pecuniary penalty

References in periodicals archive ?
The Federal Court of Australia ordered that Patrick John Godfrey, the former managing director of Banksia Securities Limited (In Liquidation) (Receivers and Managers Appointed) (Banksia), pay a pecuniary penalty of $25,000 and be disqualified from managing corporations for a period of five years.
Once the judgment of conviction becomes final and executory, the trial court has the ministerial duty to immediately execute the penalty of imprisonment and or pecuniary penalty,' the court ruled.
Australia Post upholds that it only divulged information to authorised agencies "under a law of the Commonwealth, or the enforcement of criminal law, or for enforcement of a law imposing a pecuniary penalty, or the protection of the public revenue," a spokesman told the Sydney Morning herald.
The maximum pecuniary penalty that can be imposed following a declaration that a director has breached the statutory duties is AUD $200,000 per breach.
The newspapers released a joint statement about the campaign and said the pecuniary penalty was not proportional to to economic opportunities of the newspapers, and noted the decision of the court was a blow on freedom of media.
In the latter case, the Assembly will also assume payment of the pecuniary penalty, the reason being that in penal proceedings, an "absolute liability" offence may be committed in good faith free of wrongful intent on the part of the offender even though a conviction is warranted and no defence of reasonable care is admissible.
The Federal Court has imposed a pecuniary penalty of $3.
The procedural and evidential difficulties resulting from the Rich case remain for ASIC in civil penalty proceedings where it is seeking a pecuniary penalty, since these amendments to the Corporations Act 2001 (Cth) ('Corporations Act') (the insertion of s 1349) did not abrogate the penalty privilege in relation to such proceedings.
ASIC cross-appealed the disqualification and pecuniary penalties made against Mr Lewski, and the pecuniary penalty orders made against Dr Wooldridge, Mr Butler and Mr Jaques on the basis that they were manifestly inadequate.
It presents statistical evidence on the trend in cases, success rates', the firms and markets involved, and on the actual pecuniary penalty levels.