section 379(6)	$300	Failure to allow creditors or members to inspect register for free
260.	Section 379(7)	$300	Failure to comply with request for copy of register
261.	Section 386(1)	$1,500	Obligation to keep financial records
262.	Section 386(2)	$1,500	Obligation to keep financial records for 7 years
263.	Section 386(3)	$300	Failure to keep financial records at registered office of company or managed investment scheme
264.	Section 388(1)	$300	Requirement that financial statements and a directors’ report be prepared for each financial year
265.	Section 388(2)	$300	Requirement that pro forma financial statements be prepared by all medium private companies
266.	Section 388(3)	$300	Financial statements prepared by small private company
267.	Section 390(1)	$300	Requirement that financial statements be accompanied by directors’ declaration
268.	Section 391(1)	$6,000	Preparation of financial statements to comply with accounting standards
269.	Section 391(2)	$6,000	Preparation of pro forma financial statements to comply with accounting standards
270.	Section 392(1)	$300	Requirement to prepare a directors’ report
271.	Section 392(2)	$300	Requirement that directors’ report contain information that members would require to make an informed assessment
272.	Section 392(3)	$300	Particulars of report
273.	Section 392(4)	$300	Financial statements prepared for consolidated entity
274.	Section 393(1)	$300	Audit of annual financial statements
275.	Section 394	$1,500	Audit working papers to be retained for 7 years
276.	Section 395(1)	$600	Auditor’s independence declaration
277.	Section 396(1)	$600	Auditor’s report
278.	Section 398	$30,000	Auditor must report to the Registrar within 28 days
279.	Section 399	$600	Special provisions on audit of debenture issuers and guarantors
280.	Section 400(1)	$600	Failure to provide annual report to members
281.	Section 400(2)	$300	Failure of public company to provide annual report to members
282.	Section 400(3)	$300	Failure of private company and managed investment scheme to provide annual report to members
283.	Section 400(4)	$300	Failure of small private company to provide financial statements and directors’ report to its members
284.	Section 401	$600	Consideration of annual reports at annual general meeting
285.	Section 402	$1,500	Additional reporting by debenture issuers
286.	Section 403(1)	$6,000	Failure to lodge annual report in prescribed form within 4 months of financial year
287.	Section 404(1)	$600	Failure to lodge amended annual report or pro forma financial statement within 14 days of amendment and give copy to any member upon request
288.	Section 404(2)	$600	Failure to inform members of nature of amended annual report or pro forma financial statement
289.	Section 405	$1,500	Directors and officers of controlled entity to give information when preparing consolidated financial statements
290.	Section 407(4)	$600	Failure to consolidate financial statements by 12 months
291.	Section 408(1)	$600	Failure of director to pass solvency resolution within 2 months after end of financial year
292.	Section 409(1)	$1,000	Failure to notify Registrar of negative solvency resolution
293.	Section 409(2)	$1,000	Failure to notify Registrar of no passing of solvency resolution, in prescribed form within 7 days after end of the 2 month period at end of financial year
294.	Section 412(1)	$300	Insurance to be maintained by auditors and liquidators
295.	Section 416(1)	$1,000	Failure to lodge with Ministry of Justice on occurrence of event within 21 days
296.	Section 416(2)	$1,000	Failure to lodge with Ministry of Justice circumstances of disqualification
297.	Section 421(1)	$300	Failure to appoint auditor within 28 days after day company is registered
298.	Section 422(1)	$1,500	Public company auditor (annual appointments at annual general meetings to fill vacancies)
299.	Section 422(2)	$300	Failure of directors to appoint an auditor to fill vacancy within 28 days after vacancy occurs
300.	Section 425(1)	$300	Failure to obtain auditor’s consent before appointment
301.	Section 427(2)	$300	Failure to give notice of intention to remove auditor at least 2 months before meeting is held
302.	Section 427(4)	$300	Failure to send copy of representations in accordance with auditor’s request
303.	Section 430(1)	$1,500	General requirements for auditor independence
304.	Section 430(2)	$1,000	Failure to notify Ministry of Justice and company or managed investment scheme within 21 days of becoming aware of conflict of interest
305.	Section 433	$600	Disqualification of liquidator
306.	Section 434(1)	$300	Reports by liquidator
307.	Section 437(5)	$300	Failure to annex copy of order to copy of articles of association
308.	Section 437(9)	$300	Appointment to administer compromise or arrangement
309.	Section 438(1)	$300	Information as to compromise with creditors and members
310.	Section 438(2)	$300	Information as to compromise with creditors and members
311.	Section 438(3)	$300	Information as to compromise with creditors and members
312.	Section 439(3)	$1,000	Failure to lodge copy of order within 14 days of order
313.	Section 440(3)	$300	Power to acquire shares of members dissenting from scheme or contract approved by majority
314.	Section 440(7)	$300	Power to acquire shares of members dissenting from scheme or contract approved by majority
315.	Section 440(10)	$300	Failure of transferee company to send copy of notice to transferor company with instrument of transfer and pay, allot or transfer consideration of shares
316.	Section 440(11)	$300	Failure to register transferee company as holder of shares
317.	Section 440(12)	$600	Failure to pay into separate bank account all sums received, and failure to hold in trust such consideration
318.	Section 441	$300	Persons not to act as receivers or managers
319.	Section 442	$1,500	Disqualification of undischarged bankrupt from acting as a receiver or manager
320.	Section 447(1)	$600	Duties in relation to bank accounts and financial records
321.	Section 448(1)	$1,500	Failure to notify appointment of receiver or manager
322.	Section 448(2)	$1,500	Wilful authorisation of default
323.	Section 450(1)	$300	Information where receiver or manager appointed
324.	Section 450(2)	$300	Information where receiver or manager appointed
325.	Section 451(1)	$300	Special provisions as to statement submitted to receiver or manager
326.	Section 451(2)	$300	Requirement that statement be submitted and verified by affidavit
327.	Section 452 (a)	$1,000	Delivery to Registrar of accounts of receivers and managers
328.	Section 484	$200,000	Penalty for falsification of books
329.	Section 485	$200,000	Fraud by officers of company which has gone into liquidation
330.	Section 486	$200,000	Officers of company failing to account for loss of part of company’s property
331.	Section 487	$200,000	Liability where proper accounts not kept
332.	Section 493	$1,000	Notice by liquidator of appointment to be made within 14 days
333.	Section 496	$600	Costs of winding up must be payable out of the assets of the company
334.	Section 499	$1,500	Corrupt inducement affecting appointment as liquidator
335.	Section 501(2)	$1,500	Failure to notify that a company is in liquidation
336.	Section 505	$1,000	Information as to pending liquidations to be given to Registrar
337.	Section 506(1)	$600	Failure to pay unclaimed assets to Companies Liquidation Account
338.	Section 530	$1,000	Failure to forward a copy of order to Registrar
339.	Section 534(1)	$1,000	Failure to submit to Official Receiver the statement of company’s affairs after court orders for winding up or appointment of a provisional liquidator
340.	Section 534(2)	$600	Failure by director or secretary to verify statement
341.	Section 534(3)	$1,000	Failure to submit statement within 14 days
342.	Section 539	$1,000	Failure to notify Registrar of appointment in prescribed form; failure to give Official Receiver information and access to books and documents
343.	Section 545	$300	Failure by liquidator to keep records
344.	Section 546(1)	$1,500	Payment by liquidator to Official Receiver for credit of Companies Liquidation Account
345.	Section 546(3)	$1,500	Failure to explain retention to satisfaction of the court
346.	Section 546(4)	$1,500	Payment by liquidator into private bank account
347.	Section 547(1)	$1,000	Failure of liquidator to send to Official Receiver account of receipts and payments
348.	Section 547(5)	$1,000	Failure of liquidator to send copy of account to each creditor and contributory within 30 days of audit
349.	Section 574	$1,000	Failure to give notice of resolution to wind up voluntarily within 14 days of passing resolution
350.	Section 580(1)	$300	Failure of company to appoint one or more liquidators in general meeting
351.	Section 583	$300	Duty of liquidator to call creditors’ meeting in case of insolvency
352.	Section 584	$600	Duty of liquidator to call general meeting at the end of each year
353.	Section 585(1)	$600	Failure of liquidator to make up account of winding up and to call general meeting
354.	Section 585(2)	$1,000	Failure to call meeting by advertisement in Gazette and newspaper and lodge with Registrar at least 30 days prior to meeting
355.	Section 585(3)	$1,000	Failure to lodge a notice in prescribed form within 14 days of meeting
356.	Section 585(4)	$1,000	If quorum not present — failure to lodge a notice in prescribed form within 14 days of meeting
357.	Section 585(7)	$1,000	Failure to deliver to Registrar certified copy of order using prescribed form
358.	Section 588(1)	$600	Meeting of creditors
359.	Section 588(2)	$1,000	Failure to call meeting by advertisement in Gazette and newspaper and lodge with Registrar at least 30 days prior to meeting
360.	Section 588(3)	$600	Failure of directors to provide required information of company at meeting of creditors and to appoint a director to preside at meeting
361.	Section 588(4)	$600	Failure of director to preside at meeting
362.	Section 595	$600	Failure to call meetings of company and of creditors at the end of each year
363.	Section 596(1)	$600	Final meeting and deregistration
364.	Section 596(2)	$1,000	Failure to advertise meeting and lodge notice in prescribed form at least 30 days prior to meeting
365.	Section 596(3)	$1,000	Failure to lodge notice in prescribed form within 14 days of meeting
366.	Section 596(4)	$1,000	If quorum not present — failure to lodge notice in prescribed form within 14 days of meeting
367.	Section 596(7)	$1,000	Failure to deliver certified copy of order to Registrar in prescribed form within 7 days
368.	Section 602(2)	$300	Failure to give nominee notice of deregistration
369.	Section 602(4)	$1,000	Failure to give information as requested by Registrar on current and former officers of a company
370.	Section 605(7)	$1,500	Failure to keep company’s books for 3 years after deregistration
371.	Section 614	$270,000	Prohibited conduct by person in possession of inside information
372.	Section 633(3)	$1,000	Failure to comply with court order to give assistance
373.	Section 646(8)	$1,000	Failure to assist
374.	Section 648	$270,000	Market manipulation
375.	Section 649(1)	$270,000	Creating false or misleading appearance of active trading
376.	Section 650(1)	$270,000	Artificially maintaining trading price
377.	Section 651	$270,000	Dissemination of information about illegal transactions
378.	Section 652	$270,000	False or misleading statements
379.	Section 653(1)	$270,000	Inducing persons to deal
380.	Section 654(1)	$270,000	Dishonest conduct
381.	Section 655(1)	$270,000	Misleading or deceptive conduct
382.	Section 658	$120,000	Offering securities in body that does not exist
383.	Section 659(1)	$120,000	Offering securities without current disclosure document
384.	Section 659(2)	$120,000	Offering securities without current disclosure document
385.	Section 660(1)	$120,000	Misstatement in, or omission from, disclosure document
386.	Section 664(1)	$1,500	Restrictions on advertising and publicity
387.	Section 666(2)	$120,000	Failure to notify securities exchange of information
388.	Section 667	$270,000	Offering securities in breach of Act
389.	Section 668(1)	$300	Advertising or publication of false or misleading statements
390.	Section 668(2)	$120,000	False or misleading statements
391.	Section 668(4)	$6,000	Failure to take reasonable steps to ensure information given or omission thereof is not false or misleading
392.	Section 669(1)	$120,000	False information
393.	Section 669(2)	$6,000	Failure to take reasonable steps to ensure information given is not false or misleading
394.	Section 670	$1,000	Obstruction of or hinderance to Registrar
395.	Section 682(1)	$120,000	Victimisation
396.	Section 682(2)	$120,000	Victimisation
397.	Section 683(1)	$120,000	Company, officers, employees and auditors – breach of confidentiality
398.	Section 684(1)	$1,000	Accessorial liability
399.	Section 684(2)	$270,000	Accessorial liability
400.	Section 685	$1,000	Failure to comply with provision in Part 44
401.	Section 717(1)	$600	Failure to make available for inspection book under Act
402.	Section 717(2)	$600	Failure to keep register open for inspection for same period registered office or company is required to remain open
403.	Section 720(1)	$1,000	Failure to lodge instrument or copy of instrument with any certified translation of the instrument in English at the same time
404.	Section 720(2)	$300	Failure to keep certified translation of instrument in English
405.	Section 722(3)	$6,000	Failure to take reasonable precaution against damage to, destruction or falsification of, books or part of a Book
406.	Section 723	$200,000	Falsification of books