13—Amendment of section 5—Conveyancers to be registered
Section 5, penalty provision—delete the penalty provision and substitute:
Maximum penalty:
(a) for an offence committed by a natural person—
(i) for a first or second offence—$50 000; or
(ii) for a third or subsequent offence—$50 000 or 12 months imprisonment or both; or
(b) for an offence committed by a body corporate—$250 000.