A person who, without reasonable excuse, does not comply with a prohibition notice given to the person is guilty of an offence.
: Maximum penalty--(a) in the case of a corporation--$2,000,000 and, in the case of a continuing offence, a further penalty of $240,000 for each day the offence continues, or(b) in the case of an individual--$500,000 and, in the case of a continuing offence, a further penalty of $120,000 for each day the offence continues.
Note : An offence against this section committed by a corporation is an offence attracting special executive liability for a director or other person involved in the management of the corporation--see section 169.